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U.S. bank PNC Financial reported a rise in first-quarter profit on Tuesday, helped by a boost in interest income.

The chart below shows what you would expect: Short-term corporates tend to have the lowest yields, while long-term corporates ...

Investment income for the conglomerate in the year under review advanced 189.8 per cent to N20.3 billion, driven by increased interest received ... x Do this later Profit before tax was up by ...

CIC Insurance Group Plc, a leading cooperative insurer in Africa, has recorded a significant growth in profit before tax for the economic calendar year 2024. The insurance giant’s financial books ...

At the beginning of the 2025 Formula 1 season, Yuki Tsunoda was in one of the most precarious positions on the grid. The vast majority of F1 drivers signed new contracts last year, with six full-time ...

HabariPay, the fintech subsidiary of Guaranty Trust Holding Co Plc, recorded N3.8 billion profit after tax in 2024 as the bank pushes further into the fintech space. This was disclosed by the company ...

The bank’s profit growth was largely driven by growth in non-interest income and a cut in provisions for bad loans that the lender’s chief executive James Mwangi attributed to improvement in ...

"Profit margins are a leading recession indicator and, at least before the disruptions that ... The Federal Reserve last week left interest rates unchanged, an acknowledgement of the uncertainty ...

In a volatile economic environment, it’s tempting as a business leader to have a laser focus on profit above everything else. Higher revenues underpinned by cost-efficient processes will drive ...

The Group’s management monitors and evaluates operating and financial performance using several non-IFRS financial measures including: adjusted earnings before interest and taxes (“Adjusted ...

The high-street fashion chain hit the £1bn profit-before-tax milestone for the first time ever. At £1.01bn, it’s up 10% over the previous year. Total group sales increased by 8.2% with full ...