Implications of "Best Interest" Rule for Annuities
Aaron Levitt
|
With broker-dealers and agents now acting in favor of clients, investors may be...
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Net income increased to $4.8 billion, or $1.51 per share, up from $3.9 billion, or $1.23 per share, last year. Excluding special items, EPS was $1.52 – above analysts’ view of $1.39.
Revenue
Revenue declined to $19.74 billion from $20.21 billion. Analysts expected to see revenue of $19.82 billion.
The bank has faced challenges since the financial crisis, but has begun to recover as it repairs relationships and legal issues. During the last stress test, the bank was finally given permission to boost its 1 cent quarterly dividend.
Symbol | Mutual Fund | Stake |
---|---|---|
VTSMX | Vanguard Total Stock Market | 1.67% |
VFINX | Vanguard 500 Index | 1.12% |
VWNFX | Vanguard Windsor | 1.05% |
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Net income increased to $4.8 billion, or $1.51 per share, up from $3.9 billion, or $1.23 per share, last year. Excluding special items, EPS was $1.52 – above analysts’ view of $1.39.
Revenue
Revenue declined to $19.74 billion from $20.21 billion. Analysts expected to see revenue of $19.82 billion.
The bank has faced challenges since the financial crisis, but has begun to recover as it repairs relationships and legal issues. During the last stress test, the bank was finally given permission to boost its 1 cent quarterly dividend.
Symbol | Mutual Fund | Stake |
---|---|---|
VTSMX | Vanguard Total Stock Market | 1.67% |
VFINX | Vanguard 500 Index | 1.12% |
VWNFX | Vanguard Windsor | 1.05% |
If you’ve enjoyed this article, sign up for the free MutualFunds.com newsletter; we’ll send you similar content weekly.
Receive email updates about best performers, news, CE accredited webcasts and more.
Aaron Levitt
|
With broker-dealers and agents now acting in favor of clients, investors may be...
Justin Kuepper
|
Let’s take a look at what sets China apart from other emerging markets,...
News
Iuri Struta
|
Check out the latest edition of mutual fund scorecard.
Find out why $30 trillon is invested in mutual funds.
Download our free report
Find out why $30 trillon is invested in mutual funds.
Download our free report
Find out why $30 trillon is invested in mutual funds.
Mutual Fund Education
Justin Kuepper
|
Let's take a closer look at how ESG investments have outperformed during the...
Mutual Fund Education
Daniel Cross
|
While CITs and mutual funds share many similarities, there are some key differences...
Mutual Fund Education
Sam Bourgi
|
The phrase ‘bear market’ has been thrown around a lot lately, but it...