M&T Bank Net Falls 19%, Credit Loss Allowance Ratio Held at 1.6%

Net interest margin declined to 2.65% from 2.97%.

MTB

Manpower Net Jumps 48% On Improved Business Mix

Quarterly revenues increased 4% and jumped 10% on a constant currency basis. Repurchased $60 million of stocks in the quarter.

MAN

Trusit Financial Net Interest Margin Falls

Diluted earnings per shared fell to 99 cents. ROA declined to 1.07% from 1.31%.

TFC

P&G Lifts Earnings Outlook Despite Higher Commodities and Freight Cost

The company guided higher annual sales and earnings per share to increase in the range of 6% to 9%. Higher commodities, freight costs and negative foreign exchange to have a negative impact of $3.2 billion.

PG

IBM Guides Higher Annual Revenues and $10 Billion Cash Flow

Quarterly revenues in software and consulting segments increased in double digits.

IBM

Netflix Loses Customers, Stock Plunges 23%

Revenue growth slows to 9.7%. Global streaming net paid membership lost 0.2 million and are estimated to lose 2 million more in Q2.

NFLX

J&J Lowers Full-Year Sales Outlook Range, Quarterly Net Falls 17%

Company reaffirmed 2022 full-year guidance for adjusted operational earnings per share and base business operational sales.

PFE

Travelers Net Written Premiums Up 11%, Hikes Dividend 6%

Board of Directors declares 6% Increase in regular quarterly cash dividend to $0.93 per share.

TRV

Lockheed Reaffirms 2022 Outlook, Net Down 5.6%

Returned $2.8 billion of cash to shareholders through share repurchases and dividends and reaffirms 2022 financial outlook.

LMT

Hasbro Guides Higher Revenues, Operating Cash Flow

Revenues increased in all segments and lifted outlook for adjusted operating earnings.

HAS

JB Hunt Transport Quarterly Revenues Up 33%, Net Income Soars 67%

First Quarter Operating Income Up 61% to $334.3 million.

JBHT

Synchrony Lifts Dividend and Expands Share Repurchase Plan

The company returned $1.1 billion in capital to shareholders, including $967 million of share repurchases and $114 million of common stock dividends.

SYF

Charles Schwab Trading Revenues Fall 21%

Core Net New Assets Total $120.5 Billion. Total Client Assets Finish at $7.86 Trillion, up 11% Year-over-Year.

SCHW

Bank of New York Reports Flat Revenues, Net Falls 19%

Bank of New York Mellon said quarterly revenues was flat at $3.9 billion and net income declined 19% to $699 million. Earnings per share in the quarter fell 11% to 86 cents from 97 cents a year ago. Net interest revenues increased 7% and assets under management increased 2% to $2.3 trillion. Revenues were flat in Securities Services and Market Wealth Services but declined 3% in Investment and Wealth Management.

BK

Bank of America Net Falls 12%

Average Loan Balances up $70 Billion to $978 Billion; Average Deposits up $240 Billion to $2.0 Trillion, Third Consecutive Quarter of Operating Leverage

BAC