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• Truist and Fifth Third both paid about 2.1% on interest-bearing deposits, yet Fifth Third's net interestMarginwidened to 3.36% while Truist's fell to 2.98%.
• Schwab's net interestRevenuerose 19% to $3.36 billion, about 47% of total revenue, while Interactive Brokers' net interest income rose 23% to $1.06 billion, about 56% of its revenue.
• Robinhood's totalRevenuerose 32% to $1.31 billion asEquityandOptionstrading surged, whileCryptocurrencyrevenue fell 38% to $100 million.
• JPMorgan's deposit growth was led by wholesale clients, up 11%, while Bank of America leaned on retail, adding 160,000+ new checking accounts.
• Citizens' net charge-off ratio fell to 0.37% with nonaccrual loans declining, while KeyCorp's nonperforming loans rose to 0.73% of loans from 0.62%.
• MetLife's Retirement and Income Solutions adjustedEarningsrose just 2% to $377 million despite premiums excluding pension risk transfer rising 19%.
• About three-quarters of Nasdaq's netRevenuecame from software, data and listings, while roughly three-quarters of Cboe's came from transaction and clearing fees.
• Progressive's combined ratio edged up to 87.3 while premiums grew 5%; Allstate's improved sharply to 86.6, helped by $1.5 billion in reserve releases.
• Invesco reported record net long-term inflows of $45.1 billion, driven mainly by ETFs andindexproducts, while its fundamentalEquityfunds lost $7.7 billion.
• BlackRock attracted $192 billion of total net inflows in the quarter, while T. Rowe Price saw net outflows of $6.5 billion despite record AUM of $1.89 trillion.
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