- Zacks
Affirm (AFRM) Incurs Loss in Q3, Narrows Y/Y on Growing GMV
Affirm's (AFRM) Q3 results gain from increased transactions in the general merchandise category, partly offset by a significant level of provision for credit losses. It expects GMV to be within $6.75-$6.95 billion for fiscal Q4 2024.
- Zacks
Commerce Bancshares' (CBSH) Balance Sheet Revamp to Aid NII
Commerce Bancshares (CBSH) announces a strategic balance sheet repositioning, which will drive its NII higher. This follows the acceptance of a share exchange deal with Visa.
- Yahoo Finance
JPMorgan just gave itself an $8 billion boost
An exchange of shares in Visa provides JPMorgan an unrealized gain of $8 billion, giving the nation's largest bank a shot to once again out-earn rivals during the second quarter.
