Overview After the market closed on January 21st, Netflix achieved strong financial and operational performance in Q4 2024 and the full year, driven by significant growth in revenue, operating income, and global memberships. Immediately after the market closed (11:00 PM in Romania), Netflix shares were even trading over 13% above the closing price. In 2024,…
Overview 3M announced its fourth-quarter and full-year 2024 financial results, showcasing improved profitability, strong cash flow, and strategic momentum as it enters 2025 with an optimistic outlook. William Brown, 3M Chief Executive Officer said: “Our fourth quarter capped a year of strong results as we returned to positive organic revenue growth in the full year….
Overview Schlumberger (SLB), the leading provider of technology, integrated project management services and information solutions for clients active in the global oil and gas industry, reported on January 17th strong financial results for the fourth quarter and full-year 2024, with full-year revenue of $36.29bn and adjusted EBITDA of $9.07bn. In Q4, the company delivered revenue…
Overview On January 17th, Citizens Financial Group delivered a good financial performance in Q4 2024, reflecting improved net income, robust growth in noninterest income, and disciplined expense management. The bank continues to focus on its strategic priorities, including Private Banking expansion and enhanced customer services. The company closed Q4 2024 with a net income of…
Overview BlackRock reported its 4Q 2024 financial results on Wednesday (15th January), highlighting significant growth and record breaking figures. The company’s AUM hit its highest level ever, at $11.6t, while their total net inflows for the fiscal year also hit a record amount at $641bn (incl. $281bn in 4Q). BlackRock CEO, Larry Fink, commented: “Clients…
Overview Wells Fargo delivered an important performance in Q4 2024, driven by growth in noninterest income, improved expense efficiency, and solid credit quality. The results demonstrate the bank’s focus on operational excellence and disciplined risk management. Q4 2024 vs. Q4 2023: Revenue and profitability Noninterest income Expense efficiency Credit quality Capital and liquidity Full-Year 2024…
Overview Citigroup delivered strong financial results for Q4 2024, showcasing significant improvements across key metrics and reaffirming its strategic execution. The firm achieved double-digit revenue growth and higher profitability compared to Q4 2023, supported by a rebound in core business segments. Citigroup reported strong Q4 2024 results, with revenues of $19.6bn, net income of $2.9bn,…
Overview Goldman Sachs (GS) delivered a strong financial performance in Q4 2024, underpinned by significant growth across its Global Banking & Markets and Asset & Wealth Management segments. The firm reported robust earnings, improved efficiency, and record revenues in key areas, reflecting its diversified business model and strategic focus. GS reported net revenues of $53.51bn…
Overview On January 16th, Morgan Stanley delivered strong results in Q4 2024, achieving net revenues of $16.2bn and earnings per diluted share (EPS) of $2.22, reflecting a robust 20.2% ROTCE. For the full year, the firm reported record net revenues of $61.8bn and a net income of $13.4bn, with an EPS of $7.95 and a…
Overview Bank of America reported its Q4 2024 financial results, showcasing significant improvements in revenue and profitability compared to Q4 2023 and Q3 2024. The bank’s robust performance was driven by record growth in key segments such as Global Markets and Consumer Banking, along with continued digital innovation. Bank of America closed 2024 with solid…
Overview Taiwan Semiconductor Manufacturing Company (TSMC), the world’s leading semiconductor foundry, reported a fantastic performance in Q4 2024, driven by surging demand for advanced technology nodes and growth across key platforms such as High-Performance Computing (HPC) and Automotive. Revenue Growth Profitability Earnings Per Share (EPS) Cash Flow and Investments Technology and platform contributions Geographic revenue…
Overview JPMorgan Chase presented its 4Q24 results on January 15th, having exceeded analysts’ expectations. The bank presented a 2024 RoE of 17%, and an annual RoTCE of 22%. The increase in net income was mainly driven by Investment Banking and AWM. Jamie Dimon, the CEO of JPMorgan Chase, commented: “Each line of business posted solid…