You invest in a mutual fund expecting 8% annual returns but only see 7%. The culprit? A hidden cost called the expense ratio.

Wells Fargo WFC reported good results for the third quarter, as fee income was strong and expenses were largely controlled. The shares were trading around 6% higher after the bank reported its results ...

Financial services company Truist Financial (NYSE:TFC) in Q1 CY2025, with sales up 1.7% year on year to $4.9 billion. Its non-GAAP profit of $0.87 per share was in line with analysts’ consensus ...

(Reuters) -Custodian bank State Street on Thursday reported a 39% jump in first-quarter profit, benefitting from lower expenses and higher fees earned from managing client assets. The bank's assets ...

Vanguard founder John Bogle repeatedly warned, “The miracle of compounding returns is overwhelmed by the tyranny of compounding costs.” He wasn’t talking about semiliquid funds, but he could have been ...

U.S. Bancorp USB is scheduled to report fourth-quarter 2024 results on Jan. 16, 2025, before the opening bell. The company is expected to have witnessed a year-over-year rise in quarterly revenues and ...

Wells Fargo & Company WFC has reported its first-quarter 2025 adjusted earnings per share of $1.27, which surpassed the Zacks Consensus Estimate by 3.3%. In the prior-year quarter, the company ...

DALLAS--(BUSINESS WIRE)--Regan Capital, an investment firm managing over $2.2 billion in assets, today announced a fee reduction for its Regan Total Return Income Fund (RCIRX), an open-ended mutual ...

MSC Income Fund, Inc. offers an attractive blend of high income and undervaluation, trading at a 15–16% discount to NAV.