logo
Top Philippine Bank Likely to Sustain Record Profit, CEO Says

Top Philippine Bank Likely to Sustain Record Profit, CEO Says

Bloomberg2 days ago
BDO Unibank Inc., the Philippines' biggest lender, expects to sustain record-high earnings this year on broad-based growth in lending, its chief executive said, easing investor worries over the impact of US tariffs.
'It's not ideal, it's not what we want but we can live with it,' Chief Executive Officer Nestor Tan said on US tariffs in an interview with Bloomberg Television's Haslinda Amin on Tuesday. 'I don't think the banking sector will be affected that much. Of course there may be a slowdown.'
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

How To Earn $500 A Month From Applied Materials Stock Ahead Of Q3 Earnings
How To Earn $500 A Month From Applied Materials Stock Ahead Of Q3 Earnings

Yahoo

time27 minutes ago

  • Yahoo

How To Earn $500 A Month From Applied Materials Stock Ahead Of Q3 Earnings

Applied Materials, Inc. (NASDAQ:AMAT) will release earnings results for the third quarter after the closing bell on Thursday, Aug. 14. Analysts expect the tech company to report quarterly earnings at $2.36 per share, up from $2.12 per share in the year-ago period. Applied Materials—a supplier of chipmaking equipment to Texas Instruments' U.S. factories— projects to report quarterly revenue at $7.22 billion, compared to $6.78 billion a year earlier, according to data from Benzinga Pro. Some investors may be eyeing potential gains from the company's dividends. The company currently offers an annual dividend yield of 0.97%. That's a quarterly dividend amount of 46 cents per share ($1.84 a year). To figure out how to earn $500 monthly from Applied Materials, we start with the yearly target of $6,000 ($500 x 12 months). Next, we take this amount and divide it by Applied Materials' $1.84 dividend: $6,000 / $1.84 = 3,261 shares. So, an investor would need to own approximately $619,688 worth of Applied Materials, or 3,261 shares to generate a monthly dividend income of $500. Assuming a more conservative goal of $100 monthly ($1,200 annually), we do the same calculation: $1,200 / $1.84 = 652 shares, or $123,900 to generate a monthly dividend income of $100. View more earnings on AMAT Note that dividend yield can change on a rolling basis. The dividend payment and the stock price both fluctuate over time. The dividend yield is calculated by dividing the annual dividend payment by the current stock price. As the stock price changes, the dividend yield will also change. For example, if a stock pays an annual dividend of $2 and its current price is $50, its dividend yield would be 4%. However, if the stock price increases to $60, the dividend yield would decrease to 3.33% ($2/$60). Conversely, if the stock price decreases to $40, the dividend yield would increase to 5% ($2/$40). Further, the dividend payment itself can also change over time, which can also impact the dividend yield. If a company increases its dividend payment, the dividend yield will increase even if the stock price remains the same. Similarly, if a company decreases its dividend payment, the dividend yield will decrease. AMAT Price Action: Shares of Applied Materials rose by 0.8% to close at $190.03 on More: Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLIED MAT (AMAT): Free Stock Analysis Report This article How To Earn $500 A Month From Applied Materials Stock Ahead Of Q3 Earnings originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.

Tapestry shares sink 16% after Coach owner posts underwhelming annual outlook
Tapestry shares sink 16% after Coach owner posts underwhelming annual outlook

Yahoo

time27 minutes ago

  • Yahoo

Tapestry shares sink 16% after Coach owner posts underwhelming annual outlook

- Shares of Tapestry (NYSE:TPR) plunged by more than 16% in premarket U.S. trading on Thursday after the fashion group unveiled income estimates for its current fiscal year that underwhelmed Wall Street expectations. The Coach-owner also flagged that it incurred charges that decreased its pre-tax income for the April to June quarter by $872 million, adding that these were linked to a decline in both current and future expected cash flows due to a tariff-driven increase in operating costs. Tapestry, which sources much of its goods from countries like Vietnam and the Philippines that have been hit by elevated U.S. tariffs, warned that the duties would also lead to a headwind of about 230 basis points -- or $160 million -- in its fiscal 2026 income margin. "[T]his outlook reflects the timing of policy implementation, product sell-through, and mitigating actions underway," Tapestry said in a statement, although it noted that it expects to offset these "incremental tariffs and duties over time." Against this backdrop, the firm predicted that it would post full-year adjusted earnings per share of $5.30 to $5.45, compared to Bloomberg consensus estimates of $5.49. Revenue, meanwhile, is tipped be up to $7.2 billion, versus projections of $7.12 billion, thanks partially to a tailwind from foreign currency effects. Accessible luxury brands, such as Tapestry, have been gaining some momentum as the tariffs fuel broader economic uncertainty that is leading some shoppers -- particularly younger ones -- to shy away from high-end items and search for cheaper alternatives. Fourth-quarter net sales rose by 8.3% compared to a year ago to $1.72 billion, topping estimates. Adjusted per-share profit came in at $1.04. Related articles Tapestry shares sink 16% after Coach owner posts underwhelming annual outlook Victoria's Secret Exposed: The Warning Sign Behind the Stock's 52% Collapse Risks Rising? Smart Money Dodged 46%+ Drawdowns on These High-Flying Names Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store