U.S. Movers: Ally Financial, American Express, Blackstone, Charles Schwab, DR Horton, Netflix, Regions Financial

Scott Peters
18 Apr, 2025
New York City

Charles Schwab Corp. gained 0.2% to $76.29 after the brokerage and advisory services company reported first-quarter 2025 results...

Revenue surged to $5.60 billion from $4.74 billion, net income edged up to $1.80 billion from $1.25 billion, and diluted earnings per share rose to 99 cents from 68 cents a year ago.

The company added $137.7 billion in core net new assets during the quarter, an increase of 44% from a year earlier, bringing the total client assets up 9% to $9.93 trillion.

“New brokerage account openings increased 8% year-over-year to 1.2 million for the quarter, propelling total active brokerage accounts to 37.0 million,” the company said in a release to investors.

The brokerage company increased its quarterly dividend by 8% and repurchased $1.5 billion worth of common stock.

American Express gained 0.3% to $252 after the financial services company reported first-quarter 2025 results.

Revenue climbed 7% to $16.97 billion from $15.80 billion, net income edged up 6% to $2.58 billion from $2.44 billion, and diluted earnings per share rose 9% to $3.64 from $3.33 a year ago.

Consolidated expenses were $12.5 billion, an increase of 10% compared to the first quarter in 2024, as operating expenses increased, while marketing expenses were roughly flat from a year earlier.

Blackstone Inc. inched up 0.01% to $130.40 after the asset management company reported first-quarter 2025 results.

Revenue declined to $3.29 billion from $3.69 billion, net income dropped to $614.85 million from $847.39 million, and diluted earnings per share slipped to 80 cents from $1.11 a year ago.

Total assets under management increased 10% from the prior year to $1.17 trillion, with $61.6 billion of inflows in the quarter and $199.1 billion over the last twelve months.

The company repurchased 0.2 million shares in the quarter and 3.5 million shares over the last twelve months, with a remaining authorization of $1.8 billion at March 31.

Blackstone proposed a quarterly dividend of 93 cents per share, payable on May 5 to shareholders on record as of April 28.

D.R. Horton Inc. rose 2.3% to $124.03 despite the home builder reporting a decline in revenue and earnings in the first quarter. 

Revenue declined to $7.73 billion from $9.11 billion, net income edged down to $810.4 million from $1.17 billion, and diluted earnings per share dropped to $2.58 from $3.52 a year ago.

The company repurchased 9.7 million shares for $1.3 billion and announced a new share repurchase authorization of $5.0 billion.

In addition, the home builder paid cash dividends of $125.5 million in the quarter.

The company proposed a quarterly cash dividend of 40 cents per share, payable on May 9 to shareholders on record as of May 2.

D.R. Horton guided fiscal 2025 revenue to be between $33.3 billion and $34.8 billion, compared to $36.8 billion in 2024, and the company expects to sell between 85,000 and 87,000 homes.

The company estimated share repurchases of approximately $4.0 billion and dividend payments of approximately $500 million in fiscal 2025.

Ally Financial Inc. gained 0.4% to $31.77 after the bank holding company reported first-quarter 2025 results.

Revenue edged up to $1.48 billion from $1.47 billion, net income swung to a loss of $253 million from a profit of $115 million, and diluted loss per share was 82 cents compared to a profit of 37 cents a year ago.

The company announced a quarterly dividend of 30 cents per share for the fiscal second quarter, unchanged from a year earlier.

Regions Financial Corp. traded flat at $19.31 after the bank holding company reported first-quarter 2025 results.

Revenue increased to $1.78 billion from $1.75 billion, net income edged up to $490 million from $368 million, and diluted earnings per share rose to 51 cents from 37 cents a year ago.

Netflix surged 3.5% to $1,006.79 after the streaming services provider reported first-quarter 2025 results.

Revenue jumped to $10.54 billion from $9.37 billion, net income edged up to $2.89 billion from $2.33 billion, and diluted earnings per share rose to $6.61 from $5.28 a year ago.

The company guided second-quarter revenue to be $11.03 billion, net income at $3.05 billion, and diluted earnings per share at $7.03.

In comparison, revenue in the second quarter of 2024 was $9.56 billion, net income was $2.15 billion, and diluted earnings per share were $4.88.

Netflix estimated full-year 2025 revenue to be between $43.5 billion and $44.5 billion, compared to $39.00 billion in 2024.