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Tag: Q42021

Temenos’ SaaS-related revenue shoots up 32% YoY to $35M

Core banking provider Temenos reported a 32% year-over-year increase in revenues related to their software as a service (SaaS) offering. While earnings per share declined to $1.07, an 11% decrease YoY, key indicators overall were strong for the Swiss software giant. Total revenues climbed 8% YoY to $153 million. The company counted 19 new client […]

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Bank of America sees 79% YoY growth, credits digital channels

Bank of America largely credits digital banking, sales and services for its $31.9 billion in net income for 2021, a 79% year-over-year increase. "The best way to highlight the drivers behind the earnings success is to look at the momentum and client activity across the businesses," Chief Executive Officer Brian Moynihan said during Wednesday's fourth-quarter […]

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