Between July 20 and 26, most financial services companies that reported earnings outperformed second-quarter analyst estimates for the second consecutive week.
Moelis & Co., an investment bank, topped earnings expectations by 41%, the largest "beat" among any financial services company last week.
In addition, four other financial companies — Blackstone Mortgage Trust Inc., Santander Consumer USA Holdings Inc., CoStar Group Inc. and CoreLogic Inc. — beat estimates by more than 20%.
Payment giants Visa Inc. and Mastercard Inc. surpassed analyst earnings estimates by 10% and 8%, respectively.
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Click here to view financial services earnings recap industry document.
Click here to view financial technology and payments earnings recap industry document.