Bank of America Q3 2026 Earnings: A $1.2 Billion Charge Masks 8% NII Growth
BofA Q3 2026: $0.91 EPS fell 17% on a $1.2B AML settlement, but NII grew 8% and ex-charge EPS of $1.08 rose 4%.
Mike Thrift
Marketing Manager
Bill of Materials (BOM), Explained: Single-Level vs. Multilevel BOMs, Engineering vs. Manufacturing BOMs, and How an Accurate BOM Drives Costing, Purchasing, and Inventory Control
Your BOM sets your product cost, purchasing plan, and inventory relief — a stale one silently eats margin. Single-level vs. multilevel, EBOM vs. MBOM.
Capital One Q3 2026 Earnings: $5.61 EPS ($6.69 Adjusted) as the Discover Deal Starts Paying
Capital One Q3 2026: $5.61 EPS rose 16% ($6.69 adjusted) as NIM widened to 8.41% and Discover network interchange fees jumped 29%.
Chubb Q3 2026 Earnings: $7.66 Core EPS and an 84.1% Combined Ratio as Discipline Beats Growth
Chubb Q3 2026: $7.66 core EPS (+1%) on an 84.1% combined ratio and record $1.79B investment income, as North America Commercial shrank 2.7% by design.
Citigroup Q3 2026 Earnings: $2.85 EPS on the Best Q3 Revenue in a Decade
Citigroup Q3 2026: $2.85 EPS beat $2.66 on record Q3 revenue of $23.85B, but shares fell 5% on a $369M reserve build.
Depreciation Methods Compared: Straight-Line, Declining-Balance, Units-of-Production, and Sum-of-the-Years'-Digits
All four depreciation methods expense the same total — they differ only in timing. Compare formulas, salvage-value handling, and when each fits.
Dynamic Pricing, Explained: How Real-Time Price Changes Track Demand, Inventory, and Competitors
Dynamic pricing moves prices with demand, inventory, and competitors — set cost floors, price the market not the shopper, and reconcile every payout.
Employee Timesheet Template: What Every Timesheet Must Track, the FLSA Recordkeeping Rule, and Legal Rounding
The FLSA requires payroll records kept 3 years and permits quarter-hour rounding only when neutral — plus a free weekly timesheet template.
Encumbrance Accounting, Explained: How Purchase Orders Reserve Budget Before the Money Is Spent
An encumbrance reserves budget when a purchase order is issued, before any invoice arrives — the entry, liquidation, and year-end treatment explained.
Equifax FY2026 Q3 Earnings: $1.79 EPS Jumps 39% as AI Savings Offset a Mortgage-Driven Guide Cut
Equifax earned $1.79 EPS (+39%) on $1.69B Q3 revenue (+10%), then cut FY revenue guidance $84M on mortgage weakness while holding EPS at $8.50 via AI savings.
Equipment Lease vs. Buy: Monthly Payments, Section 179 Tax Breaks, Obsolescence Risk, and End-of-Term Options
Own equipment you will keep past five years and write it off with Section 179; lease fast-aging gear at fair market value and deduct each payment instead.
Fifth Third Q3 2026 Earnings: $0.90 GAAP, $1.13 Adjusted, and a Merger That Just Went Live
Fifth Third Q3 2026: $0.90 GAAP EPS was flat on 37% more shares while adjusted EPS hit $1.13 as the Comerica conversion completed.