The bank's Wealth Solutions division was a standout performer during the quarter, posting a 28% year-on-year increase in operating income.
The results come as the lender prepares to return fully to private ownership for the first time since its state rescue at the height of the financial crisis.
Block reported weaker-than-expected revenue for the first quarter.
Apple almost nailed it.
Earnings from PayPal and Block revealed diverging paths in peer-to-peer payments, with Venmo accelerating and Cash App losing steam.
The company has a history of providing an outlook and putting up results at the top end, or above, the range.
Amazon continues to invest in infrastructure to run artificial intelligence models from Anthropic and other clients.
Airbnb's results for the first quarter were mostly in line with estimates, but the company's forecast for the current period was weaker than expected.
Amazon is releasing its first earnings results since President Donald Trump announced sweeping new tariffs.
Block reported weaker-than-expected revenue for the first quarter.