Welcome to our dedicated page for Block (H.&R.) news (Ticker: HRB), a resource for investors and traders seeking the latest updates and insights on Block (H.&R.) stock.
H&R Block, Inc. (NYSE: HRB) generates a steady stream of news related to its global tax preparation services, financial products, and small-business solutions. This HRB news page on Stock Titan aggregates company press releases and third-party coverage so readers can follow how H&R Block evolves its offerings, communicates with shareholders, and manages leadership transitions.
Recent news highlights include updates on the company’s digital tax ecosystem, such as the inclusion of Tax Pro Review at no additional cost for new clients using paid DIY online tax products for a limited period. H&R Block has also announced tools like AI Tax Assist, Unlimited Expert Help, and tax calculators, reflecting its focus on combining digital experiences with human tax professional support.
Investors and customers can track announcements about financial products tied to the Emerald Card, Spruce mobile banking, and Emerald Advance loans, as well as initiatives like the Saving Surge Sweepstakes that encourage better saving habits through Spruce. Coverage also includes small-business-focused programs, such as Block Advisors’ Fund Her Future grant program for women-owned small businesses, which provides grants and access to Block Advisors services.
From an investor perspective, HRB news includes quarterly and annual earnings releases, capital allocation updates on dividends and share repurchases, and information on debt offerings through Block Financial LLC. Governance and leadership developments—such as CEO succession plans, new senior technology and operations leaders, and board-related announcements—are also common topics.
By reviewing the HRB news feed, readers can see how H&R Block communicates its strategy around tax seasonality, digital innovation, small-business services, and financial tools like Spruce, all of which shape the company’s profile in the tax preparation and financial services landscape.
H&R Block (NYSE: HRB) has announced the promotion of Paul Clark to Vice President of Technology, overseeing cloud migration and IT infrastructure. Clark, who has been with the company for five years, has significantly contributed to its digital transformation strategy, leading initiatives that enhance agility and cost efficiency. His key achievements include the development of an automated infrastructure and a Cloud FinOps platform. H&R Block continues to focus on innovation in tax preparation services, financial products, and solutions for small businesses.
H&R Block (NYSE: HRB) has launched the A Fair Shot program to support female college athletes by providing sponsorship funds and tax assistance, addressing the disparities in NIL sponsorship deals between men and women. The initiative features partnerships with top athletes like Caitlin Clark and Zia Cooke to promote equity in sports. H&R Block aims to ensure these athletes receive fair compensation while aiding them in navigating tax implications from their new incomes. This program highlights the company's commitment to enhancing visibility and opportunities for women in college athletics.
H&R Block's Block Advisors conducted a study revealing that small businesses are facing significant challenges as they recover from pandemic impacts. Key challenges include inflation/rising costs (78%), expense reduction (55%), and supply chain disruptions (54%). Despite these difficulties, 59% of small business owners express pride in their resilience, with 70% believing their operations will not cease in 2022. Block Advisors supports over 2 million small businesses with tax, bookkeeping, and payroll services, highlighting the importance of utilizing available resources for success.
H&R Block (NYSE: HRB) will hold virtual investor meetings at the Jefferies Business Services Summit on March 24, 2022. Interested participants should contact their Jefferies salesperson to request a meeting. This event provides a platform for management to discuss company strategies, performance, and future prospects with investors.
H&R Block offers tax preparation services, financial products, and small-business solutions through innovative platforms and technology.
The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine recently recognized Alphabet Inc. (GOOGL) as its "Stock to Study" and H&R Block Inc. (HRB) as its "Undervalued Stock" for May 2022. The announcement emphasizes the importance of regular investing regardless of market conditions, as highlighted by NAIC's CEO Ken Zendel. BetterInvesting aims to empower investors through education and tools. The selections are intended for informational use only and do not constitute investment recommendations.
H&R Block (NYSE: HRB) announced the promotion of Kate Haynes to Vice President, Corporate Secretary, and Chief Ethics Officer. Haynes, with over six years at the company, will oversee legal support for securities reporting, corporate governance, executive compensation, and compliance matters. Her recent achievements include leading the company's first virtual shareholder meeting and supporting public debt offerings. CEO Jeff Jones highlighted her contributions to the company's transformation journey.
H&R Block (NYSE: HRB) has committed $1 million to support female college athletes in the first tax season since NCAA NIL regulations. This initiative targets the equity gap in sponsorships, as women athletes typically receive less support than their male counterparts. The company will also assist with tax preparation for these athletes, including partnerships with notable players like Caitlin Clark and Zia Cooke. H&R Block aims to raise awareness about gender disparities in college sports through its 'A Fair Shot' program.
H&R Block (NYSE: HRB) announces that taxpayers can receive their federal tax refunds up to five days earlier when deposited directly to their Spruce spending account. A survey reveals that 73% of financially struggling individuals plan to save their refund, yet only 44% succeed, often due to unexpected expenses. Spruce aims to help users be intentional with their finances, promoting savings for specific goals. The mobile banking platform includes features for better money management, further enhancing customer financial empowerment.
H&R Block and MX have launched the Spruce mobile banking platform aimed at increasing financial inclusion. The platform enhances consumer experience by providing insights into spending habits and financial management. With the support of MetaBank, Spruce offers transparency in managing money and reaching financial goals. Over 30% of Americans would struggle to cover an unexpected $400 expense, demonstrating the need for better financial tools. This partnership aims to empower users in their financial journeys.
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