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 filed a lawsuit against Block, Inc. to protect its trademarks following Block, Inc.'s rebranding from Square, Inc. The lawsuit aims to prevent consumer confusion as both companies operate in the financial services sector, including tax preparation. H&R Block argues that Block, Inc.'s actions undermine the brand equity and consumer trust it has built over 65 years. The complaint was submitted to the U.S. District Court for the Western District of Missouri and is essential for safeguarding H&R Block's reputation.
H&R Block (NYSE: HRB) released a report titled Insights on American Perseverance, highlighting resilience during the COVID-19 pandemic, informed by 12 million hours of conversations with clients. Key findings include a significant increase in small businesses, particularly among younger Americans, and a surge in stock market participation among Millennials and Gen Z, with a 4.5x and 2x rise respectively. The report also notes that 13% more teenagers and 20-somethings filed taxes independently to access stimulus payments. Consumer spending shifted toward necessities, with Amazon purchases soaring by 82% in 2020.
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H&R Block, Inc. (NYSE: HRB) announced a quarterly cash dividend of 27 cents per share, payable on January 3, 2022, to shareholders of record by December 6, 2021. This marks the continuation of its dividend payments since 1962. Since 2016, H&R Block has increased its dividend by 35% and has returned over $2 billion to shareholders through dividends and share repurchases. The company is recognized for its tax preparation services and small business solutions, ensuring clients achieve optimal outcomes at tax time.
H&R Block (NYSE: HRB) has secured a new five-year employment agreement with CEO Jeff Jones, extending his leadership until November 4, 2026. The Board of Directors highlights Jones' transformative impact on the company, particularly his role in modernizing tax services and expanding offerings for small businesses. Under his guidance, H&R Block achieved its best tax season in over a decade. The company is committed to driving growth through its Block Horizons 2025 strategy, focusing on innovation and community support.
H&R Block (NYSE: HRB) announced the appointment of four new vice presidents to support its growth strategy, Block Horizons 2025. John Thompson joins as Financial Services VP, overseeing product development, while Charlene Wilson and Kate O’Connor assume leadership roles in People and Culture for Global Consumer Tax and Strategy/Small Business, respectively. Erin Turley has been promoted to VP of International and Integrated Delivery, leading teams across Canada, Australia, and India. This executive reorganization aims to enhance service delivery and financial product offerings.
H&R Block (NYSE: HRB) reported its fiscal 2022 first quarter results for the period ending September 30, 2021. Total revenue fell by 54% to $193 million, attributed to reduced return volume following the previous year’s extended tax season. Operating expenses decreased by 12% to $367 million, mainly due to lower pro compensation. The company experienced a pretax loss of $197 million, with loss per share increasing to $0.84. H&R Block repurchased $166 million in shares, reflecting its commitment to shareholder value amidst challenges.
KANSAS CITY, Mo., Nov. 01, 2021 – H&R Block (NYSE: HRB) announced it will host virtual investor meetings at Northcoast Research’s 2021 Fall Management Forum on November 15, 2021. Interested participants should contact their Northcoast Research salesperson for meeting requests.
About H&R Block: H&R Block provides tax preparation, financial products, and small business solutions, blending digital innovation with human expertise. The company aims to help clients achieve optimal tax outcomes and manage money year-round.
H&R Block has partnered with the Urban League of Greater Kansas City to launch a small business program that provides micro-grants to Black-owned businesses. The initiative aims to support these businesses in overcoming challenges exacerbated by the pandemic. Five businesses are receiving grants to assist with specific operational needs. The program aligns with H&R Block's goal to assist 500,000 small business owners by 2025, focusing on improving financial management and enhancing business owners' confidence in securing financial capital.
H&R Block (NYSE: HRB) announces the recognition of Mia Mends and Sean Cohan as members of Savoy magazine’s 2021 Most Influential Black Corporate Directors list. Both joined the board in April 2021, contributing to key committees. Mends is the Global Chief Diversity & Inclusion Officer at Sodexo, while Cohan is Chief Growth Officer at Nielsen. The recognition highlights their leadership roles and potential impact on H&R Block's growth.