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 it will release its fiscal 2025 second quarter results on Tuesday, February 4, 2025, after the New York Stock Exchange market close. The company will hold a conference call at 4:30 p.m. Eastern time on the same day to discuss the quarterly results, outlook, and provide a general business update.
The conference call will be accessible to analysts, institutional investors, and shareholders through registration. A webcast will also be available in listen-only format for media and public, with replay access available for 90 days after the call.
H&R Block (NYSE: HRB) announces key updates for the 2025 tax season, with e-file opening on January 27. The company highlights significant changes including the lowered 1099-K reporting threshold from $20,000 to $5,000, increased Child Tax Credit to $1,700, and new requirements for Clean Vehicle Tax Credits.
The company offers multiple filing options including assisted filing with 60,000 tax professionals across 9,000 offices, DIY online tools with AI Tax Assist, and downloadable software. New features include free Second Look® tax review for up to three years of prior returns, and a -time Price Match offer up to 50% off for new clients.
H&R Block's DIY options include free federal filing for simple returns, which served about 3.5 million clients in 2024. Premium services include unlimited expert help at no extra charge, with tax professionals available extended hours during tax season starting January 20.
H&R Block (NYSE: HRB) has announced the return of its Refund Advance loan program for the 2025 tax season, offering qualifying taxpayers no-interest loans of up to $4,000 between January 3 and February 28, 2025. The loans, issued by Pathward®, N.A, are available in amounts of $250, $500, $750, $1,250, or $4,000, featuring no interest and no loan fees.
Key features include same-day fund availability, no credit score impact, high approval rates, and automatic repayment from tax refunds. Approved funds can be deposited into a Spruce account or loaded onto an Emerald Card®. The program is accessible through H&R Block's 60,000 tax professionals nationwide during virtual or in-office appointments.
H&R Block's 2024 Outlook on American Life report reveals a complex financial landscape where 66% of Americans feel optimistic about income growth and financial stability, while simultaneously facing significant debt challenges. The report highlights that nearly 1 in 2 Americans holds credit card debt, with Gen X carrying the highest burden at 55%, followed by Millennials (49%), Boomers (47%), and Gen Z (39%).
Despite financial pressures, holiday spending has increased, with higher-than-expected Black Friday and Cyber Monday sales. Notably, one-third of respondents reported spending more than they earned in the last 12 months, and 1 in 5 Americans couldn't cover household expenses for a week without income. The study also found that 1 in 6 Americans hold student debt, with over a third reporting unmanageable debt levels.
H&R Block (NYSE: HRB) has promoted George Agurkis to Vice President of Government Relations. In his new role, Agurkis will lead the government relations team and oversee the company's legislative, regulatory, and policy initiatives across state, federal, and local levels.
During his three-year tenure at H&R Block, Agurkis has made significant contributions, particularly in advancing enhanced identity verification standards and real-time data sharing to combat fraud. Prior to joining H&R Block, he served as Senior Director of Advocacy at the Credit Union National Association and spent ten years with the U.S. House of Representatives Committee on Rules in various leadership positions.
H&R Block's 2024 Outlook on American Life report reveals positive economic trends across generations. Based on analysis of 11.4 million tax returns and surveys of 7,852 Americans, the report shows that 66% of Americans feel optimistic about their financial future. 71% of Gen Z, 62% of Millennials, 56% of Gen X, and 51% of Boomers are earning income above inflation rates. Gen Z experienced a notable 30% earnings increase in 2023. However, debt remains a significant concern, with up to two-thirds of credit card holders reporting unmanageable debt levels. The report also highlights increasing trends in DINK households and investment participation, with 32% of tax filers reporting investment income in 2023.
H&R Block (NYSE: HRB) reported its fiscal 2025 first-quarter results, revealing a 5% revenue increase to $193.8 million, driven by higher company office volumes and increased charges in the Assisted category. The company repurchased $210 million in shares and reaffirmed its full-year outlook. Despite the revenue growth, operating expenses rose to $422.1 million, leading to a pretax loss of $232.3 million and an increased loss per share from continuing operations to $(1.23). H&R Block continues its share repurchase program with $1.3 billion remaining and has consistently paid quarterly dividends since 1962. The company expects full-year revenue between $3.69 to $3.75 billion, EBITDA of $975 million to $1.02 billion, and adjusted diluted EPS of $5.15 to $5.35.
H&R Block (NYSE: HRB) has declared a quarterly cash dividend of $0.375 per share, payable on January 6, 2025, to shareholders of record as of December 5, 2024. The company has maintained an unbroken streak of quarterly dividend payments for over 60 years since going public in 1962. Notably, H&R Block has increased its dividend by 88% since 2016 and has returned more than $3.9 billion to shareholders through dividends and share repurchases.
H&R Block (NYSE: HRB) announced its participation in the upcoming Northcoast Research 2024 Management Fall Forum. CEO Jeff Jones and CFO Tiffany Mason will conduct virtual investor meetings on Tuesday, November 12, 2024. Interested investors can arrange meetings through their Northcoast Research sales representatives.
H&R Block's Spruce has expanded its partnership with Atomic, becoming the first to implement Atomic's new PayLink Switch solution. This integration, combined with Atomic's existing Deposit solution, aims to streamline money management by simplifying direct deposits and payment switching for Spruce users. The partnership enhancement aligns with Spruce's mission to help consumers improve their financial well-being by consolidating various financial management aspects in one place.