Welcome to our dedicated page for H&R Block news (Ticker: HRB), a resource for investors and traders seeking the latest updates and insights on H&R Block stock.
H&R Block, Inc. (NYSE: HRB) stands as the world's largest tax services provider, having prepared over 650 million tax returns since its inception in 1955. Catering to a diverse clientele, H&R Block operates approximately 12,000 company-owned and franchise retail locations across all 50 U.S. states, Puerto Rico, and other U.S. territories. The company also has a presence in Canada, Australia, India, and on U.S. military bases worldwide. An H&R Block retail office is located within five miles of most Americans.
In the fiscal year 2015, H&R Block reported revenues exceeding $3.1 billion, preparing 24.2 million tax returns globally. The company’s services extend beyond retail locations, including digital tax solutions that have been aiding do-it-yourself clients for over 15 years. In FY 2015 alone, 6.9 million tax returns were completed through H&R Block's digital solutions. Employing around 9,000 bilingual tax professionals, H&R Block provides expert assistance in multiple languages.
Recent Achievements and Projects:
- AI Tax Assist: In December 2023, H&R Block introduced the H&R Block AI Tax Assist, a generative AI experience designed to streamline the tax preparation process. This innovation combines the company's extensive tax expertise with artificial intelligence to provide real-time, reliable assistance, ensuring accuracy and maximum refunds for individuals, the self-employed, and small business owners.
- Fiscal Updates: H&R Block will report its fiscal 2024 second quarter results on February 6, 2024. This will be followed by a conference call for stakeholders to discuss results and the company’s outlook.
- Leadership and Growth: Curtis Campbell, a seasoned executive with vast experience in the tax, fintech, and software industries, joined H&R Block to drive innovation and growth, especially in the consumer tax business.
- Direct Import Feature: To simplify the tax filing process, H&R Block launched the Direct Import feature, enabling users to seamlessly import prior year tax return data from TurboTax into H&R Block's online products.
- Minecraft Competitive League (MCL): H&R Block launched a unique Minecraft experience to engage young adult gamers, integrating custom versions of the game with a branded character, Sir Block, and offering in-game skins and avatars.
Beyond tax preparation, H&R Block provides financial products and small-business solutions through Block Advisors and Wave. These services include bookkeeping, payroll, advisory, and payment processing solutions, helping small-business owners thrive year-round. Additionally, H&R Block’s mobile banking app, Spruce, enhances its clients’ financial well-being.
For more detailed information, visit the company's official website at HRBlock.com.
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H&R Block introduces Direct Import, a fast and secure way to simplify tax preparation for individuals switching from TurboTax to H&R Block DIY. The innovative integration pulls in up to 150 data fields from the prior year's tax return, saving significant time and effort for tax filers. Direct Import is available across all H&R Block's DIY online tax filing options at no extra cost.
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H&R Block (HRB) appoints Curtis Campbell as President, Global Consumer Tax and Chief Product Officer. Campbell's extensive experience in tax, fintech, software, hardware, and cloud industries positions him to drive growth and profitability for the consumer tax business in the U.S., Canada, and Australia. He brings a depth of knowledge and experience from executive roles at Capital One, Intuit, Amazon Web Services, and TaxAct, where he led the company through a dramatic transformation and double-digit revenue growth. Campbell's strategic leadership will focus on delivering customer-centric strategies, exceptional client and tax professional outcomes, and strong financial performance for H&R Block's global consumer business.
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H&R Block, Inc. (NYSE: HRB) will report fiscal 2024 second quarter results on February 6, 2024, after the New York Stock Exchange market close. The company will hold a conference call to discuss the results, outlook, and general business update. Participants can join the live webcast and access the presentation on the company's investor relations website.
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H&R Block (NYSE: HRB) launches Beneficial Ownership Information Reporting service by Block Advisors to help small business owners comply with new U.S. Treasury Department requirements, aiming to avoid penalties. The service includes a quiz to determine if the business is required to report beneficial owners and offers options for one-time reporting or an annual compliance subscription.
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H&R Block (HRB) launches integrated brand campaign 'It's Better With Block' to highlight flexible filing options, transparent pricing, and expertise of 60,000 tax professionals. The campaign aims to showcase the reasons to file with H&R Block and join the 5 million tax filers who switched last year.
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H&R Block (NYSE: HRB) introduces H&R Block AI Tax Assist, leveraging nearly 70 years of tax expertise with AI technology to streamline tax preparation for individuals, self-employed, and small business owners. The technology combines H&R Block's expertise and AI efficiency to provide real-time, reliable tax filing assistance.
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H&R Block (NYSE: HRB) Reveals 2023 Featured Franchisees of the Year and Elite 25 at Frontline Forum
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HRB: H&R Block Launches New and Improved Emerald Advance Loan Offering Up to $1,300 Same Day Approval. No Monthly Payments Until March 31, 2024
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HRB: H&R Block Releases Fiscal 2024 First Quarter Financial Results, Reaffirms Outlook, and Capital Allocation; Revenue up 2% to $183.8M, Repurchased $132.0M of Shares
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H&R Block, Inc. announced a quarterly cash dividend of $0.32 cents per share, payable on January 4, 2024. The company has paid dividends consecutively for over sixty years and has grown the dividend over 60% since 2016. H&R Block has returned over $3.5 billion to shareholders through dividends and share repurchases.
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FAQ
What is the current stock price of H&R Block (HRB)?
The current stock price of H&R Block (HRB) is $58.3 as of November 22, 2024.
What is the market cap of H&R Block (HRB)?
The market cap of H&R Block (HRB) is approximately 8.1B.
What services does H&R Block provide?
H&R Block offers income tax return preparation services, digital do-it-yourself tax solutions, financial products, and small-business solutions.
How many locations does H&R Block have?
H&R Block operates approximately 12,000 company-owned and franchise retail locations worldwide.
What is H&R Block's AI Tax Assist?
AI Tax Assist is a generative AI experience that streamlines the tax preparation process, combining H&R Block's tax expertise with artificial intelligence.
When will H&R Block report its fiscal 2024 second quarter results?
H&R Block will report its fiscal 2024 second quarter results on February 6, 2024.
Who is Curtis Campbell?
Curtis Campbell is the President of Global Consumer Tax at H&R Block, leading the company’s consumer tax business and driving innovation.
What is the Direct Import feature?
Direct Import allows users to import prior year tax return data from TurboTax into H&R Block's online tax filing products.
What is the Minecraft Competitive League (MCL) by H&R Block?
The MCL is a unique Minecraft experience launched by H&R Block to engage young adult gamers with custom maps, models, and in-game skins.
How long has H&R Block been providing digital tax solutions?
H&R Block has been serving do-it-yourself clients with digital tax solutions for more than 15 years.
How can I access H&R Block’s tax services?
You can visit any of H&R Block’s retail locations, use their online tax software, or explore their mobile banking app, Spruce.
What is the significance of H&R Block’s mobile banking app, Spruce?
Spruce helps users manage their money better by offering financial products and services directly through the app.
H&R Block, Inc.
NYSE:HRB
HRB Rankings
HRB Stock Data
8.14B
135.45M
1.17%
95.29%
7.44%
Personal Services
Services-personal Services
United States of America
KANSAS CITY