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H&R Block, Inc. - HRB STOCK NEWS

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 is participating in the Startland News' Startup Crawl, showcasing over 50 startups and innovation-focused organizations. The event will have 800+ attendees and will feature local food, art, and music.
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Block Advisors by H&R Block releases data on small business owners, highlighting their youth, diversity, and motivations. Despite economic uncertainty, over 80% of small business owners report high confidence in day-to-day operations. Challenges in sourcing capital remain for BIPOC, women, and Gen Z owners. Revenue has grown for 40% of surveyed owners in the past three months. Small business owners face difficulties in tax preparation and securing loans.
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H&R Block has been recognized as a Champion of Business by the Kansas City Business Journal. The award is given to businesses that excel in financial performance, innovation, and community involvement. H&R Block supports over 2 million small business owners with tax preparation and has launched a mobile banking app called Spruce. The company has also committed to serving 1 million volunteer hours by 2025 through its community impact program. H&R Block was recently named to Fortune's list of America's Most Innovative Companies and Forbes' Best Employers for Diversity.
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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 $54.58 as of January 13, 2025.

What is the market cap of H&R Block (HRB)?

The market cap of H&R Block (HRB) is approximately 7.4B.

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

7.38B
135.45M
1.17%
95.04%
9.05%
Personal Services
Services-personal Services
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United States of America
KANSAS CITY