The Banking and Strategy Initiative

Chillin' out till it needs to be funded

Bank Earnings Season 2Q2015: Wells Fargo, what did you expect another $1.0x in earnings

The bank lags in RoE from JP Morgan at 12.7% and the Return on assets is best in class at 1.33% even as REvenues actually moved a point this quarter over last year

Core loans again increased 6.8% , 9% including a $11 Bln transaction with GE, net charge offs already in control at 0.30% Diluted equity base did not stop the bank from declaring dividends of 37.5 cents. The Chase Wells Fargo battle continues at least in West Coast minds


This entry was posted on July 14, 2015 by in Uncategorized.


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