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

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

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