Bank Earnings Season 3Q2016: Wells fargo , head hung in shame
The bank leads with reports of Executive settlements and changes in the senior management already splashed in headlines all week. It is otherwise stuck at $1 EPS and $22 Billion … Continue reading
Bank Earnings Season 3Q2016: Citi stuck at $1.24 per share earnings
That’s a pretty good number, given that the bank is still selling off pieces in Latin America and the North American mortgage business is slow. However, more after the JPM … Continue reading
Bank Earnings Season 3Q2016: JP Morgan breathes as Legal expenses done, Tier I Capital still 12%
While the final target of 12% RoE is still a distance to go, the Bank has recovered its EPS levels of $1.60 this quarter (1.58) Efficiency ratios are down at … Continue reading
2015 Bank Earnings Season: Goldman Sachs survives a $1.5 Bln cut in profit
The year was obviously made stupendous by the firm’s sterling domination of the M&A advisory business worldwide. The firm entered as advisor for more than $1 Trillion of M&A. Add … Continue reading
2015 Bank Earnings Season: Wells Fargo remains slow and steady like a donkey in the spring!
These numbers hardly ever change for Wells Fargo across quarters, across years and across crises. $21 Bln in revenues:2 1.6, instead of 21.8, $1 in EPS , $1.03 from $1,02 … Continue reading
2015 Bank Earnings Season: Citi takes its place among the deserving again!
Cit scored a big $1.06 per share in Q4 EPS without the legal baggage of last year and outscored Wells Fargo for starters returning to our choice pedestal as example … Continue reading
2015 Bank Earnings Season: JP Morgan comes out tops at $1.32 for Q4
Anything above $1.30 is creditable for the behemoth in a slow 4th quarter and the bank kept its promise though Citi is expected to slink to the bottom of the … Continue reading
Bank Earnings Season 3Q2015: Wells Fargo stays strong on Return on Assets
Earnings per share at Wells Fargo was $1.05 per share 2 cents higher than in the June quarter, buybacks reducing outstanding shares and Earnings and revenues stable at $5.8 billion and … Continue reading
BofA is not there yet!
BofA’s travails are continuing to keep it in everyone’s bad books after surfacing out of discounted book value price and reported a hefty 37 cents this morning, $17 billion in … Continue reading
Bank Earnings Season 3Q2015: JP Morgan’s hurrah! muted in after hours announcement
This quarter’ expectations from banks are supposedly in the nature of a subdued hum of “This too shall pass” from the buoyant fightback mid crisis all these years since the August … Continue reading
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