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Tag Archives: Net interest income

Bank Results Season: Citi Doubles Profits to $13.9 Bln in 2013

From Mike Corbat’s self propelled operational restructuring of the business, Mike’s achievements include in his own words, 15% increase in Operational Income, core loans were up by 7%, $2.4 B … Continue reading

January 16, 2014

Bank Results Season: Deposits back at $1.12 T, Profits below $1 on 11.5 B outstanding equity, waiting for Mortgages to explode (Bank of America Q1 2014) and hoping for no Regulation Z again!!!

CAVEAT: Visitors to the site , actually reading thru the analysis may find we are definitely avoiding groundbreaking predictions this season, especially the ones that say Wells Fargo has become … Continue reading

January 15, 2014 · 1 Comment

Bank Results Season: Bank of America finally exits the penny, quarter frame of mind! ($4 Bln Profits Q2 2013)

The Bank firstly returned over 80 MM equity shares to its Treasury buying back from investors and exiting $5 Bln in preference Capital even as the $4 Bln still spread … Continue reading

July 17, 2013

Bank Earnings Season: Bank of America tries to do the impossible with its Housing portfolio? (Q4 and Full Year 2012)

Though the bank managed the hit from settlements well enough and the expected decine in charge offs together with ready provisioning enabled the bank to avoid losses on the last … Continue reading

January 17, 2013

Bank Earnings Season: Goldman Sachs thumps in the majority opinion (Q4 and Full Year 2012)

Greg Smith’s ex employer offices in London got off to a wrong start trying to finagle tax-free bonuses and have since abandoned the plan leaving the HR team to explain … Continue reading

January 16, 2013

JP Morgan surprise press conference to report new $2 bln losses | Banking Insight

The JP Morgan Treasury / Chief Investment Office is purportedly carrying losses of up to $4.5 bln and the same would be disclosed in a press conference in detail in … Continue reading

May 10, 2012 · 4 Comments

Bank Results Season: Citi proves its worth to itself (Q1 2012)

Citigroup results of Jan to March 2012 relied on reduced Citi Holdings assets of $134 bln in the run off portfolio and the $4.74 bln revenues n Fixed Income about … Continue reading

April 17, 2012

China’s banks pull in claws: ICBC still head and shoulders above the rest in 2011

ICBC results a minute ago, would have beaten CCB profits by 38 bln yuan or nearly 23% and AgBank by 86 bln Yuan for a 2011 total of CnY 208 … Continue reading

March 29, 2012

Bank Results Season: Bank of America with more provisions for 2011 | Insider Insight

The bank has published results with new reserves of $15.6 bln on representation and warranties, $6.3 bln in litigation and another $7.3 bln in Legacy Assets servicing bringing Net Revenues … Continue reading

January 19, 2012 · 1 Comment

Bank Results Season: HSBC, the emerging markets emperor cuts staff again (30,000 jobs)

Adding 30,000 more to “The Jobs Cauldron” is business design Gulliver’s Travails claim 30,000 in planned cuts As predicted, Results announcement came with a clear rider of 30k out of … Continue reading

August 1, 2011 · 3 Comments

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