The Motley Fool Podcasts Industry Focus Financials: Fourth - Quarter
Big Bank Earnings: What You Need To Know
Big bank earnings may have looked nice as it pertained to the headline numbers, but when investors looked deeper they didn't like what they saw.
As the second week of
big bank earnings kicks off one technician warns the group could be on the verge of a collapse.
Not exact matches
As
earnings kick into full swing, Cramer needed to address the unexpected weakness in the
big bank stocks.
Despite the fact that Canada's
biggest banks have been on a remarkable
earnings run since mid-2013 profits in the future aren't expected to be nearly as spectacular.
DUBAI, May 3 - Gulf markets were trading mixed on Thursday, but some selective buying was seen in stocks on the back of strong
earnings, such as in Saudi Arabian Mining Co and Saudi Arabia's
biggest lender National Commercial
Bank.
Despite the weakness in CIBC results, it was the sixth
big bank to beat analysts» expectations on adjusted
earnings per share in the quarter.
Morgan Stanley wrapped up
earnings season for the
big U.S.
banks with a better - than - expected quarterly profit, driving modest gains in its shares.
The firm is the first of the
big banks to report in what is expected to be an unconventional
earnings cycle for the industry.
Even his preferred option would result in retail
banking earnings growth at the
Big Six to slow to 3.2 % over the next two years, compared to 8.4 % over the past two, he says.
Financial stocks are in focus as the first of the
big banks get ready to release
earnings, and options traders are implying volatile moves.
It's make - or - break time for the
big banks this week as JPMorgan, Citigroup and Wells Fargo gear up for
earnings Friday.
Friday marks the unofficial start of
earnings season, with
big banks J.P. Morgan, Wells Fargo and PNC Financial reporting their quarterly numbers.
It's make - or - break time for the
big banks this week as JPMorgan, Citigroup and Wells Fargo gear up for
earnings Friday morning.
Having said all this, it's important to bear in mind that the
big bank stocks have the habit of declining when they report
earnings, and this is another reason why I'll be watching them so closely this week.
The «Fast Money Halftime Report» traders discuss the volatility in the market after
big banks report beating
earnings estimates.
Analysts at
big banks are touting a
big surge in
earnings that started in 2016.
Big banks shares overall were taking a hit before the bell as traders were disappointed as well in
earnings from JPMorgan Chase and Citigroup.
And the four
big banks are trading at even lower valuations of between 6 and 7.5 times
earnings.
«Every penny counts, but if we step back and I'm looking at
earnings of $ 6.60 per share this year, 2 cents is an easy concession if the president - elect listens to some of the company's
bigger concerns,» said Howard Rubel, a senior equity analyst with Jefferies, an investment
banking firm in New York.
Banco Santander posted stronger - than - expected first quarter
earnings Wednesday as solid growth in Brazil boosted the bottom line of Europe's
biggest bank.
Kayla Tausche tells us what investors will be looking for when the
big banks post their
earnings this week.
The finance sector on Friday launched the first - quarter 2012
earnings season with unexpectedly good results from some of the nation's
big banks, as JPMorgan Chase reported better - than - expected
earnings per share, and Wells Fargo posted a 13 % rise in net income.
Bank of America's quarterly profit more than doubled from the same period last year, when
earnings were hit by
big legal...
NEW YORK (Reuters)- When Wall Street's
biggest banks report first - quarter
earnings in the days ahead, investors should see a welcome resurgence in trading revenue growth thanks to the
biggest jump in market volatility since President Donald Trump's election.
NEW YORK, April 11 When Wall Street's
biggest banks report first - quarter
earnings in the days ahead, investors should see a welcome resurgence in trading revenue growth thanks to the
biggest jump in market volatility since President Donald Trump's election.
Oil - related
earnings will likely rebound faster than metals over the next few years as
banks focus on building revenues in the oil derivatives market, which is historically a much
bigger business than metals derivatives, Shahani said.
JPMorgan Chase (JPM) kicked off
earnings season for the
big banks, setting a positive tone for the rest of the financials.
RBC, the best performer of the
big Canadian
banks, announced Q2
earnings up 26 % as takeovers lifted their
earnings.
Bank earnings would be crucial to watch since financials are expected to be one of the
biggest contributors to
earnings growth.
Looking at the
big picture for all US
banks, commodities trading for customers has not be a strong contributor to total
earnings since the implementation of the Volcker Rule in 2012.
Four of the country's
biggest banks posted strong
earnings for last year's final quarter, with Canadian Imperial
Bank of Commerce (CIBC) posting net - income growth of 20 percent and Toronto - Dominion
Bank (TD
Bank) 25 percent.
Many small businesses — especially fledglings — do not have «hard data» on
earnings and credit scores to compete for loans at
big, nonlocal
banks, researchers noted.
The
big banks recently came out with their
earnings and they all seemed pretty good, even TD didn't seem to be affected by the negativity surrounding their sales practices.
Canada's
big five
banks will likely report record
earnings in 2014, as low interest rates keep fueling loan demand.
Big banks in particular are expected to report
earnings well over 20 % higher than a year ago, due to both rising interest rates and tax cuts.
The trend reflects the sentiments of executives of Canada's
Big Six
banks, who commented on a cooling mortgage market in recent weeks after reporting
earnings results for the first quarter.
With profit growth like that, it's no wonder many
big banks are boasting low payout ratios (the percentage of
earnings headed out the door as dividends) these days, like JPMorgan Chase & Co. (JPM), whose ratio (orange line below) sits at an ultra-safe 36.8 % as I write, even as management has cranked up the dividend by 40 % in just the past 4 years (blue line):
Funding: More than one executive told us they spend a lot of time thinking about funding; one CEO suggested his
bank's
biggest earnings risk was on the deposit - side (i.e., that funding costs rise faster than asset yields)
Fed: Credit card
banking remains highly profitable —
Big card - issuing
banks get triple the
earnings, annual Fed profitability report says... (See Profitable)
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