Bank stock earnings. Begin on Friday.
I would have to think that the banks are all doing very well. They are not paying consumers much interest on their savings accounts. Most bank money markets, unless you commit to more than 12 months or paying about .50 I think that their earnings will show well for the fourth quarter because of the 4% spread from what they’re paying to what they’re charging + + It’s definitely a move up for all financial markets.
What banks do you like or hold I have $Bank of America(BAC.US$ $Wells Fargo & Co(WFC.US$ $U.S. Bancorp(USB.US$ $Citigroup(C.US$ $JPMorgan(JPM.US$
What banks do you like or hold I have $Bank of America(BAC.US$ $Wells Fargo & Co(WFC.US$ $U.S. Bancorp(USB.US$ $Citigroup(C.US$ $JPMorgan(JPM.US$
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Jet Bomb : have you read anything about these banks? if you did you would realize that they are all gonna miss on earnings! then next quarter they will rely on interest rates... but you're smart you read that in the articles... right!?
Audiwin :