"Anticipating Bank Earnings Amid Economic Uncertainty"

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Source: Investor's Business Daily
"Anticipating Bank Earnings Amid Economic Uncertainty"
Photo: Investor's Business Daily
TL;DR Summary

Major banks like JPMorgan Chase, Wells Fargo, and Citigroup are set to report their quarterly earnings, with analysts forecasting mixed results for net interest income and earnings growth. Bank stocks have been trading tight as investors await the earnings reports, with UBS raising price targets for the reporting banks and Seaport Research noting improving trends across investment banking, asset management, and deposits. Meanwhile, regulators are probing BlackRock, State Street, and Vanguard over their influence on U.S. banks, and BlackRock's Larry Fink faces a proxy vote to split his chairman and CEO roles.

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