Newsfeeds Archive - Spark Newswire

2 minute read

Goldman Sachs, JPMorgan, And Wells Fargo Lead Bank Stocks Surge As Investors Bet On Soft Landing

June 3, 12:18 PM

Bank stocks have had a successful year with potential for more growth if economic stability is maintained. BofA predicts positive sector performance in US elections and potential regulatory changes.

4 minute read

FDIC Quarterly Banking Profile First Quarter 2024; Banking Industry’s Net Income Of $64.2B In Q1, An Increase Of 79.5% From The Prior Quarter

By Benzinga Newsdesk

May 29, 10:07 AM

https://www.fdic.gov/news/speeches/fdic-quarterly-banking-profile-first-quarter-2024 Good morning and welcome to our release of first quarter 2024 performance results for FDIC-insured institutions. The banking

KBE

1 minute read

Trading Ideas

Fitch Says U.S. Banks’ Lower Expense Growth To Mitigate Margin Pressure In 2024

By Benzinga Newsdesk

February 13, 3:54 PM

https://www.fitchratings.com/research/banks/us-banks-lower-expense-growth-to-mitigate-margin-pressure-in-2024-13-02-2024#:~:text=In%20addition%20to%20possible%20higher,by%20industry%2Dwide%20job%20cuts https://www.fitchratings.com/research/banks/us-banks-lower-expense-growth-to-mitigate-margin-pressure-in-2024-13-02-2024#:~:text=In%20addition%20to%20possible%20higher,by%20industry%2Dwide%20job%20cuts

KBE

2 minute read

Bank Of America Predicts 10 2024 Market Surprises: From Booming IPOs To Japanese Equity Surge

By Piero Cingari

January 9, 3:46 PM

Bank of America lists 10 market surprises; warns investors to be wary of the bond market's dovish position compared to the Fed.

AAPL

3 minute read

Bank Earnings Preview: Cautious Outlook As JPMorgan, Citigroup, BofA And Wells Fargo Report On Friday

By Neil Dennis

January 9, 9:54 AM

The four major US banks are expected to beat or match market forecasts in Q4 earnings, but challenges remain in 2024 due to global economy, tech adoption and more.

BAC

2 minute read

KBRA Releases Q3 2023 U.S. Bank Compendium And 2024 Outlook; Remains Confident That The Vast Majority Of Rated Names Will Perform Adequately In This Uncertain Economic Environment With Their Ratings Unchanged

By Benzinga Newsdesk

November 20, 11:09 AM

KBRA releases its third-quarter 2023 U.S. Bank Compendium and 2024 Outlook, providing the latest view of the U.S. banking industry and analysis of 3Q23 results for U.S. banks with KBRA long-term ratings.KBRA's Outlook

KBE

2 minute read

US Banks Are Struggling With $650 Billion In Unrealized Losses On Bond Holdings — Here’s How They Can Get Out

By Bibhu Pattnaik

November 12, 10:46 AM

American banks are grappling with a staggering $650 billion in unrealized losses on their bond investments — but there could be a way out.

FRC

2 minute read

Bank Stocks Hit Historic 80-Year Low Vs. S&P 500: Analyst Sees Bear Market Bounce As Fed Rates Peak

By Piero Cingari

November 6, 1:03 PM

U.S. banking stocks face challenges, but analysts believe a bear market bounce is possible if two conditions are met.

2 minute read

‘U.S. Fed Set To Revise Debit Card Fee Caps Pitting Banks Against Retailers’ – Reuters

By Benzinga Newsdesk

October 25, 12:43 PM

https://www.reuters.com/markets/us/us-fed-set-revise-debit-card-fee-caps-pitting-banks-against-retailers-2023-10-25/The U.S. Federal Reserve is expected on Wednesday to propose an official review of the fees banks can

KBE

3 minute read

‘New Federal Data Shows Record Number Of Banks Working With Marijuana Businesses As Senate Schedules Vote On Reform Bill’ – Marijuana Moment

By Benzinga Newsdesk

September 18, 8:55 AM

https://www.marijuanamoment.net/new-federal-data-shows-record-number-of-banks-working-with-marijuana-businesses-as-senate-schedules-vote-on-reform-bill/ As senators prepare to advance a marijuana banking reform bill

ACB