English
Back
Download
Log in to access Online Inquiry
Back to the Top
As the Q4 earnings season kicks off, how will U.S. bank stocks perform?
Event Description
Ended
A new earnings season is about to begin, with U.S. bank stocks leading the way. Major banks including$JPMorgan (JPM.US)$, $Citigroup (C.US)$ Show More
A new earnings season is about to begin, with U.S. bank stocks leading the way. Major banks including$JPMorgan (JPM.US)$, $Citigroup (C.US)$, $Bank of America (BAC.US)$, and $Wells Fargo & Co (WFC.US)$ are releasing their quarterly earnings this Friday, January 12th.

According to data from FactSet, analysts expect a 2.4% profit growth for the S&P 500 index constituents in the fourth quarter, marking the second consecutive quarter of positive growth.

The market will focus on several aspects of bank stocks:
1) The impact of the rapid decline in interest rates on the financial sector during the fourth quarter;
2) Credit conditions;
3) The outlook for 2024.

🎤Discuss:
What are your expectations? Can the performance of U.S. bank stocks set a positive tone for the start of the earnings season?
Views
82K
Posts
59
Join event
Posts
Latest
Hot
Related Stocks
  • C
    Citigroup
    67.410
    -4.33%
  • JPM
    JPMorgan
    232.220
    -4.15%
  • BAC
    Bank of America
    39.830
    -3.79%
  • WFC
    Wells Fargo & Co
    66.780
    -6.01%
  • GS
    Goldman Sachs
    531.660
    -5.00%