$First Republic Bank (FRC.US)$ Those who dare to go in are b...
$First Republic Bank (FRC.US)$ Those who dare to go in are bold and fearless., I quietly watch.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
70233118 : Why is that? Do you think this bank will go out of business? Or will the US banking system collapse?
路漫漫 : Don't copy when you're scouting the bottom; aren't you just looking for shortsightedness when you go in now?
fire bull l OP 70233118 : Wrong, I don't think he's going to crash. What you can see is that the company's earnings will shrink drastically. Increased risk. It will be common for companies of this type to go out of business in the next few years
清风明月 70233118 : Bankruptcy and sales at a loss should not come as a result. After all, the US government will cover the bottom; it's just that it's hard to get this ticket
fire bull l OP 清风明月 : Indeed, the main thing is profitability
70233118 fire bull l OP : I agree that earnings will shrink, but going out of business is not necessarily the case. Why are there so many small and medium-sized banks in the US, instead of all borrowers or depositors going to the big 4 banks? The big 4 banks have huge restrictions on certain businesses, and they also pay little interest on deposits, which is why there are so many small and medium-sized banks. As long as the FDIC pays back 250,000 insured amounts, and when the crisis of confidence passes, small and medium-sized banks will still have deposits to come in and survive, but earnings will only be discounted