HomeMarketsEarningsBreaking Down Big Bank Earnings

Breaking Down Big Bank Earnings

Octavio Marenzi walks through the bank earnings, noting strength in investment banking making up for weakness in other areas. He notes that default rates remain low, meaning banks don’t have to set aside as much for credit losses. He looks individually at JPMorgan Chase (JPM) and Goldman Sachs (GS), but thinks that a “rising tide will lift all boats” in the sector.

The Watch List

15 Jan 2025

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