Analysts cautious on big bank earnings amid recessionary headwinds

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

At least two analysts have revised their earnings expectations for the fourth quarter

CANADIAN BANK BUILDINGS ON BAY STREET.recession, pointing to volatile markets, the need to set more money aside for bad loans and and increasing funding costs among other headwinds.

“The biggest drivers are lower capital markets revenue, less wealth management revenue and higher operating expenses,” Holden wrote in a Nov. 18 note, adding that the two dominant themes for the quarter would be net interest margin expansions and higher credit provisioning. “Overall, our adjusted estimates imply earnings will be down two per cent and on average.”

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 47. in CO
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Analysts cautious on big bank earnings amid recessionary headwindsA combination of factors are working against Canada\u0027s major lenders. Find out more.
Fuente: financialpost - 🏆 7. / 85 Leer más »