all ticked higher on Wednesday as the bank's profits topped Wall Street's forecasts.
on the earnings call that "interest rate headwinds and deposit mix continue to challenge net interest revenue and asset management continues to be negatively impacted by prior-year outflows." U.S. Bancorp's net interest margin was 3.02% but chief financial officer Terrance Dolan said he thinks "its going to be a challenging year because of where interest rates are today versus where they were a year ago. I mean the long end of the curve 10-year I think is down 150, almost 150 basis points from where it was last year."
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:
How much of the number was made on accounting gymnastics such as stock buy backs?
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Stocks making the biggest moves premarket: Bank of America, Bank of NY Mellon, MGM Resorts & moreThese are the stocks posting the largest moves before the bell. Is the mythical Phase 1 of the China trade “deal” finalized and signed? I don’t believe promises to buy more soybeans. And I don’t buy realDonaldTrump bluster. Please report on the trade war with China.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »
Bank of America is set to report third-quarter earnings — here's what the Street expectsUnder Moynihan, the firm has steadily trimmed expenses while holding the line on or increasing revenue. This network suffers so badly from TDS, that now everything they report is potential FakeNews because they just can’t help themselves!
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »
Three before you leave — What to watch for Wednesday including Netflix, Bank of America earningsWe'll get earnings from Bank of America and Netflix, as well as retail sales on Wednesday
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »