【Stock Prediction】Guess which bank is a big winner this week ?

Tiger_Earnings
2022-10-10
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Click to vote. Guess which bank is a big winner this week ? If you get correct answers, you can get 20 Tiger Coins. In addition, you have the chance of winning 100 Tiger Coins.Third-quarter earnings season kicks off this week with the major US investment banks set to report and provide their outlooks on the economy heading into the end of the year.$Citigroup(C)$, $Wells Fargo(WFC)$, $Morgan Stanley(MS)$ and $JPMorgan Chase(JPM)$When analyzing bank earnings, it is important to remember that banks make money in three ways: net interest margin, trading, and fees from services such as investment banking and asset management.

Currently, the rising interest rate environment could help some banks increase their net interest margin, since they are now charging more for any new loans and credit products they are approving. In addition, non-performing loans (NPLs) are increasing at the same time, as borrowers are unable to repay their outstanding credit as interest rates increase.

In the current market environment, for the banking industry, and fees areas, especially investment banking and asset management component is the most vulnerable. Banks like Morgan Stanley and Goldman Sachs, whose revenues overwhelmingly rely on trading revenues and investment banking and asset management fees are likely take a hit.

The calendar below shows the six US banks that report results in the period.

Can you predict which bank will be the big winner this week?

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  • The deadline for this event is 21:00 on Friday, October 14th.

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    • Can you predict which bank will be the big winner this week?(Maximum1 votes)
    • Citigroup(51 votes)
    • Wells Fargo(19 votes)
    • Morgan Stanley(16 votes)
    • JPMorgan Chase(61 votes)
    Q2 Earning Season
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    Comments

    • Fenger1188
      2022-10-11
      Fenger1188
      Win 100 Tiger-coins
      感谢 @Tiger_Earnings 精彩分享👍🏻👍🏻我会投给$花旗(C)$笼罩在高通胀和经济衰退担忧的阴霾下😓美联储不惧股市大跌，强硬加息。利率提高了，存款利率的上涨存款的人就会增加，不过投资的人减少了，这会导致股票股市下跌。反之，降息整体来说对股市是利好的。我看好我预测花旗会和上一季一样交出漂亮业绩单😃该集团二季度业绩超预期主要是由于外汇、大宗商品和利率交易带来的大笔资金，以及跨境跨境企业资金往来。
    • LMSunshine
      2022-10-11
      LMSunshine
      Win 100 Tiger-coins
      Think all 4 banks have a high chance of reporting lower EPS & revenue but voted for $Citigroup(C)$ as the winner as it has the highest dividend & is trading near its 52 week low.
    • SirBahamut
      2022-10-11
      SirBahamut
      Win 100 Tiger-coins
      JPM under Jamie Daimon should navigate well under this current crisis. Investment banking and trading revenue will see a sharp drop, but NIM and credit card spending should provide some buffer
    • StickyRice
      2022-10-11
      StickyRice
      Win 100 Tiger-coins
      Morgan Stanley $Morgan Stanley(MS)$ is a leading financials company with some of the best talent the world has to offer. They have around $3.3 trillion in assets under management and are managing their various revenue streams with efficiency in order to avoid past mistakes of being more susceptible to specific economic changes like interest rates, market / trading activities, and more.

    • jat
      2022-10-11
      jat
      Win 100 Tiger-coins

      i hv voted for Citibank. They are selling their Consumer Bank in Indonesia, Malaysia, Thailand and Vietnam to UOB Group. this will allow them more focus on wealth management for their high net worth clients.

       @Tiger_Earnings tks for organising this event

    • SR050321
      2022-10-11
      SR050321
      Win 100 Tiger-coins
      I have confidence in $Citigroup(C)$ it will try best to bring the best results, see from the past 5 yrs, Q3 resuts been always green except 2020 when covid hit economic badly. This year the stock price hit badly [Facepalm] with the increase interest rate net income should be higher, but instead it expect decline revenue, hope it can beat expectation of EPS $1.59 on its report on 14 oct 2022.
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