Biggest U.S. banks smash profit estimates as economy revives

Reuters2021-07-15

WASHINGTON, July 14 (Reuters) - The four largest U.S. consumer banks posted blockbuster second-quarter results this week, after pandemic loan losses failed to materialize and the U.S. economy began ...

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Comment（11）

khu
·2021-07-15
Nice
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W1234
·2021-07-15
noted
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1
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- W1234:
  Ok
  2022-02-25
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- W1234:
  ok
  2022-02-17
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- W1234:
  ok
  2022-02-15
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MonaMaMa
·2021-07-15
Banking stocks up up and away
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Tailwind
·2021-07-15
Great
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KVCGTan
·2021-07-15
Good time to buy in? Like?
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cklcklckl
·2021-07-15
Lol
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Shadowrider
·2021-07-15
Ok
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3
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FlareSpark
·2021-07-15
Sign of economy upturn [Strong]
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- KVCGTan:
  ??
  2021-07-15
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UTOtrader
·2021-07-15
Buy another lot
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2
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- Jarodfoo:
  good luck
  2021-07-15
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Troedas
·2021-07-15
Nice
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6
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CharlesKing
·2021-07-15
Like and comment plz???
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- VincentYeo:
  comment
  2021-07-15
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- Troedas:
  commented
  2021-07-15
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Revenue was up slightly on the first quarter, the bank said.\n\"What we're seeing is people starting to spend and act more in a way that seems more like it was before the pandemic started and, certainly on the consumer side, spending is up quite a bit, even when you compare it to 2018,\" Wells Fargo chief financial officer Mike Santomassimo told reporters.\nWhile loan growth is still tepid, which is usually bad for bank profits, there were signs that demand is creeping back.\nExcluding loans related to the U.S. government's pandemic aid program, loan balances at Bank of America, for example, grew $5.1 billion from the first quarter.read more\n\"Deposit growth is strong, and loan levels have begun to grow,\" Bank of America CEO Brian Moynihan said in a statement.\nJPMorgan, the country's largest lender, on Tuesday reported profits of $11.9 billion compared with $4.7 billion last year.\nCitigroup's second-quarter profit rose to $6.19 billion, up from $1.06 billion last year, while Bank 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stocks up up and away","listText":"Banking stocks up up and away","text":"Banking stocks up up and away","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147816517","repostId":1142984811,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":147170325,"gmtCreate":1626345502367,"gmtModify":1703758316190,"author":{"id":"3583705894030764","authorId":"3583705894030764","name":"Tailwind","avatar":"https://static.tigerbbs.com/e34622367968d3257c3ffe6b0d24ff87","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3583705894030764","authorIdStr":"3583705894030764"},"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147170325","repostId":1142984811,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":147123202,"gmtCreate":1626343156106,"gmtModify":1703758276106,"author":{"id":"3570938362108330","authorId":"3570938362108330","name":"KVCGTan","avatar":"https://static.tigerbbs.com/2126be6bc046089345232547cb51d38a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3570938362108330","authorIdStr":"3570938362108330"},"htmlText":"Good time to buy in? Like?","listText":"Good time to buy in? Like?","text":"Good time to buy in? Like?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147123202","repostId":1142984811,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":147166656,"gmtCreate":1626342551875,"gmtModify":1703758266347,"author":{"id":"3582687913455140","authorId":"3582687913455140","name":"cklcklckl","avatar":"https://static.tigerbbs.com/b2ec6b6794830f516eea2c967e740df5","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3582687913455140","authorIdStr":"3582687913455140"},"htmlText":"Lol","listText":"Lol","text":"Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147166656","repostId":1142984811,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":147115075,"gmtCreate":1626341201997,"gmtModify":1703758239988,"author":{"id":"3582060513966213","authorId":"3582060513966213","name":"Shadowrider","avatar":"https://static.tigerbbs.com/5a097dc665f46a3e5b535d2fd63e682b","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3582060513966213","authorIdStr":"3582060513966213"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147115075","repostId":1142984811,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":147118887,"gmtCreate":1626340998349,"gmtModify":1703758235766,"author":{"id":"3584955097359320","authorId":"3584955097359320","name":"FlareSpark","avatar":"https://static.tigerbbs.com/38942f5d417a8d645800903b08402b4e","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3584955097359320","authorIdStr":"3584955097359320"},"htmlText":"Sign 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and comment plz???","listText":"Like and comment plz???","text":"Like and comment 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