【Stock Prediction】Guess which bank is a big winner this week ?
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.
First-quarter earnings season is set to begin in earnest during the third full week of April, led by banking giants $JPMorgan Chase(JPM)$,$Citigroup(C)$, $Goldman Sachs(GS)$, $Morgan Stanley(MS)$ and$Wells Fargo(WFC)$.
The latest quarterly figures are expected to preface a lackluster year for bank profits despite the lift anticipated from higher interest rates. According to projections compiled by S&P Global Market Intelligence, U.S. bank earnings will fall by more than 8% in 2022 from last year, namely as the financial boost from releasing reserves that padded profits in 2021 winds down.
The calendar below shows the Five US banks that report results in the period.🎁Reward
- Click to vote.Guess which bank is a big winner this week ? If you get correct answers,you can get 20 Tiger Coins. $JPMorgan Chase(JPM)$,$Citigroup(C)$, $Goldman Sachs(GS)$, $Morgan Stanley(MS)$ and$Wells Fargo(WFC)$
- Reply and forward this post, share your insights about bank's financial reports, we will give 100 Tiger Coins with outstanding comments.
⏰Event Time
- The deadline for this event is 09:00 on April 14th, Thursday SGT
🔥Don't forget to follow@Tiger_Earnings, Tiger's official account for providing key information during earnings season📖📖📖
Guess which bank stock is a big winner this week？(Single choice)Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Well, maybe it it did so great that it will be hard to show big changes this time ⏲ [Sly].
I guess $JPMorgan Chase(JPM)$ Is the biggest winner as @Tiger_Earnings has already given us the very obvious hints - JP Morgan revenue estimate of $30.6B which is the highest amongst the 5 US Banks in Focus.
A fight between JP Morgan and Wells Fargo.If last quarter's momentum can be extendedwith continued lendings by Wells Fargo thenit would be the biggest winner.
Ultimately, depends on which bank is able tosecure more loans and mortgages. JP Morgan is the largest bank and should theoretically have the capacity to secure loans but Wells Fargo isn't small too...
I am most optimistic about $Wells Fargo(WFC)$ as its 4th quarter earnings did very well last year. Its profits were USD5.75 Billion or 1.38 per share well ahead of USD4.5 Billion or 1.11 per share forecasted by the analysts.
Moreover Wells Fargo's share price gained 59% last year. It is certainly well positioned to gain in the impending interest rate rises and higher loan demand due to a hot US property market. According to the financial analysts it is a BUY with target price of USD53. 95.
Let's hope my prediction comes true. 🙏🙏🙏
@Tiger_Earnings Stock Prediction on Bank
@TigerStars
[财迷][财迷][财迷][666][666][666]