【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 the correct answer, you may divide 1000 Tiger Coins with other Tigers.$Citigroup(C)$, $Wells Fargo(WFC)$ and $JPMorgan Chase(JPM)$
This week marks the beginning of the first quarter earnings season, with major banks set to report their results this Friday. As investors shift their focus from Federal policies to the state of corporate America, these earnings reports will take center stage. Analysts will be watching closely to see how companies have performed over the past three months and what their outlooks are for the next quarter.
Investors will also be keeping an eye on any potential new developments or changes in the market that could affect their investments. It's likely that this quarter's earnings season will be closely watched as investors try to understand the impact of recent political and economic events. As the first quarter earnings reports come in, investors should be ready to adjust their strategies accordingly. $Citigroup(C)$, $Wells Fargo(WFC)$,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.
On the earnings side, all eyes will be on how ripples from the collapse of Silicon Valley Bank and Signature Bank last month impacted the country's biggest banks.
In recent weeks, smaller regional banks like $Western Alliance(WAL)$ and $First Republic Bank(FRC)$ have sought to calm investor nerves by offering updates on any deposit outflows. JPMorgan, Citi, and Wells Fargo were part of a consortium last month that injected some $30 billion in deposits into First Republic to shore up the struggling lender. Bank Earnings Preview: Deposit Levels in Focus; Loan Loss Provisions to Fly Higher in Q1
The calendar below shows the six US banks that report results in the period
💰Event Details
Click to vote. Guess which bank is a big winner this week ? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.$Citigroup(C)$, $Wells Fargo(WFC)$ and $JPMorgan Chase(JPM)$
For example, If 10 Tigers get the right answer, each will receive 100 Tiger Coins. If 100 Tigers get the right answer, each will receive 10 Tiger Coins.
Reply and forward this post, share your insights about bank's financial reports,and you will have the chance to win Tiger gift .
⏰Event Time
The deadline for this event is 21:00 on 14th April 2023
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Guess which bank 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.
I picked $JPMorgan Chase(JPM)$ i usually like $Citigroup(C)$ but this time i choose JPM, i like Citi because it is well known too in Asia and in Singapore but seems JPM bigger in US.
I think the bank need to diversify their investment safely, they are running businesses for the people who keeps money in bank, also gives loan to businesses with expectations of profit from the NIM.
Net interest margin (NIM) reveals the amount of money that a bank is earning in interest on loans compared to the amount it is paying in interest on deposits. NIM is on e indicator of a bank's profitability and growth.
Banks also holds investment accounts and charge fee to customers. The fee is not cheap, just compared a local bank DBS vickers fee vs Tiger, so much different, local online brokerage like $Tiger Brokers(TIGR)$ has allowed me to learn trading n investment, while the banks are still needed for all to operate swiftly.
🌟🌟🌟All eyes will be on $JPMorgan Chase(JPM)$
as it reports its 1st quarter 2023 earnings results on Friday. I pick JP Morgan to be the biggest winner this week over Citibank and Well Fargo. It is the largest bank in the US and the world's largest bank by market capitalisation.
JP Morgan's share price is up 1.4% in the last 5 days and 2.2% in the last year. Analysts expect JP Morgan earnings to jump 29% to USD3.41 per share on 17.7% revenue growth to USD36. 13 Billion.
Analysts are bullish on JP Morgan with a BUY rating and a median target price of USD153. 00, an upside potential of 19%.
JP Morgan will set the tone of Earnings Season and is the bellwether of the US economy. I am bullish on JPMorgan as it ticks all the core fundamentals of a quality stock. Best of all, JP Morgan pays a good dividend at 3.10% dividend yield while I wait for its capital growth.
Go Long Go Strong Go JPMorgan!
@TigerEvents
上一季度，摩根大通的预期每股收益为3.11美元，而实际收益为3.57美元，较市场预期高出14.79%。在过去四个季度里，该公司的每股收益有两次超过了市场普遍预期。
虽然近期银行业笼罩不佳情绪， 不过我依旧看好该公司， 相信这一次一样会交出达市场预期的财报[财迷][财迷][财迷]
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it's the biggest out there for a certain reason
it's time to vote guys @Viv22 @LMSunshine @KYHBKO @Tigress02 @Universe宇宙 @kungpao @cindyft @wine18 @Xian789 @MTok