To The Moon

Click to vote. Guess which bank is a big winner this week ? If you get correct answers, you can get 10 Tiger Coins. In addition, you have the chance of winning 100 Tiger Coins.Fourth-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.$Citigroup(C)$, $Wells Fargo(WFC)$,$Bank of America(BAC)$ 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. Over the past few weeks, inflation has come down and the U.S. Federal Reserve is expected by some to pivot to a less aggressive stance. There is optimism that this will not be a long-lasting recession, and that pressure on the consumer from inflation and interest rates will ease. Even if this outlook proves to be overly optimistic, it is still expected good results from the banks, with decent earnings and attractive dividend yields. It’s uncertain whether it will be seen dividend increases, however, as banks wait to see how steep the economic slowdown will be. Trading revenues could be down due to declining markets, but it is expected to see a bit of a pickup on that front on the holiday season. U.S. Big Banks Q4 Earnings Are Coming. Here’s What To Expect 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? 🎁Reward Click to vote. Guess which bank is a big winner this week ? If you get correct answers,you can get 10 Tiger Coins. $Citigroup(C)$, $Wells Fargo(WFC)$, $Bank of America(BAC)$ and $JPMorgan Chase(JPM)$ 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 17:00 on Friday, January 13th. 🔥Don't forget to follow@Tiger_Earnings, Tiger's official account for providing key information during earnings season📖📖📖 📖For a beginner's guide to financial statements, click here