Apr
27

Bank Bucks

While bank earnings are way up from where they were in 20Q1, looks can be deceiving. The biggest earnings drivers have come from increases in trading, capital markets (fees from stock and bonds sales), and large releases of loan loss provisions that were built up over the past year. Regrettably, not much has come from making old fashioned loans! Until loan volume rises smaller firms will be cashed starved.

Share This Post
Facebook Twitter Email

Speak Your Mind

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.