Posts Tagged ‘Profit margins’
Bank Bummer
While bank profits rose 21% in Q2 ’12 compared to a year earlier, looks can be deceiving. Much of the increase is due to one-time releases from loan-loss reserves. Worse, net interest margins fell to 3.46% in Q2 from 3.52% in Q1. And margins will shrink further as yields on deposits can’t fall more, and…
Read MoreProfit Squeeze
Amazon recently announced earnings. And, while revenues and profit margins always change, ’11 was clearly not a banner year for earning. In Q4 ’11 Amazon had revenue of $17.4 billion but net income of only $177 million, a margin of just 1%! For all of ’11 sales were $48.1 billion–half of 1% of all consumer…
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