Blog Archives

Bank Results Season: J P Morgan on way to becoming leader in Mortgages to renew Universal Banking (Q1 2013)

Even as JP Morgan results beat expectations handsomely to come very near our $1.62 per share mark with $6.5 Bln in profits for the first quarter’s $25B+ raising hopes of a $100 Bln in revenues after a good 2 years,

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Posted in Financial Markets

Bank Earnings Season : JP Morgan beats the housing blues ( Q4 and Full year 2012 )

JP Morgan finally came to terms with the housing blues and its prime housing portfolio notwithstanding large robo signing indictments helped the bank post a firm Net income of $5.7 bln and against slower expectations lately of a $1.16 -$1.22

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Posted in Financial Markets

Bank Results Season: JP Morgan strives for a $100 B 2012 after CIO position ‘annulled’

Big banks are going to reporting 37% higher business from Mortgages this quarter sequentially and that includes J P Morgan as a proud #2 in the business, behind Wells Fargo. The Earnings season is off with a great report as

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Posted in Amitonomics, Banking, Financial Markets, US

Bank Results Season: Morgan Stanley in the fire (Q2 2012 Report)

Trading income is down 37% on year for Institutional Clients even as it maintains Q1 revenue watermarks more or less in both Institutional  Clients and Wealth Management but DVA claimed its toll on Q2 revenue as Q1 had reported $1.4B

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Posted in Amitonomics, Banking, US

Bank Results Season: The last positive Surprise is in (Bank of America reports Q2 2012)

It has been a week full of positive surprises so the shocker on the headline is just for reminding oneself that Morgan Stanley is the one candidate which makes you think of the word “Underperformance” esp this quarter when Trading

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Posted in Amitonomics, Banking, Retail Lifestyle, US

Bank Results Season: JP Morgan posts $5 B in profits after CIO massacre

The bank opened the morning proceedings with a restatement of the first quarter results posting a $660M loss to add to the Q1 in Principal Transactions to bring the EPS to $1.20 for the quarter with Net Income from Corporate

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Posted in Amitonomics, Banking, US

Bank Results Season: Wells Fargo Q1 2012 repeats Q4 performance – The pretender looks f-ugly in comparison? | Banking Insight

The bank moved up its earnings report a week to enable like to like comparison with peers like JP Morgan as it reported a 75 cents Earnings per share for a 3% sequential improvement oto $4.2  bln in Post Tax

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Posted in Amitonomics, Banking, US

China’s banks pull in claws: ICBC still head and shoulders above the rest in 2011

ICBC results a minute ago, would have beaten CCB profits by 38 bln yuan or nearly 23% and AgBank by 86 bln Yuan for a 2011 total of CnY 208 bln in profits or $33 bln with a Q4 Net

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Posted in Banking, China, Financial Services, Global