Please join BCA Research's Chief US Equity Strategist, Irene Tunkel, for a Roundtable on Tuesday, February 11 at 11:00 AM EST (4:00 PM GMT, 5:00 PM CET).
Banks have had an amazing run, and while such strong performance is unlikely to repeat, there is still oomph left in the trade thanks to a more favorable regulatory environment, stronger demand for loans, a steeper yield curve, and a…
This is the time of the year when strategists are busy sending out their annual outlooks. Here on the Global Investment Strategy team, we decided to go one step further. Rather than pontificating about what could happen in 2025, we…
The Bank of Japan’s policy normalization has been accompanied by exceptional outperformance by Japanese banks. Japanese banks have outperformed both the country’s broader market as well as the MSCI ACW Banks index by…
Both the Chinese and US central banks will likely take policy actions in the coming weeks. What is the potential impact of a mortgage rate cut on China’s household consumption and the broader economy? Will the anticipated Fed easing…
Chinese onshore and offshore bank stocks have outperformed their respective broad markets by 26% and 24% since October. Despite deteriorating return on assets, return on equity and net interest margins, investors have sought out…
Lending standards continued to tighten for most loan categories in Q2, according to the Senior Loan Officer Survey (SLOOS). US banks reported tightening lending standards to businesses and all CRE categories. They kept…
Second quarter earnings season began for US public companies on Friday as JPMorgan (JPM), Citigroup (C) and Wells Fargo (WFC) reported their results before the open. (BAC, the other commercial bank SIFI (systemically important…
Bank OZK (ticker: OZK) ended Wednesday’s session down over 14%, following a double downgrade from buy to sell by an analyst who raised concerns about loans on two specific development projects. OZK is known for its…
Bank OZK (ticker: OZK, née Bank of the Ozarks) declined nearly 17% at its low on Wednesday, following a double downgrade from buy to sell by an analyst that also slashed his price target for the stock by a third. The…