Here’s why this is a golden age for banks — but some of their stocks may be too high

https://images.mktw.net/im-79833841

Published:

Bank-earnings season will begin on Tuesday, and dedicated industry investors are enjoying what can only be called the best of times. And an easing regulatory environment and the prospect of further interest-rate cuts by the Federal Reserve could set up another period of improvement for U.S. banks — especially the largest ones.

JPMorgan Chase & Co.

JPM, Citigroup Inc. C and Wells Fargo & Co. WFC will announce their second-quarter results Tuesday morning before the market opens. Bank of America Corp. BAC, Goldman Sachs Group Inc. GS, and Morgan Stanley MS will report on Wednesday to round out the largest six U.S. banks by total assets. Most large regional banks will report their results within the next two weeks.

This post was originally published on Market Watch

Share:

Latest News

Daily News on Investing, Personal Finance, Markets, and more!

Financial News

Financial News

Policy(Required)

Financial News

Daily News on Investing, Personal Finance, Markets, and more!

Financial News

Policy(Required)