The Institutional Risk Analyst

© 2003-2021 | Whalen Global Advisors LLC  All Rights Reserved in All Media |  ISSN 2692-1812 | Terms & Conditions

Register for Updates Now!

Q4 Earnings Update: JPM, Citi & WFC

Updated: Jan 18

New York | Last week, JPMorganChase (NYSE:JPM), Citigroup (NYSE:C) and Wells Fargo & Co (NYSE:WFC) reported Q4 2020 earnings. As the folks at KBW told The Wall Street Journal last week, it was a messy quarter, both for what was disclosed to investors and what was not disclosed. The major themes of fourth quarter results are 1) declining estimates for bank credit costs, partly due to the Cares Act and other consumer and business debt moratoria, and 2) weaker interest income and revenue for banks going into 2021.

Want to read more?

Subscribe to www.theinstitutionalriskanalyst.com to keep reading this exclusive post.

Subscribe Now
284 views0 comments

Recent Posts

See All