This is a ChatGPT-free Zone
Bank of America (BAC) BAC announced earnings too, and things there are looking interesting. Like other banks, there is a problem with NIM pressure. But the investment bank / brokerage business seems to have done really well. I won’t go into any details here, but I just want to jot down what I was looking…
JP Morgan Earnings So JPM announced earnings and things look pretty good to me. Sure, there is still steady NIM pressure and this will be an issue this year too. I think they said it will be a $400 million or so headwind in 2013. But otherwise, things look pretty good. I know people say…
I know, this is a broken record blog. We all know financials are cheap and we all know there are plenty of reasons why they are cheap and why they might be right to be priced cheap. However, I tend to still like the well-managed financials. This is laughable and I don’t mean to suggest…