Top

What are big bank earnings telling us?

April 19, 2016

It’s quarterly “earnings season” for publicly traded companies and banking seems to be receiving more than its fair share of attention. So far, the reported banking results for the latest quarter appear to be a muddle: not so good, better than expected, lousy net interest margins—and energy credit worries.

For the last couple of years, bank earnings have been decent—but not great. The biggest issue is our collective net interest margin. There’s simply no internal fix that any bank management can undertake on its own to repair it. It’s a market issue.

Read More on Banking Exchange