Global Banking Directory 2.0
Press Release Distribution Service
Add Bank | Banking Forum Online
EstoBIT Instant Exchange
BanksDaily on Twitter BanksDaily on LinkedIn BanksDaily on Instagram

Financial and Banking News

US banks expect robust earnings growth through 2019

S&P Global Market Intelligence, a leader in multi-asset class research data and insight, launched the 2017 US Bank Market Report and the 2017 US Community Bank Market Report.

The reports, which offer a five-year comprehensive analysis and outlook on the US banking and community banking industries, anticipate 2017 earnings growth of 10.6% and 5.5% for U.S. banks and community banks, respectively, although performance could still fall short of some market expectations. In addition to rising interest rates and better-than-expected credit quality, possible regulation rollbacks and corporate tax reform could give earnings an additional boost starting in 2018.

The US Bank Market report finds bank stocks have jumped close to 30% since the U.S. presidential election in November 2016 on the expectation that the industry's performance could improve substantially. While higher interest rates will mean sustained expansion in U.S. banks' net interest margins and push returns on equity to levels not seen since the financial crisis, corporate tax and regulatory reform might have to become reality for returns to meet the Street's expectations. The rebound in bank stocks could also mean more community bank M&A activity, as buyers can more easily ink accretive acquisitions while satisfying sellers' expectations, according to the US Community Bank Market Report.

S&P Global Market Intelligence analyzed nearly 10,000 banking subsidiaries, covering the core banking industry from 2005 through 2016. The analysis includes all commercial and savings banks and savings and loan associations, including historical institutions as long as they were still considered current at the end of a given year.

The analysis looked back more than a decade to help inform projected results for the banking industry by examining long-term performance over periods outside the peak of the asset bubble from 2006 to 2007. S&P Global Market Intelligence has created a model that projects the balance sheet and income statement of the US banking industry and allows for different growth assumptions from one year to the next.

About S&P Global Market Intelligence

At S&P Global Market Intelligence, we know that not all information is important—some of it is vital. Accurate, deep and insightful. We integrate financial and industry data, research and news into tools that help track performance, generate alpha, identify investment ideas, understand competitive and industry dynamics, perform valuations and assess credit risk. Investment professionals, government agencies, corporations and universities globally can gain the intelligence essential to making business and financial decisions with conviction.

S&P Global Market Intelligence a division of S&P Global (NYSE: SPGI), provides essential intelligence for individuals, companies and governments to make decisions with confidence.


Source: S&P Global Market Intelligence
Date: 30.03.2017 [347]
Get your content published on BanksDAILY.com in just a few clicks.

Financial and Banking News
 Post-Pandemic Economic Recovery: Key Factors Driving Growth and Stability

The COVID-19 pandemic caused a global economic halt, resulting in disruption, job losses, and uncertainty. However, as vaccination efforts progress and countries adjust to the new normal, there is hope for an economic recovery.

 Wiki Finance Expo Sydney 2023 Is Coming Soon!

Regulation, Forex, Crypto, Web 3.0, Metaverse, AI, ESG Will Be in Focus. Taking place on November 16th, Wiki Finance Expo, Sydney 2023 is Aussie largest and most anticipated fintech event of the year. 30.10.2023 | Source: WikiExpo

 Blockchain Economy Dubai Summit 2023: Just Two Weeks Away and Buzzing with Anticipation

Dubai, UAE - The Blockchain Economy Dubai Summit is generating palpable excitement within the blockchain and crypto communities, with only two weeks remaining until the event. Scheduled for October 4-5, 2023, at the Le Meridien Dubai Hotel & Conference Center, this prestigious event gathers over 3,000 blockchain entrepreneurs, crypto enthusiasts, and industry leaders from 85 countries. 20.09.2023 | Source: Teklip

 📰 News Archive

2007-2024 © BanksDAILY.com | All Banks in One Place | Privacy Policy