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Rebecca Keats

Disclosure: I am in full compliance with all ethics and other policies for Market Realist research analysts. I am not invested in securities that I cover on Market Realist.

More From Rebecca Keats

  • uploads///REITS AND INTEREST RATES
    Macroeconomic Analysis

    How Would a Rate Hike Impact REITs?

    If rates do rise in December, as most experts are expecting, a mass selloff in REITs will likely occur.

    By Rebecca Keats
  • uploads///Citi shares outstanding
    Company & Industry Overviews

    How Did Citigroup Stock Perform in November?

    Shares of Citigroup (C) returned 9% during November. Last Monday, Citigroup’s share repurchase plans worth $1.75 billion got approval from the Fed.

    By Rebecca Keats
  • uploads///MS Capital
    Earnings Report

    Morgan Stanley’s Capital Position Remains Strong

    Since the financial crisis of 2009, there has been intense pressure on US banks to raise capital levels to meet minimum requirements.

    By Rebecca Keats
  • uploads///credit card loan portfolios
    Macroeconomic Analysis

    How Would Rising Charge-Offs Impact Major Banks’ Earnings?

    To make the most of growing consumer spending, major banks focused on their consumer banking business. They’re lending out more consumer loans.

    By Rebecca Keats
  • uploads///FIS revenues
    Earnings Report

    FIS’s Acquisition of SunGard to Become a Key Catalyst for 2016

    In 4Q15, Fidelity Information Services (FIS) acquired SunGard, expanding its top line by nearly 50% and entering the capital markets and asset management businesses,

    By Rebecca Keats
  • uploads///BK Exps
    Earnings Report

    How Is BNY Mellon Controlling Expenses?

    The Bank of New York Mellon’s (BK) cost-cutting program has been effective, and activist investors are appreciating the measures it’s taking to improve profitability.

    By Rebecca Keats
  • uploads///GS ROE
    Earnings Report

    After a Lackluster 2Q15, Return on Equity Will Likely Improve

    Wall Street analysts expect Goldman Sachs to post return on equity (or ROE) of 11.5% in 3Q15. In 3Q14, ROE for Goldman Sachs was 11.8%.

    By Rebecca Keats
  • uploads///Banks vs yields
    Company & Industry Overviews

    How Would a Rate Hike Impact the Banking Sector?

    The timing of a rate hike isn’t as important to banks as the quantum and pace of subsequent hikes. If rates are hiked more than expectations, earnings grow and forecasts are raised, leading to a rally in banking stocks.

    By Rebecca Keats
  • uploads///large cap vs small caps
    Company & Industry Overviews

    Investors and Large-Cap Banks as Global Uncertainties Continue

    Small-cap companies have lost only 0.4% YTD but have gained 5.3% as of November 6, month-over-month. But investors have stayed invested in large-cap banks.

    By Rebecca Keats
  • uploads///BAC analysts
    Earnings Report

    Why 80% of Analysts Rate Bank of America a ‘Buy’

    Wall Street analysts have been bullish on shares of Bank of America (BAC) on prospects of an interest rate hike and cheap valuations.

    By Rebecca Keats
  • uploads///GS exps
    Earnings Report

    GS Cuts More Jobs than It Did during the 2008 Financial Crisis

    Goldman Sachs has been cutting costs in recent quarters. In 2016, 2,600 people may have lost their jobs at GS—the highest number since the financial crisis.

    By Rebecca Keats
  • uploads///BAC EPS
    Earnings Report

    Will Bank of America’s 4Q16 Earnings Buoy Its Stock Further?

    Bank of America is expected to announce its 4Q16 results before the market opens on January 13, 2017. Analysts expect it to post earnings per share of $0.38.

    By Rebecca Keats
  • uploads///EPS Estimates
    Company & Industry Overviews

    5 Big Banks to Report Their Earnings this Week

    This week, five of the top six commercial and investment banks will report their quarterly earnings.

    By Rebecca Keats
  • uploads///WFC credit card accounts
    Company & Industry Overviews

    Why Analysts Have a Negative Outlook for Wells Fargo in 2017

    In September, Wells Fargo was slapped with the largest fine ever by the CFPB (Consumer Financial Protection Bureau), making it tough for the company to rebuild its image.

    By Rebecca Keats
  • uploads///WFC profitability ratios
    Earnings Report

    How Global Weakness Drags down Wells Fargo’s Profitability in 4Q15

    Two key elements gripping the US banking sector and Wells Fargo include the near-zero interest rate and global uncertainty, which have dampened earnings.

    By Rebecca Keats
  • uploads///GS Trading activities
    Earnings Report

    Factors That Will Drive Goldman Sachs’ Earnings in 2016

    Goldman Sachs derives 16% of its revenues from the investing and lending business. So far, 2016 has been a rough year for the financial sector.

    By Rebecca Keats
  • uploads///Quarterly income
    Company & Industry Overviews

    Did Banks’ Earnings Grow in 4Q15?

    The Federal Deposit Insurance Corporation’s quarterly report on the health of the US banking industry said that 4Q15 bank earnings rose 11.9% year-over-year.

    By Rebecca Keats
  • uploads///KIE Flows
    Macroeconomic Analysis

    Investors Added $247 Million to the Insurance ETF KIE in 2015

    The SPDR S&P Insurance ETF (KIE) has added $257 million in assets in 2015 so far. In comparison, during the previous year, the fund witnessed outflows of $139 million.

    By Rebecca Keats
  • uploads///WFC energy exposure
    Earnings Report

    Why Wells Fargo’s Energy Loan Losses Could Rise in 2Q16

    At Wells Fargo’s investor day presentation, chief financial officer John Shrewsberry warned investors of more losses on energy-related loans.

    By Rebecca Keats
  • uploads///Fundflows XLF
    Macroeconomic Analysis

    Fund Flows to XLF Have Been Declining

    Exchange-traded fund investors added almost $552.6 million on average to the Financial Select Sector SPDR ETF (XLF) in the last quarter. During the week ending September 25, the ETF witnessed outflows of $318.3 million.

    By Rebecca Keats
  • uploads///Untitled
    Earnings Report

    FIS’s Acquisition of SunGard to Be a Key Catalyst in 2016

    In 2015, Fidelity National Information Services (FIS) acquired SunGard, expanding its top line by nearly 50% and entering the capital markets and asset management businesses.

    By Rebecca Keats
  • uploads///CITI HOLDINGS
    Earnings Report

    Is Citigroup’s Restructuring Exercise Benefiting the Company?

    Citigroup’s CEO, Michael Corbat, continued his efforts to try to slim down the company’s operations and clean up its balance sheet in the second quarter.

    By Rebecca Keats
  • uploads///banks price perf
    Macroeconomic Analysis

    Bank Stocks Rise Due to Expectations of a Rate Hike

    2016 has been a rough year for the financial sector. Banks entered 2016 expecting four rounds of interest rate hikes. Things didn’t turn out in their favor.

    By Rebecca Keats
  • uploads///KBE Fundflows
    Macroeconomic Analysis

    KBE’s Inflows Reached $17 Million the Week Ended December 11

    Among the 133 13F filers holding the stock, 43 funds reduced their exposure to KBE, while 21 funds sold all their holdings.

    By Rebecca Keats
  • uploads///JPM revenues est
    Earnings Report

    Can JPMorgan Beat Analysts Estimates in 2Q16?

    In the past few quarters, JPMorgan has posted better-than-expected earnings and has topped revenue estimates.

    By Rebecca Keats
  • uploads///MA XLF
    Company & Industry Overviews

    XLF Crosses 20-day Moving Average, Turns Positive on October 23

    The Financial Select Sector SPDR ETF (XLF) attracts the most attention among US financial ETFs, as 87% of the fund is composed of large-cap stocks.

    By Rebecca Keats
  • uploads///WFC DY
    Earnings Report

    How Wells Fargo Creates Value for Shareholders

    Wells Fargo has consistently performed well in stress tests. This performance has let the company increase its dividends annually.

    By Rebecca Keats
  • uploads///Analysts Diversified financial services
    Company & Industry Overviews

    Why Analysts Are Bullish on Diversified Financial Services Stocks

    286 analysts cover the 15 stocks in the diversified financial services subgroup of the Financial Select Sector SPDR ETF (XLF).

    By Rebecca Keats
  • uploads///BAC EPS
    Company & Industry Overviews

    How Did Bank of America Perform in 2016?

    Bank of America reported strong 4Q16 earnings, in line with its guidance. BAC’s management attributed this rise in earnings to its disciplined cost management strategy.

    By Rebecca Keats
  • uploads///XLF fundflows
    Macroeconomic Analysis

    XLF Had Outflows of $30.9 Million

    ETF investors withdrew $30.9 million from the Financial Select Sector SPDR ETF (XLF) during the week ended January 22, 2016. So far in January, the ETF has witnessed outflows of $924 million.

    By Rebecca Keats
  • uploads///WFC Margins
    Earnings Report

    What Impacted Wells Fargo’s First Quarter Earnings?

    Wells Fargo’s first quarter earnings surpassed expectations but fell 5% YoY (year-over-year). The net interest income increased by 6% to $11.7 billion.

    By Rebecca Keats
  • uploads///FISV Revenues
    Company & Industry Overviews

    Did Fiserv Manage to Beat Estimates in 1Q16?

    Fiserv (FISV) reported 1Q16 adjusted EPS (earnings per share) of $1.06 on revenues of $1.3 billion.

    By Rebecca Keats
  • uploads///Ch
    Macroeconomic Analysis

    Unum Group Joins Potentially Undervalued Insurance Firms in Rally

    Unum Group is a provider of disability insurance products in the US and the UK. The stock has rallied by 5.48% year-to-date and by 6.18% in just the past month.

    By Rebecca Keats
  • uploads///FIS Capital allocation
    Company & Industry Overviews

    Understanding How Fidelity National Information Services Utilizes Capital

    At the end of 2015, Fidelity National Information Services (FIS) had long-term debt of $11.5 billion, nearly double what it had one year previously.

    By Rebecca Keats
  • uploads///Efficiency ratio citi
    Earnings Report

    Citigroup’s Focus on Efficiency Could Boost Its Profitability

    Citigroup’s 2Q15 efficiency ratio was 56% and was 66% in 3Q14. The bank has focused on efficiency through cost controls and exiting low-return segments that led to a lower efficiency ratio.

    By Rebecca Keats
  • uploads///Citi ratings
    Financials

    What Do Analysts Advise for Citigroup after 2Q16 Earnings?

    Wall Street analysts have been bullish on Citigroup (C) on its growth prospects and inexpensive valuations.

    By Rebecca Keats
  • uploads///BNY Mellon leverage ratio
    Earnings Report

    BNY Mellon’s Capital Ratios and Liquidity Position Improved in 4Q16

    Bank of New York Mellon’s (BK) Tier 1 Capital ratio was 14.5% compared to 13.6% recorded at the end of its previous quarter.

    By Rebecca Keats
  • uploads///KIE vs XLF
    Company & Industry Overviews

    Financials Surged Week Ended November 20 with Hints of a Rate Hike

    After a strong start to 2015, banking stocks have been on a roller coaster ride as the Fed kept investors guessing about its interest rate policy.

    By Rebecca Keats
  • uploads///FIS EPS
    Earnings Report

    Will FIS’s 3Q16 Earnings Meet Expectations?

    Fidelity National Information Services (FIS) is slated to report its 3Q16 results on November 1. Wall Street analysts expect it to post earnings per share (or EPS) of $0.98, 8% higher year-over-year.

    By Rebecca Keats
  • uploads///Banks PBV
    Earnings Report

    Do Goldman Sachs’s Valuations Look Attractive?

    Goldman Sachs (GS) is trading at 8% above its book value and 18 times its one-year forward earnings.

    By Rebecca Keats
  • uploads///iShares
    Macroeconomic Analysis

    What Investors Should Know about BlackRock’s iShares Business

    BlackRock (BLK) is the largest asset management firm in the world. BlackRock generated $10.9 billion of inflows in the iShares ETF segment in 2Q15.

    By Rebecca Keats
  • uploads///WFC Dividends
    Earnings Report

    Will Dividends Please Wells Fargo’s Investors Worried about Scandals?

    In June, the Federal Reserve approved Wells Fargo’s (WFC) capital plans after it found that the bank could keep lending in a severe economic downturn.

    By Rebecca Keats
  • uploads///JPM Ratings
    Company & Industry Overviews

    What Do Analysts Recommend for JPMorgan Chase and Wells Fargo?

    In a Bloomberg survey of 37 analysts, 19 analysts (51%) have assigned a “buy” rating to Wells Fargo (WFC) while 13 (35%) have rated it as “hold.” The stock currently has five “sell” ratings.

    By Rebecca Keats
  • uploads///DB Earnings
    Earnings Report

    Deutsche Bank Reports 3Q15 Losses of 6 Billion Euros

    Deutsche Bank (DB) announced its third quarter earnings on October 29, 2015. The bank reported losses of 6 billion euros ($6.6 billion), which was in line with a warning issued earlier in October.

    By Rebecca Keats
  • uploads///JPM trading revenues
    Earnings Report

    Why JPMorgan Chase’s Trading Revenues Beat Expectations

    JPMorgan Chases’s trading and investment banking business recorded healthy growth in the second quarter.

    By Rebecca Keats
  • uploads///BK recenues
    Earnings Report

    What Do Analysts Forecast for BNY Mellon’s 4Q16 Earnings?

    According to consensus data accumulated by Reuters, net revenues for BNY Mellon are expected to be $3.8 billion in 4Q16, 3.4% higher year-over-year.

    By Rebecca Keats
  • uploads///BAC dividends
    Earnings Report

    How Did Bank of America Perform on 2016 Stress Tests?

    Bank of America boosted its dividends by 50% to $0.075 after it cleared the Fed’s 2016 stress tests.

    By Rebecca Keats
  • uploads///cafaabfbbbcfaa
    Earnings Report

    Genworth’s Third Quarter Earnings Miss Analysts’ Expectations

    Genworth Financial (GNW) reported its third quarter earnings on October 30, 2015. The company reported operating EPS of $0.13, well below analysts’ estimates of $0.22.

    By Rebecca Keats
  • uploads///PBV Banks
    Earnings Report

    Does Citigroup Look Attractive at Its Current Valuations?

    Currently, Citigroup trades at a discount of 40% to its book value. It trades cheaper than peers such as JPMorgan Chase, Wells Fargo, and Goldman Sachs.

    By Rebecca Keats
  • uploads///EWZ
    Fund Managers

    Institutional Asset Managers Liquidate Exposure to Brazil ETFs

    The 13F filings of major institutional asset managers for the second quarter of 2015 offer a gloomy picture for Brazil.

    By Rebecca Keats
  • uploads///cefcacadbdbca
    Macroeconomic Analysis

    Are Emerging Markets Cracking or Crashing on Greece Woes?

    Chinese shares contributed significantly to the downfall of emerging market funds, as the iShares MSCI China Index ETF sank 2.84% on Monday.

    By Rebecca Keats
  • uploads///WFC assets
    Company & Industry Overviews

    Another Regulatory Hurdle for Wells Fargo as It Fails Fed’s Test

    Wells Fargo fails test In another blow to Wells Fargo’s reputation, the Federal Reserve said that Wells Fargo (WFC) failed to meet the requirements of its stress tests and faces penalties. The bank (XLF) failed the “living will” test that requires banks with above $50 billion in consolidated assets to submit a resolution plan explaining […]

    By Rebecca Keats
  • uploads///BAnk price perf
    Company & Industry Overviews

    Has Bank of America Stock Lost Steam?

    So far in 2016, Bank of America stock has risen 37.0%. By comparison, shares of Goldman Sachs (GS), Citigroup (C), and Wells Fargo (WFC) have underperformed.

    By Rebecca Keats
  • uploads///JPM EPS
    Earnings Report

    JPMorgan Chase Gained 4% after Its 1Q16 Earnings: Was It That Good?

    On April 13, JPMorgan Chase reported 1Q16 earnings of $1.35 per share. It beat consensus estimates of $1.28. Its shares rallied 4.2% after the earnings beat.

    By Rebecca Keats
  • uploads///BAC dividends
    Macroeconomic Analysis

    The Banking Sector in Mid-November: Awaiting a Probable Rate Hike

    The Fed’s focus in December will likely be on the pacing of subsequent rate hikes rather than on the timing of the first rate hike.

    By Rebecca Keats
  • uploads///banks price perf
    Company & Industry Overviews

    Banks Surge to Highest Levels since Financial Crisis

    Some investors are still expecting banks to reap huge benefits from rising interest rates in 2017 and lighter regulations under Trump’s administration.

    By Rebecca Keats
  • uploads///Fed funds rate
    Macroeconomic Analysis

    Did the Fed Really Hint About a Negative Interest Rate?

    A negative interest rate policy (or NIRP) may still be a far-fetched idea in the United States, but the Federal Reserve wants banks to prepare for it.

    By Rebecca Keats
  • uploads///MA KIE
    Macroeconomic Analysis

    KIE Crossed over Its Moving Averages on November 16, Trending Up

    On November 23, shares of KIE closed at $72.38, above its 100-day, 50-day, and 20-day moving averages of $70.07, $70.06, and $71.73, respectively.

    By Rebecca Keats
  • uploads///MA XLF
    Miscellaneous

    XLF May Cross Its 100-Day Moving Average: Is It Time to Buy?

    The Financial Select Sector SPDR ETF (XLF) attracts the most attention among financial ETFs in the US. 87% of the fund is composed of large-cap stocks.

    By Rebecca Keats
  • uploads///EU exposure
    Macroeconomic Analysis

    Banks That Look Riskier in the Brexit Aftermath

    Banks with significant exposure to the United Kingdom and the European Union are the riskiest investments in a post-Brexit environment.

    By Rebecca Keats
  • uploads///Fed Funds Rate
    Miscellaneous

    How Markets Will Be Driven by Central Banks’ Actions in December

    December is extremely critical for investors in stock markets around the world. Central banks of the two largest economies in the world are expected to make key monetary policy decisions.

    By Rebecca Keats
  • uploads///Portfolio
    Miscellaneous

    Ventas Completes Spin-Off of Care Capital Properties

    Ventas’s spin-off Care Capital Properties (CCP) will issue 84 million shares ($30 to $34 per share) and expects to raise around $2.7 billion.

    By Rebecca Keats
  • uploads///efccafcacbaadadaeea
    Macroeconomic Analysis

    The Financial Markets in Latin America: An Overview

    The Dow Jones Latin America Financials Index (DWLAFN) has plunged 20.03% year-to-date. This poor performance is largely due to Brazilian Financials.

    By Rebecca Keats
  • uploads///MS Trading revenues
    Earnings Report

    Morgan Stanley’s Expense Cuts Are Key Part of Recovery

    Morgan Stanley’s 2Q16 earnings beat analysts’ estimates, as the bank reported considerably lower legal expenses.

    By Rebecca Keats
  • uploads///Credit cards BAC
    Macroeconomic Analysis

    Bank of America’s Credit Default Risks Could Be Rising

    Bank of America (BAC) has a credit card loan portfolio worth $96.4 billion as of March 31, 2016. It accounts for 22% of its total consumer loans.

    By Rebecca Keats
  • uploads///XLF MA
    Company & Industry Overviews

    Financial ETF XLF Traded below Its Moving Averages on December 11

    This series analyzes investors’ sentiments toward the financial sector in the major global regions: the United States, Europe, China, Japan, and the Emerging Market economies.

    By Rebecca Keats
  • uploads///MA EUFN
    Company & Industry Overviews

    EUFN Is Trending Downwards on Global Growth Worries

    The iShares MSCI Europe Financial Sector ETF (EUFN) seeks to track the performance of an index composed of developed market European (FEZ) equities in the financials sector.

    By Rebecca Keats
  • uploads///Brazil
    Macroeconomic Analysis

    Why Latin American Economies May Be in Trouble

    Worsening economic conditions in Brazil and Venezuela hit economic growth in Latin America in the first quarter of 2015.

    By Rebecca Keats
  • uploads///DXJF MA
    Company & Industry Overviews

    DXJF Crosses below Its 20-day Moving Average on October 30

    DXJF is the only ETF to provide exposure to Japanese financial stocks. Trading activity in the DXJF fund has been scarce, with only a few thousand shares trading hands each day.

    By Rebecca Keats
  • uploads///AT coupons
    Company & Industry Overviews

    Why Are Deutsche Bank Investors So Concerned About AT1 Coupons?

    Shares of Deutsche Bank (DB) have fallen nearly 10% in the last three trading sessions. Efforts to reassure investors about its ability to pay coupons on its AT1 bonds were in vain.

    By Rebecca Keats
  • uploads///IFS Segment
    Company & Industry Overviews

    Inside FIS’s Integrated Financial Solutions Segment

    FIS’s Integrated Financial Solutions segment caters to North American banks and is the largest contributor to the company’s total revenues (~60%).

    By Rebecca Keats
  • uploads///JPM vs BAC stock perf
    Company & Industry Overviews

    Why Deutsche Bank Prefers Bank of America over J.P. Morgan

    In this series, we’ll compare Bank of America and J.P. Morgan on the basis of their 2Q earnings, profitability, cost-cutting initiatives, and interest rate sensitivities.

    By Rebecca Keats
  • uploads///WFC energy exposure
    Company & Industry Overviews

    How Does Wells Fargo Compare on Energy Exposure?

    Wells Fargo (WFC) seems secure when it comes to risks arising from energy-related loans. Wells Fargo’s energy loan portfolio of $17.8 billion made up 1.7% of the total loan portfolio in 1Q16.

    By Rebecca Keats
  • uploads///JPM Ratings
    Company & Industry Overviews

    Why Analysts Think Bank of America Is a Better Bet Than JPMorgan

    Financial stocks have been rising after a better-than-expected 2Q16. Despite this, Citigroup has downgraded JPMorgan Chase to a “neutral” from a “buy.”

    By Rebecca Keats
  • uploads///KRE MA
    Miscellaneous

    The KRE ETF Is Trending Downward since December 28

    The SPDR S&P Regional Banking ETF (KRE) targets US regional banks. It seeks to track the performance of the S&P Regional Banks Select Industry Index.

    By Rebecca Keats
  • uploads///CGF Bank investors
    Miscellaneous

    The Details of Citigroup’s Deal with China Guangfa Bank

    Citigroup (C) purchased its holding in China Guangfa Bank in 2006 as part of a consortium of investors. The consortium purchased an 85.6% stake for 24.27 billion yuan, or $3.1 billion then.

    By Rebecca Keats
  • uploads///DXJF MA
    Company & Industry Overviews

    DXJF Is in a Bearish Trend

    On December 11, 2015, DXJF closed at $25.57. This was below its 100-day, 50-day, and 20-day moving averages of $27.71, $27.39, and $27.47, respectively.

    By Rebecca Keats
  • uploads///aebfbeccafcfebc
    Company & Industry Overviews

    Stock Price Performance of US Banks in 2015

    The Great Recession is officially over for financial institutions. Since stocks bottomed out in early 2009, the financial sector has been one of the best performing sectors in the market.

    By Rebecca Keats
  • uploads///NIM Banks
    Company & Industry Overviews

    Banks Relying Heavily on Interest-Related Income Suffered

    In the third quarter, banks that relied heavily on interest-based income suffered, reporting record-low net interest margins.

    By Rebecca Keats
  • uploads///Citi capital ratios
    Company & Industry Overviews

    Why Did Morgan Stanley Upgrade Citigroup?

    Last week, Morgan Stanley (MS) analyst Betsy Graseck upgraded Citigroup from “equal-weight” to “overweight” and upgraded her target price from $50 to $70.

    By Rebecca Keats
  • uploads///Citi profitability
    Earnings Report

    Citigroup’s Profitability Boosted by Lower Expenses

    In terms of profitability, Citigroup’s return on equity (ROE) fell to 8.0% from 9.1% in the previous quarter but rose sharply from the 5.3% reported in 3Q14. Return on assets fell to 0.9% from 1.1% in 2Q15.

    By Rebecca Keats
  • uploads///MA XLF
    Company & Industry Overviews

    XLF Is above Its 20-Day Moving Average: Is This a Bullish Sign?

    On February 19, the Financial Select Sector SPDR ETF (XLF) closed at $20.98. This is 10% and 6% below its 100-day and 50-day moving averages, respectively.

    By Rebecca Keats
  • uploads///GS segments
    Earnings Report

    Understanding Goldman Sachs’s Segmental Earnings

    Goldman Sachs ranked first in worldwide announced and completed mergers and acquisitions so far in 2015.

    By Rebecca Keats
  • uploads///cacddadaddddffbcbfaa
    Macroeconomic Analysis

    Bulls and Bears Make Money, But Do PIIGS or PIIS Get Slaughtered?

    The troubled PIIGS countries—Portugal, Italy, Ireland, Greece, and Spain—have been suffering from financial sustainability concerns about large fiscal deficits and stagnated growth.

    By Rebecca Keats
  • uploads///fafdccfcebfcfdad
    Company & Industry Overviews

    What Are Analysts Saying about Bank of America?

    Bank of America has had a great November thanks to Trump’s presidential victory, but this has also led to several downgrades for the stock.

    By Rebecca Keats
  • uploads///XLF fundflows
    Macroeconomic Analysis

    Assessing XLF’s YTD Outflows as of February 12

    In 2016 so far, ETF investors have withdrawn $2.1 billion from XLF and pulled out funds worth $857 million from XLF during the week ending February 12.

    By Rebecca Keats
  • uploads///MA DXJF
    Company & Industry Overviews

    Japanese Financial ETF DXJF Is in a Bearish Trend in 2016

    The WisdomTree Japan Hedged Financials (DXJF) seeks to provide exposure to the Japanese financial sector.

    By Rebecca Keats
  • uploads///dbfebfadfbe
    Company & Industry Overviews

    REITs Are Overvalued on a Price-to-Book Basis

    REITs are the most overvalued sector in XLF on a price-to-book multiple basis. On average, REITs traded at a price-to-book multiple of 3.57x as of Monday, July 6.

    By Rebecca Keats
  • uploads///KRE MA
    Company & Industry Overviews

    KRE Traded above Its Moving Averages, Led Financial Sector ETFs

    KRE seeks to track the performance of the S&P Regional Banks Select Industry Index,
    particularly targets regional banks in the US. Shares of KRE have gained 11.4% YTD.

    By Rebecca Keats
  • uploads///Banks
    Company & Industry Overviews

    An Introduction to Brazil’s Largest Banks, Latin America’s Biggest

    Since the ’80s and ’90s, Latin American banks have stabilized. Today, the largest banks in Latin America are concentrated in two countries: Brazil and Mexico.

    By Rebecca Keats
  • uploads///BAC NIMs
    Company & Industry Overviews

    Interest Rate Hikes Will Drive Bank of America’s Margins in 2017

    Bank of America’s (BAC) earnings are extremely sensitive to interest rate changes. Low interest rates weighed on the bank’s top line in 2016.

    By Rebecca Keats
  • uploads///BAC Interest income
    Company & Industry Overviews

    Bank of America and Wells Fargo: Comparing Interest Rate Exposure

    Since Donald Trump’s presidential victory, Wall Street analysts have raised their forecasts for the major banks’ (XLF) net interest margins as they anticipate rising interest rates and economic growth.

    By Rebecca Keats
  • uploads///bac revenue estimates
    Earnings Report

    What Do Analysts Forecast for Bank of America’s 4Q16 Earnings?

    Investors on Wall Street (SPY) are eagerly awaiting the earnings of the financial sector (XLF), which serve as a barometer for economic health.

    By Rebecca Keats
  • uploads///BAC price perf
    Company & Industry Overviews

    Is Bank of America’s Rally Over?

    In 2016 so far, Bank of America stock has risen 21%.

    By Rebecca Keats
  • uploads///P
    Macroeconomic Analysis

    US Banks Witness the Highest Loan Growth since the Recession

    Total loans and leases in bank credit grew at a seasonally annualized rate of 8.1% over 1Q15. Loan growth was 5.6% the previous quarter and 5.3% for 1Q14.

    By Rebecca Keats
  • uploads///FISV revenues
    Earnings Report

    What Drove Fiserv’s 4Q16 Earnings Growth?

    Fiserv’s 4Q16 net income of $215 million was 14% higher YoY.

    By Rebecca Keats
  • uploads///WFC Loan growth
    Company & Industry Overviews

    Wells Fargo’s Loan Growth Outpaces Bank of America and Peers

    Wells Fargo (WFC) has the largest loan portfolio in the financial sector (XLF), anchored by its mortgage portfolio.

    By Rebecca Keats
  • uploads///Flows IYF
    Macroeconomic Analysis

    A Look at IYF’s Outflows So Far in 2016

    The iShares US Financials ETF (IYF) recorded net outflows of $847 million in 2015. As of March 24, 2016, investors have withdrawn $360.6 million from IYF.

    By Rebecca Keats
  • uploads///FIS Segments
    Company & Industry Overviews

    How Did FIS’s Earnings Stack Up in 1Q16?

    Fidelity National Information Services (FIS) posted earnings of $0.79 per share for 1Q16, 22% higher than the same period last year. Revenues grew by 4.2% year-over-year to $2.2 billion.

    By Rebecca Keats
  • uploads///sub group performance XLF
    Company & Industry Overviews

    The Banks in XLF: All Posted Negative Returns

    All 21 banks in XLF posted negative returns during the week ended January 22, 2016. Fifth Third Bancorp (FITB), Bank of America (BAC), and Citigroup (C) were the worst performers.

    By Rebecca Keats
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