Author: 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.

In the last five trading sessions ending June 19, 2015, the broader-market-based S&P 500 Index (SPY) rose by 0.73%.

Like other banks, Bank of America (BAC) and Wells Fargo (WFC) stand to benefit from interest rate hikes. Net interest income forms ~50% of their revenues, and rising interest rates could drive growth.

Fiserv reported adjusted earnings of $1.16 per share for 4Q16—21% higher YoY.

On February 7, 2017, Fidelity National Information Services (FIS) reported 4Q16 adjusted EPS of $1.14, which was in line with analysts’ estimates.

On January 24, 2017, Wells Fargo (WFC) announced a quarterly dividend of $0.38 for 4Q16. Wells Fargo is one of the highest dividend-paying stocks among its peers (XLF).

Deutsche Bank (DB) reported its fourth quarter earnings on February 2, 2017. The distressed bank reported 4Q16 losses of 1.9 billion euros, which missed analysts’ forecasts.

In 2016, the US economy grew 1.6%, its slowest pace in the last five years. However, in 2017, investors expect strong fiscal spending under Donald Trump’s presidency.

Bank of America’s CEO has repeatedly discussed the importance of cost controls and how such measures could significantly boost BAC's earnings over the next few years.

Wall Street analysts expect Fiserv (FISV) to post 4Q16 EPS of $1.14—23% higher on a YoY basis—on February 8.

FIS is slated to report its 4Q16 results on February 7, 2017. Wall Street analysts expect it to post EPS of $1.14, a rise of 23.0% year-over-year.