By Scott Hallermann. As expected, the Federal Open Market Committee (FOMC) raised the target rate 1â„4 point to an upperbound of 5.25% at last week’s meeting (May 3). The policy
Weekly Review & Outlook: May 1, 2023
By Scott Hallermann. Starting with the good news, historical returns suggest an 89% chance of +5.62% or greater BANK indexreturn in May. Since 1998 the BANK index experienced 9 periods
Weekly Review & Outlook: April 24, 2023
By Scott Hallermann. By the numbers after the 1st full week of bank earnings results, 62% of the 47 U.S. banks with greater than $10B in assets that have reported
Weekly Review & Outlook: April 17, 2023
By Scott Hallermann. Day 1 in bank earnings releases brought an uneven market reaction. JPM and C popped higher, WFCand PNC were flat and WAFD closed at a new cycle
Weekly Review & Outlook: January 23, 2023
By Scott Hallermann. Early 4Q results trends among banks with $10B in assets or greater show 60% of companies beating consensus EPS expectations for the quarter. Median EPS are higher
Weekly Review & Outlook: January 23, 2023
By Scott Hallermann. Early 4Q results trends among banks with $10B in assets or greater show 60% of companies beating consensus EPS expectations for the quarter. Median EPS are higher