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Cramer Calls Goldman Sachs A Standout, Bank Of America The 'Amazon Of Bank Stocks'
Wednesday, January 16, 2019 - 2:10pm | 440Read More...Big bank earnings season continued Wednesday with every bank showing impressive results thus far, Jim Cramer said during CNBC's "Squawk Box" segment. Standouts Investors who hate the big bank sector should recognize the group was "already hated" heading into earnings season...
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Bank Of America Jumps 5% Following Record Q4 Profit
Wednesday, January 16, 2019 - 9:22am | 473Read More...Shares of Bank of America Corp (NYSE: BAC) gained more than 5 percent Wednesday morning after the bank reported a top-and-bottom-line beat in its fourth-quarter results and recorded its best quarterly profit in history. What Happened Bank of America said it earned 70 cents per share in the fourth...
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Goldman Sachs Trades Higher After Q4 Beat
Wednesday, January 16, 2019 - 9:05am | 344Read More...Shares of Goldman Sachs Group Inc (NYSE: GS) gained 3 percent early Wednesday morning in reaction to the company's better-than-expected fourth-quarter earnings report. What Happened Goldman Sachs said it earned $6.04 per share in the fourth quarter on revenue of $8.08 billion versus...
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Citigroup Kicks Off Big Bank Q4 Earnings With Mixed Results
Monday, January 14, 2019 - 9:16am | 453Read More...Fourth-quarter earnings season for big banks kicked off Monday morning with Citigroup Inc (NYSE: C)'s mixed results. Earnings Citigroup said it earned $1.61 per share in the fourth quarter on revenue of $17.1 billion, which was mixed compared to expectations of $1.55 per share on revenue of $17...
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Despite A 'Fine Quarter,' KBW Downgrades Bank Of The Ozarks
Wednesday, January 17, 2018 - 3:48pm | 370Read More...Bank Of The Ozarks Inc (NASDAQ: OZRK) reported fourth-quarter earnings Tuesday, with an EPS that fell in-line with the consensus estimate. The Analyst Keefe, Bruyette And Woods' Catherine Mealor downgraded Bank of the Ozarks from Outperform to Market Perform and reiterated a $56...
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KBW Downgrades Citi On 'Meaningful Gap' In Outlook
Wednesday, January 17, 2018 - 12:59pm | 395Read More...Citigroup Inc (NYSE: C) reported fourth-quarter results Tuesday that beat top- and bottom-line expectations, but the results led at least one Wall Street analyst to turn neutral on the bank stock. The Analyst Keefe, Bruyette & Woods' Brian Kleinhanzl downgraded Citi's...
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Buckingham Reviews 'Best In Class' JPMorgan's Q4 Beat
Friday, January 12, 2018 - 11:23am | 354Read More...JPMorgan Chase & Co. (NYSE: JPM) reported Friday its fourth quarter results, which came in better than expected. The Analyst Buckingham Research Group's James Mitchell maintains a Buy rating on JPMorgan's stock with an unchanged $135 price target. The Thesis JPMorgan's earnings...
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Big Bank Q3 Earnings Roundup
Tuesday, October 17, 2017 - 8:55am | 684Read More...Big banks continued reporting their respective earnings reports Tuesday morning. Here is a roundup of how some of Wall Street's biggest banks performed in the third quarter. Goldman Sachs Goldman Sachs Group Inc (NYSE: GS) earned $5.02 per share in the third quarter on revenue of $8.33...
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The Upcoming Earnings Problem That Could Plague Stocks
Thursday, October 12, 2017 - 4:38pm | 328Read More...The stock market faces a major headwind that could call into question the sustainability of the current bull run: 2018 earnings. Third-quarter earnings seasons is ramping up this week with many big banks on deck to report their results. Many analysts and investors aren't worried, Chad...
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Earnings Quality At Goldman Sachs Questionable, UBS Downgrades
Monday, July 24, 2017 - 12:24pm | 436Read More...Shares of Goldman Sachs Group Inc (NYSE: GS) have lost nearly 10 percent since the start of 2017, and after the company's earnings report, analysts at UBS think there are "better opportunities" elsewhere. UBS's Brennan Hawken downgrades Goldman Sachs' stock rating from Buy to Neutral with a price...
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Analyst Gives Bank Of America's 'Low-Quality' Beat More Scrutiny
Tuesday, July 18, 2017 - 3:00pm | 304Read More...Bank of America Corp (NYSE: BAC) reported its second-quarter results, which came in ahead of expectations but according to one analyst should be viewed as a "low quality" beat. UBS analyst Saul Martinez maintains a Neutral rating on Bank of America's stock with an unchanged $26 price...
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Cramer: Goldman Sachs Is A Great Firm, But Bank Of America Is A 'National Juggernaut'
Tuesday, July 18, 2017 - 1:46pm | 327Read More...Some of Wall Street's biggest banks on Tuesday reported their respective earnings, but Bank of America Corp (NYSE: BAC) may have emerged the winner, Jim Cramer explained. Shares of Goldman Sachs Group Inc (NYSE: GS) were trading lower by nearly 2 percent Tuesday afternoon. Part of the bank'...
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Was Goldman's Selloff Just What Was Needed To Make Shares Attractive?
Wednesday, April 19, 2017 - 2:04pm | 315Read More...Goldman Sachs Group Inc (NYSE: GS)'s surprisingly poor earnings report this week and the stock's subsequent selloff prompted analysts at Citi to upgrade the bank. Citi's Keith Horowitz upgraded shares of Goldman Sachs from Sell to Neutral with an unchanged $225 price target. According...
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Your Big Bank Q1 Earnings Roundup
Wednesday, April 19, 2017 - 9:35am | 1033Read More...Major Wall Street banks have wrapped up their quarterly earnings release. Here is a look at how some of the world's largest financial institutions performed in the first quarter and their stock's performance since the start of 2017 and over the past year. JPMorgan (April 13) JPMorgan...
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Morgan Stanley's Q1 Beat Sends Shares Higher
Wednesday, April 19, 2017 - 7:51am | 434Read More...Morgan Stanley (NYSE: MS) was the latest major bank to report its earnings on Wednesday. Shares of Morgan Stanley were trading higher by more than 2 percent early Wednesday morning after the company reported its first quarter results. Morgan Stanley said it earned $1.00 per share in the quarter on...














