Company Reports

Reported 1Q15 EPS of $0.26, a penny short of street consensus of $0.27. Despite stronger loan growth in the mid-single digits, KeyCorp disappointed on financial advisory and loan syndication fees which could have led to the slight miss.  Key Keycorp

Reported 1Q15 EPS of $1.04 which exceeded street consensus of $0.98 as a result of strong loan growth, higher trust & investment fees, credit and debit card fees, and gains on debt securities sales.  $122 million above-trend debt securities gains added about 1 cent.  Earnings of $5.8 billion compared...

Reported 1Q15 EPS of $0.27, but $0.30 on an adjusted basis which hit the Street consensus of $0.30. Earnings of $3.4 billion compared to $3.1 billion in the linked quarter and a $276 million loss in the prior year’s quarter.

Reported 1Q15 EPS of $1.45, and roughly $1.45 on an adjusted basis which beat street consensus of $1.39 by six cents. Adjustments related to non-recurring/one-off items included: (1) firm-wide legal expense ($0.13 add-back), a tax benefit ($0.03 reduction). JPM

The annual GSIB 10Ks season provides a tremendous amount of information that is scattered throughout the banking companies’ massive documents that can range from 250 to 500 pdf pages. 

The annual GSIB 10Ks season provides a tremendous amount of information that is scattered throughout the banking companies’ massive documents that can range from 250 to 500 pdf pages.  These information nuggets when distilled to their essential oils of action-oriented views are important for risk analysts of all sorts whether credit risk managers, investment managers, regulators, or other corporate strategic users.  

UBS’ franchise led by wealth management with its recurring earnings power; though still in restructuring mode for other key business unit.   Confronts wide-ranging menu of litigation costs similar to other global banks in Europe & the US.

The annual GSIB 10Ks season provides a tremendous amount of information that is scattered throughout the banking companies’ massive documents that can range from 250 to 500 pdf pages.  These information nuggets when distilled to their essential oils of action-oriented views are important for risk...

The annual GSIB 10Ks season provides a tremendous amount of information that is scattered throughout the banking companies’ massive documents that can range from 250 to 500 pdf pages.  These information nuggets when distilled to their essential oils of action-oriented views are important for risk...

The annual GSIB 10Ks season provides a tremendous amount of information that is scattered throughout the banking companies’ massive documents...While the annual reports contain a re-write of the earnings releases, instead, we will focus on the discrete but usually ambiguous key risk areas.