Company Reports
Launch Report: Bank of America – To Be or Not To Be a Regional?
01/15/2015
With most mortgage settlements behind them, what is BAC’s core profitability picture going forward? BAC
JP Morgan: B+ Grade: Back to Mojo Form, or Still Finding its Figure?
01/15/2015
- Reported 4Q14 EPS of $1.19, but $1.33 on an adjusted basis which beat street consensus of $1.31. Adjustments included the firm wide legal expense ($0.26) and other notable items that are a net add-back of ($0.12)
Bank of America: Regional Bank Engine Still Not Humming
01/15/2015
Reported 4Q14 EPS of $0.25, but $0.32 on an adjusted basis which just beat street consensus of $0.31. Negative charges to revenue ($0.07) included the market-related net interest income adjustment, adoption of funding valuation adjustments and net debit valuation adjustments. We estimate that BAC’s interest rate profile added about 3-4 cents per share or comprised about 13% of EPS.
Launch: Citigroup - P90X, Will It Work Out?
01/12/2015
Citi continues to restructure, but how long before we see strong/sustainable core results? C
Launch Report: JPMorgan – Trying to Regain its Big Bank Mojo
01/12/2015
- Good manager of credit and market risk, improving on enterprise/operational fronts
- Strong business segments, but are franchises worth more together or apart?