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Aug 10 | 5 Things You Need To Know About Q2 Bank Earning Season

Aug 10 | 5 Things You Need To Know About Q2 Bank Earning Season

“It’s never too late to retire early”5 Things You Need To Know About Q2 Bank Earning Season

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The second quarter was a bleak one due to coronavirus lockdowns. There is still quite a bit of uncertainty on how the banks will continue to struggle before the pandemic ends. Here are five big takeaways from this most recent earnings season:
Still no pain in the economy

  1. Banks are expecting heavy losses
  2. Loan deferrals
  3. Trading revenues surged
  4. Keep an eye on dividends

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