“It’s never too late to retire early”5 Things You Need To Know About Q2 Bank Earning Season
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
- Banks are expecting heavy losses
- Loan deferrals
- Trading revenues surged
- Keep an eye on dividends
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