Fundamental, Research

Global U.S. Banks: Q4 2023 Earnings Preview

Kenneth Leon, Director of Equity Research
08 January 2024

Summary

Global US banks may have weak Q4 comps. JPMorgan Chase & Co. (JPM) may exceed earnings, while Bank of America Corporation (BAC), Citigroup Inc. (C), and Morgan Stanley (MS) may remain flat or down. Concerns remain about the health of the consumer and new regulations will likely lead to higher capital requirements.


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