Major Bank Earnings Reports This Week

Morgan Stanley and Wells Fargo report this week.

Tuesday October 20, 2009 (before market open)

• Bank of New York Melon (BK): Estimates: 0.60 0.467 0.30 (High Mean Low)
• Blackrock (BLK): Estimates: 2.17 1.901 1.68 (High Mean Low)
• State Street (STT): Estimates: 1.14 1.022 0.80 (High Mean Low)

Wednesday October 21, 2009 (before market open)

• Morgan Stanley (MS): Estimates: 0.56 0.286 0.11 (High Mean Low)
• Wells Fargo (WFC): Estimates: 0.50 0.364 0.04 (High Mean Low)
• US Bancorp (USB): Estimates: 0.33 0.267 0.17 (High Mean Low)

Tweet

Major Bank Earnings This Week

"Sell the news" event? We shall see. (The banks below will all report before the market open.)

Wednesday October 14, 2009

• J.P. Morgan Chase (JPM): Estimates: 0.65 0.49 0.32 (High Mean Low)

Thursday October 15, 2009

• Citigroup (C): Estimates: -0.07 -0.21 -0.51 (High Mean Low)
• Goldman Sachs (GS): Estimates: 4.75 4.237 3.82 (High Mean Low)

Friday October 16, 2009

• Bank of America (BAC): Estimates: 0.08 -0.067 -0.33 (High Mean Low)

Morgan Stanley (MS) and Wells Fargo Bank (WFC) will report next week.

I can't see why they would miss. Big fat spread between their borrowing and lending, increased fees and APRs on consumer credits (JPM, C, BAC), profitable trading operations in the bond market, stock market, and commodities market (flash trading is still legal and going strong), LBO coming back...

Tweet