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Bank Earnings:Historical Results/2023 Q2: Difference between revisions
Bank Earnings:Historical Results/2023 Q2 (view source)
Revision as of 13:07, 14 July 2023
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!Remarks from bank heads | !Remarks from bank heads | ||
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!JP Morgan Chase | |||
|Revenue<ref>https://www.cnbc.com/2023/07/14/jpmorgan-chase-jpm-earnings-2q-2023.html?__source=androidappshare | |Revenue<ref>https://www.cnbc.com/2023/07/14/jpmorgan-chase-jpm-earnings-2q-2023.html?__source=androidappshare | ||
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!Wells Fargo | |||
|Revenue<ref>https://www.cnbc.com/2023/07/14/wells-fargo-wfc-2q-2023-earnings.html | |Revenue<ref>https://www.cnbc.com/2023/07/14/wells-fargo-wfc-2q-2023-earnings.html | ||
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|"As expected, net loan charge-offs increased from the first quarter. Consumer charge-offs continued to deteriorate modestly. Commercial charge-offs increased driven by a small number of borrowers in Commercial Banking, with little signs of systemic weakness across the portfolio, and higher losses in commercial real estate, primarily in the office portfolio." CEO Charlie Scharf said. | |"As expected, net loan charge-offs increased from the first quarter. Consumer charge-offs continued to deteriorate modestly. Commercial charge-offs increased driven by a small number of borrowers in Commercial Banking, with little signs of systemic weakness across the portfolio, and higher losses in commercial real estate, primarily in the office portfolio." CEO Charlie Scharf said. | ||
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!Citi Group | |||
|Revenue<ref>https://www.cnbc.com/2023/07/14/citigroup-c-q2-earnings-report-2023.html | |Revenue<ref>https://www.cnbc.com/2023/07/14/citigroup-c-q2-earnings-report-2023.html | ||