Super-Regional banks will likely face a tough third quarter, with Y/Y earnings contraction expected across the entire group. Loan volume growth is poised to disappoint as rising interest rates and an uncertain economic environment dampen both the availability and demand for loans. With economic uncertainties, we anticipate a heightened focus on credit quality during conference calls, but we believe management will generally convey positive sentiment for all loan categories except office real estate.
Fundamental, Research
Super-Regional Banks: Q3 Earnings Preview
16 October 2023