Stocks Brace for Bank Earnings after Recent Turmoil

Investors are bracing themselves for bank earnings after recent stock market turmoil. Futures for the Dow Jones Industrial Average slipped ahead of bank earnings, with analysts predicting mixed results for the country’s major financial institutions.

As the earnings season kicks off, many investors are looking to see how banks have been impacted by the recent economic downturn caused by the COVID-19 pandemic.

According to Zacks Investment Research, there are five charts that investors should pay attention to when examining bank earnings. These charts include net interest income, loan growth, expenses, credit quality, and capital levels.

Many large banks, including JPMorgan Chase and Bank of America, have been preparing to show their investors why they are not like Silicon Valley Bank (SVB), which saw its stock fall more than 17% following disappointing earnings earlier this week.

The Bloomberg Open, Americas Edition, is also underway, with Wall Street traders and professionals focusing on the latest market trends and news.

Investors and analysts will be keeping a close eye on bank earnings and other economic indicators as the coronavirus pandemic continues to wreak havoc on the global economy.