Debt & Equity | January 24, 2023
Capital Markets Live
Bank Earnings Review Q4 2022 – A Great Year for Lending, Too Bad About Everything Else
Following up on our Q4 prediction piece, earnings from the largest banks fell in the fourth quarter, as revenue growth failed to outstrip the increases in loss provisioning and expenses. Investors were disappointed in the weaker-than-expected results, with a decline in non-interest revenue of particular concern. Market reaction was negative, with share prices falling on the news
~ Trepp
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