bank stocks

Midday Market Minute: Will the Bank Stock Rally Last?

Investors will hear from leaders in the banking industry this week, when Bank of America, Citigroup, JPMorgan, Goldman Sachs and Morgan Stanley report quarterly results. Bank stocks outperformed the broader market last year, but that trend may not last in 2013.

Financial Landscape: Banks Get No Love; OPEC Vs. OPEC

As a new week begins on Wall Street, nobody wants bank stocks, J.P. Morgan Chase hints at changes at the top, OPEC ministers tussle over crude, and airlines are in for some financial turbulence. In fact, the only good news is for France, which apparently won't lose the IMF over the DSK scandal.

The Dow Jumps as Oil Dips and Banks Rally

After a rough opening session on Monday, stocks rallied sharply on Tuesday. The Dow enjoyed a triple-digit gain after oil prices eased and bank shares bounced higher on the possibility of further dividend payouts and share buybacks.

For Big Banks, Dividends
Set to Make a Comeback

JPMorgan CEO Jamie Dimon is the latest bank exec to raise this enticing prospect, just in time for banks to start releasing earnings. Overall, Wall Street is expecting the big banks to post strong results, including improved credit quality and increased capital.

More People Repaid Credit Card Debt in October

U.S. credit card delinquencies fell in October to the lowest levels of the year as more people were able to restart payments on their consumer debt, The Wall Street Journal reported, citing company filings.

How Much Will Foreclosures Hurt Big Banks?

The current mortgage crisis could hurt bank earnings in several ways, not all of them directly related to the foreclosure problem. One big risk is "putbacks," the faulty loans banks could be forced to repurchase. JPMorgan puts that cost at up to $120 billion.

Face-Off on Stocks: Bank of America, JPMorgan Chase, Citigroup

The implosion of Lehman Brothers was just two years ago and yet Wall Street and the financial industry are still struggling to rebuild from the ashes. But as the economy recovers, are bank stocks good buys? Here are the bull and bear cases for three of the nation's biggest banks.

Morgan Stanley Shares Jump on Solid Earnings Report

Morgan Stanley's second-quarter earnings easily topped Wall Street's expectations as the investment bank swung to a profit from a year-ago loss on sharply higher revenue. Adjusted earnings were 80 cents per share, versus the 46-cent estimate.

Wells Fargo Earnings Beat Expectations

Wells Fargo reported that its second-quarter earnings fell to $3.06 billion, or 55 cents a share, from $3.17 billion, or 57 cents a share, in the year-ago quarter. This was well above analyst expectations for earnings of 48 cents per share.

Dow Dives 261 Points on Bank Earnings, Sentiment

Stocks fell sharply Friday after earnings from the nation's biggest banks disappointed investors and the latest reading on consumer sentiment plunged on job fears. The financial sector sold off more than 4%.

The Case for Buying Bank Shares Now

Some pros are aiming straight at the eye of the financial hurricane, buying into the besieged banks. Here's why: The uncertainty threatening them has dissipated, and banks will now start looking for new ways to profit from the new rules.

In Bank and Brokerage Stocks, Red Flags for the Market?

The drooping stocks of investment banks and brokerages have been diverging from the wider market in the last few months. Back in 2007, a similar trend preceded the market crash. Now, the sector's pattern could hold a wider warning for investors.

JPMorgan Preview: Less Banking, More Loans

When JPMorgan Chase reports earnings early Wednesday, analysts expect it to show earnings of 64 cents per share, up from 40 cents last year. Fees from investment banking will likely drop, but stronger loans could be a help.

The Long, Hard Road Ahead for Financial Stocks

Much like tech stocks after the dot-com bubble burst, financials today have survived another burst bubble, this time in credit. And much like tech stocks did, financials could be facing an extended stretch where survive is the best they can do. Thriving again isn't in sight.

We need good banks, not a bad one

You've asked people to give you ideas, so here's one: Don't recycle Bush's failed ideas and expect them to work. Each of those failed ideas has deep...