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Banks earnings fest: what a pile of…bankers

By Chris Bailey of Financial Orbit | Friday 24 February 2017


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Corporate earnings season really sorts out the analytical geeks from the also-rans especially when it is ‘banks’ week.  I sadly have been absent from writing pearls of wisdom on these pages recently as I have been up to my neck in global corporate disclosures and just the art of keeping up has taken up all of my time.  Once however it is ‘banks week’ I know the end is nigh…because the UK large cap banks are among the last to pucker up their insights.  We will generously muse that it is due to the complexity of their businesses and not inherent laziness…



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