Q4'24 Inside The Buy-Side® Earnings Primer®

This Week in Earnings: U.S. Banks – Q1’23

Fundamentally, U.S. Banks largely produced solid results, posting record profits and revenues. By charging higher rates on loans without substantially increasing the rates paid to depositors, banks were able to support their headline figures.

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Commencing the Quarter – Q1’23

Following last quarter’s survey which found continued broad-based expectations for decelerating performance and global economic weakness but less draconian views first identified in Q3’22, this quarter’s survey identifies a notable disconnect between investor sentiment and executive tone, with investors more bearish and bracing for impact.

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