Reply To: Traders Market Weekly: Balancing Expectations, Earnings and Money Flow

#62112
Truman
Participant

JPMorgan Chase (JPM 152.67, +3.80, +2.6%): beats by $0.40, beats on revs; excluding First Republic, the provision was $1.7 billion, reflecting net charge-offs of $1.4 billion and a net reserve build of $326 million

Wells Fargo (WFC 45.07, +1.36, +3.1%): beats by $0.10, beats on revs; 2023 net interest income is expected to grow 14% yr/yr, up from prior guidance of +10%

BlackRock (BLK 728.08, -11.72, -1.6%): beats by $0.76, reports revs in-line; $831 billion increase in AUM since year-end 2022