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Sell bank shares?

As you probably know, the profitability of banks depends heavily on the prime rate. As it is to be expected that this will fall again in the next few years, bank profits should also fall again. What is your opinion? Sell or hold? For information: Hold at present $BG (-0,65%) and $RBI (+0,26%)

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4 Commenti

immagine del profilo
Sell everything immediately, they will all expire worthless........(no investment advice)
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immagine del profilo
In my view, you can keep them both. Interest rates or not, Austrian banks are doing well in Eastern Europe and should there actually be a "peace settlement", they would benefit more from the reconstruction
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immagine del profilo
Are you trading or investing for the long term? Did you only buy them for a certain phase? If you ask yourself these questions, you will find your answer ;)
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I also have Bawag in my portfolio and am keeping it.
Let's be honest. The loans for houses are usually long-term. In other words, it takes years until less comes in.
And most banks charge outrageously high interest rates of well over 10% for overdrafts. Not much will change in the short term.
And if that's not enough, the account fees will simply be raised ;-)
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