$GS (-1,04%)
$WFC (-1,75%)
$BAC (-1,69%)
$JPM (-0,04%)
Fed Stress Test Follow-Up:
All 22 major banks passed, remaining above their minimum CET1 capital requirements.
Strong signal of balance sheet resilience — bank stocks are surging in AH trading.
Postos
62$GS (-1,04%)
$WFC (-1,75%)
$BAC (-1,69%)
$JPM (-0,04%)
Fed Stress Test Follow-Up:
All 22 major banks passed, remaining above their minimum CET1 capital requirements.
Strong signal of balance sheet resilience — bank stocks are surging in AH trading.
🔹 EPS: $1.39 (Est. $1.24) 🟢; UP +16% YoY
🔹 Revenue: $20.15B (Est. $20.73B) 🔴; DOWN -3% YoY
🔹 NII: $11.50B (Est. $11.81B) 🔴; DOWN -6% YoY
🔹 Net Income: $4.89B; UP +6% YoY
🔹 Provision for Credit Losses: $932M; inline YoY
🔹 ROE: 11.5% (vs. 10.5% YoY)
🔹 ROTCE: 13.6% (vs. 12.3% YoY)
🔹 Efficiency Ratio: 69% (Flat YoY)
Balance Sheet Metrics (Average):
🔹 Average Loans: $908.2B; DOWN -2% YoY
🔹 Average Deposits: $1.34T; Flat YoY
🔹 CET1 Ratio: 11.1% (vs. 11.2% YoY)
🔹 Liquidity Coverage Ratio (LCR): 125%
Capital Returns:
🔹 Share Repurchases: $3.5B (44.5M shares)
🔹 Discrete Tax Benefit: $313M (or $0.09/share)
🔹 Gain on Servicing Sale: $263M (or $0.06/share)
🔹 Loss on Debt Securities Repositioning: $(149)M (or $(0.03)/share)
Segment Highlights
Consumer Banking & Lending:
🔹 Revenue: $8.91B; DOWN -2% YoY
🔹 Net Income: $1.69B; DOWN -1% YoY
🔹 Average Loans: $318.1B; DOWN -4% YoY
🔹 Average Deposits: $778.6B; UP +1% YoY
🔸 Credit Card Revenue: UP +2%
🔸 Auto Lending: DOWN -21%
🔸 Personal Lending: DOWN -10%
🔸 Home Lending: Flat YoY
Commercial Banking:
🔹 Revenue: $2.93B; DOWN -7% YoY
🔹 Net Income: $794M; DOWN -19% YoY
🔹 Net Interest Income: DOWN -13%
🔸 Higher treasury & investment banking fees helped offset rate pressure
🔹 Average Loans: $223.8B; Flat YoY
🔹 Average Deposits: $182.9B; UP +11% YoY
Corporate & Investment Banking:
🔹 Revenue: $5.06B; UP +2% YoY
🔹 Net Income: $1.94B; DOWN -2% YoY
🔸 Investment Banking Revenue: UP +13%
🔸 Commercial Real Estate: UP +18%
🔸 Markets Revenue: Flat
🔹 Average Loans: $277.3B; DOWN -2% YoY
🔹 Average Deposits: $203.9B; UP +11% YoY
Washington Post reports around 20% universal tariffs + Wells Fargo expresses skepticism about Tesla + Reorganization of Varta completed + Tradegate AG achieves new sales record + Tui set for recovery
Washington Post reports around 20% universal tariffs
Wells Fargo $WFC (-1,75%)expresses skepticism about Tesla $TSLA (-2,68%)
Reorganization of Varta $VAR1completed
Tradegate AG $T2G (+0,28%)achieves new sales record
Tui $TUI1 (+1,71%)set to recover, Hauck Aufhäuser advises to buy
Wednesday: Stock market dates, economic data, quarterly figures
08:00 DE: Business notifications (business start-ups) 2024
12:30 FR: ECB Director Schnabel, keynote at Masterclass of SciencesPo
14:00 ES: Governing Council member Escriva, speech at event of the Entrepreneurs Association
14:15 US: ADP Labor Market Report March Private Sector Employment PROGNOSIS: +120,000 jobs previously: +77,000 jobs
15:30 UK: Chancellor of the Exchequer Rachel Reeves, discusses the Spring Statement to the Treasury Committee
16:00 US: Industrial orders February FORECAST: +0.5% yoy previous: +1.7% yoy
16:30 US: Crude oil inventory data (week) from the government Energy Information Administration (EIA) previous week
21:00 US: US President Trump, announcement of reciprocal tariffs
21:45 EU: ECB President Lagarde, speech at the Sutherland Leadership Award
22:30 US: Fed Governor Kugler, speech on inflation expectations and monetary policy
Wells Fargo $WFC (-1,75%) has filed a lawsuit against JPMorgan $JPM (-0,04%) over a $481 million real estate loan. According to the complaint, which was made public on Monday, JPMorgan allegedly turned a blind eye to fraudulently inflated financial metrics during due diligence. Wells Fargo, as trustee for the affected investors, alleges that JPMorgan knew of the inflated historical net operating income, which was actually 25% higher than the realistic figure. Despite this alarming information, JPMorgan approved the loan, causing substantial losses to the investors who relied on the exposure to this loan.
At the center of this conflict is the loan that JPMorgan granted to the Chetrit Group. This group had acquired a total of 43 residential properties in several states in 2019. But the adventure took a turn: The borrower defaulted in 2022 and still owes more than USD 285 million today. Wells Fargo is now demanding that the loan be repaid or at least compensation for breach of contract. Surprisingly, both JPMorgan and the Chetrit Group have so far remained silent about the allegations, which only makes the situation even more tense.
In the US, credit risk ratios are at an all-time high this year, further fueling concerns about the economic situation. The Markit CDX North American Investment Grade Index has widened by 4.11 basis points and is on the verge of its highest close since August. These uncertainties, compounded by future spending, potential tariff changes and job cuts, are causing the bond market to decline. The Nasdaq 100 Index experienced a decline of almost 4%, the largest since 2022, and experts are warning of a looming recession that could be exacerbated by a drop in consumer spending. The situation remains tense and it remains to be seen how things will develop.
Sources:
https://finance.yahoo.com/news/wells-fargo-sues-jpmorgan-over-174511407.html
https://finance.yahoo.com/news/us-credit-risk-rises-tariffs-125354998.html
Dear community,
I have been investing for almost exactly 3 years now and pursue a dividend strategy with a "core" of 3 monthly saved ETFs.
After a personally difficult year in 2024, I am trying to keep my savings rate at € 200-300 per month in 2025.
This will be divided as follows:
50-100€ FTSE
30-50€ Europe
20-30€ EM IMI
The remaining approx. 100€ goes into my dividend share portfolio. I don't usually make any really strategic choices there to continue saving... I just save the ones I want... As I want to keep all the shares, I perhaps don't see any real reason to make a critical selection.
Maybe you can still give me some tips.
I would like to add 6 more dividend payers to my dividend portfolio in the future.
$CAT (+0,3%) , $CL (+1,66%) , $BATS (+0,5%) , $CSCO (+0,63%) , $SIE (-2%) , $WFC (-1,75%)
Thank you for your attention.
From the $HEI (+0,45%) and $WFC (-1,75%) sales, some cash goes into the clearing account and most of it into a small position $ADBE (-0,43%) . Although the stock has actually been performing well for a long time, an attractive opportunity could now present itself.
Dusted off perfectly and cheaply in the Corona Crash, a small partial position in Wells Fargo goes. As with $HEI (+0,45%) also sold with a massive plus today to take some risk out of the position and put it into a new investment.
$BTC (+0,17%)
$SOFI (+5,66%)
#bitcoin
Banks can now offer secure storage solutions for cryptocurrencies, serving institutional clients, private investors and businesses who want to store their digital assets in a trusted location.
Banks are now able to offer crypto solutions 🚀
Reminder: $SOFI (+5,66%) was essentially forced to divest its crypto business in order to obtain its banking license.
$SOFI (+5,66%)
$JPM (-0,04%)
$MS (-0,95%)
$WFC (-1,75%)
$HOOD (+14,66%)
$COIN (-1%)
$ETH (+0,21%)
$C (-0,03%)
$DBK (-4,14%)
$BAC (-1,69%)
"The US economy has proven to be robust. Unemployment remains relatively low and consumer spending remained strong through the vacation season. Businesses are more optimistic about the economy and are encouraged by expectations of a more growth-oriented agenda and improved cooperation between government and business."
"However, two significant risks remain. Current and future spending needs are likely to be inflationary and therefore inflation could persist for some time. In addition, geopolitical conditions remain the most dangerous and complicated since the Second World War. As always, we hope for the best, but are preparing the company for a variety of scenarios."
$C (-0,03%) , $WFC (-1,75%) , $BAC (-1,69%) , $DBK (-4,14%) , $SOFI (+5,66%) , $BLK (-0,34%) , $MS (-0,95%) , $HSBA (-1,44%) ,
Very strong result
Q4 Segment Performance:
Consumer & Community Banking (CCB):
Commercial & Investment Bank (CIB):
Asset & Wealth Management (AWM):
Operational Metrics:
Capital Distribution:
Financial Overview:
Comment from CEO Jamie Dimon:
Strategic focus and outlook:
$SOFI (+5,66%) 🚀, $WFC (-1,75%) , $JPM (-0,04%) , $MS (-0,95%) , $C (-0,03%) , $BLK (-0,34%)
🔹 EPS: $1.43 (Est. $1.34) 🟢; UP +66% YoY
🔹 Revenue: $20.38B (Est. $20.59B) 😑; DOWN -0.5% YoY
🔹 NII: $11.84B (Est. $11.70B) 🟢; DOWN -7% YoY
🔹 NIM: 2.70% (Est. 2.67%) 🟢; DOWN from 2.92% YoY
Profitability & Capital
🔹 Return on Equity (ROE): 11.7% (Est. 11%) 🟢; UP from 7.6% YoY
🔹 Return on Tangible Common Equity (ROTCE): 13.9% (Est. 13%) 🟢; UP from 9.0% YoY
🔹 Return on Assets (ROA): 1.05%; UP from 0.72% YoY
🔹 Common Equity Tier 1 (CET1) Ratio: 11.1% (Est. 11.2%) 🔴; DOWN from 11.4% YoY
Other Metrics:
🔹 Efficiency Ratio: 68% (Est. 64.9%) 🔴
🔹 Mortgage Banking Non-Interest Income: $294M (Est. $278.3M) 🟢
🔹 Provision for Credit Losses: $1.10B (Est. $1.22B) 🟢
🔹 Non-interest Expenses: $13.90B (Est. $13.29B) 🔴
🔹 Personnel Expenses: $9.07B (Est. $8.66B) 🔴
Deposits & Loans
🔹 Total Average Deposits: $1.35T (Est. $1.35T) 🟡
🔹 Total Average Loans: $906.4B
Segment Revenue
🔹 Consumer Banking & Lending: $8.98B
🔹 Commercial Banking: $3.17B
🔹 Corporate & Investment Banking: $4.61B
🔹 Wealth & Investment Management: $3.96B
Additional Commentary
🔸 “We are still in the early stages of seeing the benefits of the momentum building.”
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