U.S. Banking Quarterly Comment: 3Q19 (Margins March Down but Fees Provide Stability to Returns) - Fitch Research

U.S. Banking Quarterly Comment: 3Q19 (Margins March Down but Fees Provide Stability to Returns)

U.S. Banking Quarterly Comment: 3Q19 (Margins March Down but Fees Provide Stability to Returns) - Fitch Research
U.S. Banking Quarterly Comment: 3Q19 (Margins March Down but Fees Provide Stability to Returns)
Published Nov 06, 2019
23 pages (14332 words) — Published Nov 06, 2019
Price US$ 999.00  |  Buy this Report Now

About This Report

  
Brief Excerpt:

...On a dollar-basis, bottom line results for the majority of the 19 large U.S. banks included in this report were modestly down compared to the prior year's quarter. While some of this decline in absolute operating performance was driven by one-time episodic items at individual banks (BAC, COF), results were also negatively impacted by the challenging rate environment. Reserve builds at most banks along with negligible operating leverage also created headwinds for bottom lines, sending the median reported return on average assets (ROA) ratio down 20bps from a year ago....

  
Report Type:

Special Report

Company(ies)
Wells Fargo & Company , State Street Corporation , State Street Bank and Trust Company , SunTrust Banks, Inc. , Merrill Lynch & Co/USA , MORGAN GUARANTY TRUST CO OF NEW YORK ET AL , Keycorp , Huntington Bancshares Inc. , Wachovia Corporation , Bank of New York Mellon Corp/The , Bank of America Corporation , SunTrust Banks Inc , Wells Fargo Bank, National Association , BNY Mellon National Association , Associates First Capital Corporation , Bank of America NA , The Bank of New York Mellon , Wachovia Bank, N.A. , Merrill Lynch & Co., Canada Ltd. , The Goldman Sachs Group, Inc.
Issuer
ZAO Citibank
Format:
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Cite this Report

  
MLA:
Fitch Research. "U.S. Banking Quarterly Comment: 3Q19 (Margins March Down but Fees Provide Stability to Returns)" Nov 06, 2019. Alacra Store. May 09, 2025. <http://www.alacrastore.com/fitch-credit-research/U-S-Banking-Quarterly-Comment-3Q19-Margins-March-Down-but-Fees-Provide-Stability-to-Returns-RPT_10100043>
  
APA:
Fitch Research. (2019). U.S. Banking Quarterly Comment: 3Q19 (Margins March Down but Fees Provide Stability to Returns) Nov 06, 2019. New York, NY: Alacra Store. Retrieved May 09, 2025 from <http://www.alacrastore.com/fitch-credit-research/U-S-Banking-Quarterly-Comment-3Q19-Margins-March-Down-but-Fees-Provide-Stability-to-Returns-RPT_10100043>
  
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