U.S. Banking Quarterly Comment: 4Q19 (U.S. Banks Close out 2019 With Solid, Albeit Softer Quarter) - Fitch Research

U.S. Banking Quarterly Comment: 4Q19 (U.S. Banks Close out 2019 With Solid, Albeit Softer Quarter)

U.S. Banking Quarterly Comment: 4Q19 (U.S. Banks Close out 2019 With Solid, Albeit Softer Quarter) - Fitch Research
U.S. Banking Quarterly Comment: 4Q19 (U.S. Banks Close out 2019 With Solid, Albeit Softer Quarter)
Published Feb 03, 2020
23 pages (14656 words) — Published Feb 03, 2020
Price US$ 999.00  |  Buy this Report Now

About This Report

  
Brief Excerpt:

...As expected, returns for nearly all of the largest U.S. banks included in this report were down on a sequential and YoY basis as revenues were broadly challenged from a lower rate environment and positive operating leverage was difficult to generate. We continue to expect returns throughout 2020 to be flat or modestly down as lower short-term rates keep pressure on revenues and margins on fee-generating businesses tighten. Meanwhile, banks will seek to keep expenses level during the year even as they spend on strengthening digital capabilities and expanding franchise footprints....

  
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: 4Q19 (U.S. Banks Close out 2019 With Solid, Albeit Softer Quarter)" Feb 03, 2020. Alacra Store. May 08, 2025. <http://www.alacrastore.com/fitch-credit-research/U-S-Banking-Quarterly-Comment-4Q19-U-S-Banks-Close-out-2019-With-Solid-Albeit-Softer-Quarter-RPT_10107473>
  
APA:
Fitch Research. (2020). U.S. Banking Quarterly Comment: 4Q19 (U.S. Banks Close out 2019 With Solid, Albeit Softer Quarter) Feb 03, 2020. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/fitch-credit-research/U-S-Banking-Quarterly-Comment-4Q19-U-S-Banks-Close-out-2019-With-Solid-Albeit-Softer-Quarter-RPT_10107473>
  
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