Wall Street Week Ahead: Bruised U.S. banks expected to report third quarter earnings decline

October 11, 2019 by  
Filed under News

The biggest U.S. banks are expected to kick off the earnings season on a sour note next week due to falling interest rates, which may have pressured net interest margins enough to cause the sector’s first year-over-year earnings per share decline in three years.

Source: Reuters Business News

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