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Stock impact report

What to Keep an Eye On in Q1 Bank Earnings Reports [The Motley Fool]

Stifel Financial Corporation (SF) 
Last stifel financial corporation earnings: 7/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: stifel.com/investor-relations
Company Research Source: The Motley Fool
With the first quarter of the year now in the books, all eyes are turning toward bank earnings reports, most of which will come out in April (unless some banks delay reporting). This particular quarter will be highly scrutinized because the initial impact of thecoronavirus pandemicIt will be interesting to see how banks' balance sheets fare from all of the expected mortgage deferments, businesses requesting extended lines of credit, and higher loan loss reserves. Analysts at Keefe Bruyette & Woods cut earnings estimates on March for "universal banks" by 8% for 00 and 0% for 0, citing rising unemployment, increased loan losses, and low interest rates that cut into net interest income. This is the first big economic test for banks since the Great and since significantly enhanced regulatory rules requiring banks to hold much larger amounts of capital were enacted.Here is what to keep an eye on as banks report Q earnings reports.Image source: Getty Images.Asset qualityRegardless of econ Show less Read more
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