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BNKZ - U.S. Banks Disappoint. But Are There Bright Spots Ahead?
October, 21 2020 06:11 AM
Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - BNKZ
Earnings have fallen more than 50% this year because of slow loan growth, lower margins, and higher provisions. The excess capital over regulatory minimums should give investors confidence banks can weather further headwinds. Future risks include lower for longer interest rates and the potential for higher taxes in the coming quarters. For further details see:
U.S. Banks Disappoint. But Are There Bright Spots Ahead?
Stock Information
Company Name:
Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - BNKZ
Stock Symbol:
BNKZ
Market:
NYSE
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