CSGKF News and Press, Credit Suisse Group AG From 02/09/23

Credit Suisse Group AG (CS) Q4 2022 Earnings Conference Call February 09, 2023, 02:15 AM ET Company Participants Kinner Lakhani - Head of Investor Relations & Group Strategy and Development Ulrich Koerner - Chief Executive Officer Dixit Joshi - Chief Financial Offi...

The following slide deck was published by Credit Suisse Group AG in conjunction with their 2022 Q4 earnings call. For further details see: Credit Suisse Group AG 2022 Q4 - Results - Earnings Call Presentation

Summary Using data from the January 24th publication of the STOXX 600 Earnings Scorecard, 22Q4 earnings are forecasted at €125.1 billion (+9.5% y/y, -7.6% q/q) while revenue is forecasted at €1,380.8 billion (+0.9% y/y, -11.5% q/q). Furthermore, analysts have aggressively ...

Summary In Q4, we expect an outflow in assets under management and a CHF 1.6 billion loss. The bank's Return On Tangible Equity future projections are not justifying a potential upside. Credit Suisse is a purchase for the bravest. But here at the Lab, this is a no-go. A neutral rati...

Summary Harris Associates is an asset management firm that serves as the investment adviser to the Oakmark Funds. We are value investors. The Oakmark International Fund returned 23.0% for the quarter ended December 31. The biggest contributors to our performance during the quarter w...

Summary Harris Associates is an asset management firm that serves as the investment adviser to the Oakmark Funds. We are value investors. Oakmark Global Fund generated a 16.4% return in the fourth quarter. OAKGX certainly experienced the benefits of maintaining a global portfolio in...

Summary Magellan’s implosion really occurred with its “mensis horribilis” in December 2021. This write up stands back and looks at Magellan's longer-term valuation. There are options galore within Magellan, from undervalued meaningful investments to future perfo...

Summary East 72 Holdings is a unique Australian publicly listed investment company listed on National Stock Exchange of Australia and is a leveraged investment company. East 72 Holdings quarterly gross portfolio return was +13.3%. Investment strategists – usually bullish at t...

Summary In this rising rate environment, high quality banks will perform well while low quality banks will have a higher risk of bankruptcy. Ally is consistently profitable, going well below book, and trading for a low multiple. The only major risk in buying Ally is the macroeconomi...

Summary Credit Suisse Group AG reported a huge net loss for 3Q2022. The bank announced a full-scale restructuring program. The Swiss bank's stock plunged to muti-year lows after the results were announced. It is highly there will be a recession soon enough. The bank is...