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U.S. Money Center Banks Q3 2020 Earnings Analysis: Drivers & Forecasts (JP Morgan, Citigroup, Bank of America & Wells Fargo)

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    Report

  • 85 Pages
  • October 2020
  • Region: United States
  • Investiger
  • ID: 5181445

Translate the Ocean of Business and Financial Data into Knowledge

This Data Science-powered report presents a forward-looking analysis of the latest financial results of the top four money center banks in the U.S. and explains the drivers behind sales and profits at global, segment, product and geography levels. Each important element is visualized and helps in forming a comprehensible understanding of ongoing company processes. The report also contains high-quality printable dashboards which enables grasping the “whats” and “whys” within a minute. It can be used to support important decisions, to win an executive argument, in a presentation or in strategic analysis.

Additionally, the report includes next-quarter forecasts derived from current company drivers and economic environment and contains expectations for the upcoming six to twelve-month period (when applicable). This knowledge helps not only to be perfectly informed but also continuously expands the circle of competence on companies, products, industries and geographies.



Public companies continually release materials such as earnings reports, industry and investor presentations or management discussions. Taken as they are, earnings reports divulge very little valuable information which is often kept scarce by the companies themselves on purpose.

The publisher's analysis brings meaning to earnings reports by providing the reasons behind reported numbers. The report answers questions such as: “Why net sales increased 0.5%?” or “Why pre-provision income fell 2.36%?”

It’s those answers that reveal the processes called drivers that are shaping a company’s future. Being aware of them gives the ability to act preemptively on events that will become known to the public months later.

Using this knowledge, the publisher starts assessing the direction and magnitude of each driver and predicts with a high level of confidence the company’s future performance. Their technology helps to selectively reduce the large volume of data into those nodes of information that carry real value and can empower personal knowledge in an efficient manner.

As an investor, business leader, adviser or money manager this will greatly reduce the margin of error when taking action against the upcoming risks that surround us.


Table of Contents


1. Foreword2. JPM: Introduction3. JPMorgan Q2 2020 Earnings Retrospection
4. JPMorgan Q3 2020 Earnings Analysis
4.1. Revenues
4.2. Pre-provision Income
4.3. Net Income
4.4. Operating and Net Margin
4.5. Net Interest Income
4.6. Interest Rate Spread
4.7. Noninterest Revenue
4.8. Segments
4.8.1. Consumer & Community Banking
4.8.2. Corporate and Investment Bank
4.8.3. Commercial Banking
4.8.4. Asset and Wealth Management

5. JP Morgan Forecast6. Citigroup: Introduction7. Citigroup Q2 2020 Earnings Retrospection
8. Citigroup Q3 2020 Earnings Analysis
8.1. Revenues
8.2. Pre-provision Income
8.3. Net Income
8.4. Operating and Net Margins
8.5. Net Interest Revenue
8.6. Interest Rate Spread
8.7. Noninterest Revenue
8.8. Segments
8.8.1. Global Consumer Banking
8.8.2. Institutional Clients Group
8.9. Geographic Regions
8.9.1. North America
8.9.2. EMEA
8.9.3. Latin America
8.9.4. Asia

9. Citigroup Forecast10. Bank of America: Introduction11. Bank of America: Q2 2020 Earnings Retrospection
12. Bank of America: Q3 2020 Earnings Analysis
12.1. Revenues
12.2. Pre-Provision Income
12.3. Net Income
12.4. Operating and Net Margins
12.5. Net Interest Income
12.6. Interest Rate Spread
12.7. Noninterest Income
12.8. Segments
12.8.1. Consumer Banking
12.8.2. Global Wealth & Investment Management
12.8.3. Global Banking
12.8.4. Global Markets

13. Bank of America Forecast14. Wells Fargo: Introduction15. Wells Fargo Q2 2020 Earnings Retrospection
16. Wells Fargo Q3 2020 Earnings Analysis
16.1. Revenues
16.2. Pre-Provision Income
16.3. Net Income
16.4. Operating and Net Margins
16.5. Net Interest Income
16.6. Interest Rate Spread
16.7. Noninterest Revenue
16.8. Segments
16.8.1. Community Banking
16.8.2. Wholesale Banking
16.8.3. Wealth & Investment Management

17. Wells Fargo Forecast18. Appendix 1: JP Morgan Q3 2020 Dashboard19. Appendix 2: Citigroup Q3 2020 Dashboard20. Appendix 3: Bank of America Q3 2020 Dashboard21. Appendix 4: Wells Fargo Q3 2020 Dashboard

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Executive Summary

The purpose of the Data Science analysis presented in this report is to uncover and assess the underlying drivers of the financial performance of the top four money center bank in the U.S.: JP Morgan, Bank of America, Citigroup and Wells Fargo. The picture distilled forms a comprehensive but thorough understanding of where each of the companies is heading in the near future.

In addition, the analysis includes quantitative and qualitative forecasts on the revenues and profitability of each of the four banks.


Companies Mentioned

  • Bank of America
  • Citigroup
  • JP Morgan
  • Wells Fargo

Methodology

The publisher employs advanced Data Science methods such as probabilistic inference and algorithmic reasoning to establish causal relations between outcomes such as company sales and profits, and the hidden processes that drive them. Furthermore, their methodology uses stochastic processes analysis to model and predict company performance in a period of three months ahead and formulate high-probability expectations for the next six to twelve month intervals. 

The publisher relies strongly on analyzing inherently uncertain streams of information and all analytical output represents the highest confidence results of a specific study with two or more such results presented in the report whenever they discovered that several factors had similar impact on a target variable. 

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