- Third-quarter earnings of 75 cents a share beat consensus EPS estimate of 72 cents.
- ROA of 1.28%, ROE 11.6%.
- Average loans grow 2% sequentially, 4% year-over-year..
- Net yield on earning assets down 25 basis points quarter-over-quarter.
Forward guidance will be crucial for this sector, but also for the markets.
Another day, another Wells Fargo scandal. But this too shall pass.
The FDIC Quarterly Banking Profile for the fourth quarter of 2016 shows increasing exposures to construction and development loans, which are potential problems for these 14 community banks.