The Numbers That Matter For Each Big Bank This Quarter

Bank earnings season kicks off this week, but not all investors will be focusing on the same details. Here’s what Deutsche Bank analyst Matt O’Conner’s says investors in each of these top banks should be watching for.

Bank of America Corp BAC 0.99%

Look for the company to boost energy reserves by an estimated $400 million each in Q1 and in Q2 and to continue cost cutting.

Citigroup Inc C 0.13%

Revenues will be down and expenses will likely be higher year-over-year (Y/Y), but forward cost guidance will be key.

Goldman Sachs Group Inc GS 1.49%

Will weaker revenues lead to a decline in the recent 42 percent comp rate?

JPMorgan Chase & Co. JPM 1.15%

A lower bar could produce a positive revenue surprise, and investors should look for additional cost-cutting targets.

Morgan Stanley MS 1.57%

Expected annual revenue growth should be in the 3–5 percent range, but cost savings are a bit of a wildcard.

Citizens Financial Group Inc CFG 1.18%

Investors should be looking for an explanation for why the company believes that EPS will “ramp sharply” from this point forward.

Huntington Bancshares Incorporated HBAN 0.6%/KeyCorp KEY 0.26%

How much of an impact will declining rates have on the earnings power of Firstmerit Corp FMER 0.27% and First Niagara Financial Group Inc. FNFG 0.2% and will KeyCorp miss on weakness resulting from its energy reserve build?

Regions Financial Corp RF 3.07%

Energy reserve boosts could drive…

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