Business · Companies · 2 days ago

U.S. banks expected to post strong third-quarter results despite weak shares

U.S. banks expected to post strong third-quarter results despite weak shares

U.S. banks are due to report their third-quarter results next week.

One analyst expects their underlying businesses to be strong, even though bank shares have been weak.

A steeper yield curve could help banks earn more from lending, especially in the fourth quarter.

The results will give investors a clearer picture of how the sector is doing.

Sources

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