Category: Earnings

The Great Mark to Market

As we roll into Q3 bank earnings after knowing the 10Y yields spiked in the last couple of months, the question(s) become: Its difficult to find any issues in reading through JPM’s Q3 earnings. This thing is an absolute juggernaut, and capital issues are not a problem. But it is worth noting a 4% decline […]

Capital One Q4 ’22 Results are in

Capital One is a fun bank to write about because of the unique make up of their loan portfolio. Pulling some numbers from their 4th Quarter Balance Sheet: Did your eyes catch what stands out in those numbers? Capital One generates a lot of interest income off of credit cards. What do we know generally […]