Financials: Looking Ahead to Third Quarter Bank Earnings

Industry Focus

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4.6 • 854 Ratings

🗓️ 11 October 2021

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

With bank earnings set to start hitting the wire this week, host Jason Moser and Fool.com contributor Matt Frankel, CFP, take a look back at how the major U.S. banks fared in the second quarter. They also take a look at some of the biggest news stories about JPMorgan Chase (NYSE: JPM), Bank of America (NYSE: BAC), and Wells Fargo(NYSE: WFC), and give a rundown of what they'll be watching in the third quarter results.

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Transcript

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0:00.0	Welcome to Industry Focus. The Podcast that dives into a different sector of the stock market each day.
0:11.0	I'm your host Emily Flippin. I'm Jason Moser. I'm Nick Seyple. I'm Dylan Lewis. And today
0:16.0	we're talking financials. Today we're talking consumer goods. Wild Card Wednesday.
0:20.4	And we're talking energy. And today we're talking tech.
0:23.0	Let's dive in.
0:25.0	It's Monday October 11th.
0:28.0	I'm your host Jason Moser and on this week's financial show.
0:31.0	Folks don't look now but it's earnings
0:33.5	palooza. Yes that's right. Earnings season gets underway this week which
0:39.0	means we're excited and we're going to be hearing from a lot of banks here in the next few days
0:43.7	Joining me this week for a preview of it all. He's your friend in mind at CFP
0:49.2	Certified Financial Planner Matt Frank, how's everything going?
0:52.6	Good, I was just kidding you about you not referring to me as guest anymore, but I like
0:56.6	my friend is here.
0:58.6	Well, I mean, listen, if we're not friends, then what are we?
1:01.8	Exactly.
1:03.0	We're all friends at the monthly fool.
1:05.0	Exactly.
1:06.0	Um, Matt, it is that time of year again, right?
1:10.0	This is the week that kicks everything off.
1:13.3	Earning season is getting underway here and we've,
1:16.2	as every quarter, we've got the Big Banks leading the way.
	...

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