Geopolitics Alpha

Asia’s Bank Earnings Herald Tougher Times Ahead

Published . Updated .

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GEOPOLITICS ALPHAAsia’s Bank Earnings HeraldTougher Times AheadGEOPOLITICS ALPHA

This report is about banks and Asia.

Directly affected

  • No company is named in this report.

Indirectly affected

  • XLF Financial Select Sector SPDR-1.4% 30d

    Financial Select Sector SPDR: it holds banks. Linked by “bank” (banks) in this story.

  • KRE SPDR S&P Regional Banking ETF-3.0% 30d

    SPDR S&P Regional Banking ETF: it holds banks. Linked by “bank” (banks) in this story.

  • AAXJ iShares MSCI All Country Asia ex Japan ETF-7.7% 14d

    iShares MSCI All Country Asia ex Japan ETF holds stocks listed in Asia, which this story is about (“asia”).

  • BAC Bank of America-11.4% 30d

    Bank of America (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story.

  • JPM JPMorgan Chase+0.1% 30d

    JPMorgan Chase (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story.

  • WFC Wells Fargo+4.4% 30d

    Wells Fargo (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story.

  • C Citigroup-7.0% 30d

    Citigroup (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XLF-3.78%-2.75%baseafter closeafter closeafter closeafter close
KRE-1.70%-0.54%baseafter closeafter closeafter closeafter close
AAXJ+1.96%-0.90%baseafter closeafter closeafter closeafter close
BAC-0.95%-4.00%baseafter closeafter closeafter closeafter close
JPM-2.45%-3.27%baseafter closeafter closeafter closeafter close
WFC-3.01%-1.76%baseafter closeafter closeafter closeafter close
C+0.79%-1.31%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Asia’s Bank Earnings Herald Tougher Times Ahead Bloomberg.com

Source: Bloomberg

This story

CompanyWhenMoveStatus
AAXJthree days earlier-0.90%final price
AAXJfive days earlier+1.96%final price
BACthree days earlier-4.00%final price
BACfive days earlier-0.95%final price
Cthree days earlier-1.31%final price
Cfive days earlier+0.79%final price
JPMthree days earlier-3.27%final price
JPMfive days earlier-2.45%final price
KREthree days earlier-0.54%final price
KREfive days earlier-1.70%final price
WFCthree days earlier-1.76%final price
WFCfive days earlier-3.01%final price
XLFthree days earlier-2.75%final price
XLFfive days earlier-3.78%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid “Asia’s Bank Earnings Herald Tougher Times Ahead” looks

12 out of 100

“Asia’s Bank Earnings Herald Tougher Times Ahead” scores 12 out of 100. The score uses 1 sources.