Banks will have improving earnings this quarter, says KBW CEO Tom Michaud
CNBC Televisionยท2025-07-14 16:08
Joining us here at Post 9 is Tommy Show, CEO of KBW, a steeple company, knows the sector inside out. Bar's a little bit higher after this stock performance. Tom, what do you expect.Yeah, it is. I I think it's going to be a good quarter for the banking industry. We're looking for 7% earnings per share growth becoming 14 for next year.There's revenue growth in the industry, which there hadn't been in a while. We think that credit costs are going to continue to be really well behaved. And we think that the fir ...