Analysts on Wall Street project that Bank of America (BAC) will announce quarterly earnings of $0.86 per share in its forthcoming report, representing an increase of 3.6% year over year. Revenues are projected to reach $26.61 billion, increasing 4.9% from the same quarter last year.Over the last 30 days, there has been an upward revision of 0.8% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forec ...

Key Takeaways CVS reduced its leverage ratio to 4.32 from 4.70 at 2024-end, aiming for a low 3X long-term range. Strong Q1 cash flow and no 2025 buybacks reflect CVS' commitment to prudent capital allocation. Aetna's margin recovery and ACA plan exits support CVS' push toward normalized leverage levels.Back in 2021, CVS Health (CVS) outlined in its earnings presentation its long-term target to bring its leverage ratio — defined as Adjusted Net Debt divided by adjusted earnings before interest, tax, deprec ...

Welcome back. Well, the big banks all passing the Federal Reserve's annual stress test, but that's not the only reason the stocks have been heading higher over the past month. Well, our Leslie Picker joins us now with more.Hi Leslie, good to see you. What What's been driving them higher. Hey, well, good to see you, too.So, they've certainly been moving upward. The S&P bank's industry group surging to a fresh record today once again. investors driving up these names on just a slew of indications that the reg ...

Fintech stock Upstart Holdings Inc (NASDAQ:UPST) is breaking above its June closing highs, as well as its 200-day moving average and year-to-date anchored volume-weighted average price (AVWAP). Earlier this week, the shares bounced near peak put open interest at the 50-strike, and are now breaking above the $55 pivot point from a November earnings gap. This area acted as support in January, then resistance in March and May, and could be a key area moving forward. The 65-strike call dissipates next week, whi ...

Core Viewpoint - The Federal Reserve has voted to advance a proposal that would ease the "enhanced supplementary leverage ratio," impacting the capital banks must hold against low-risk assets [1][2]. Group 1: Proposal Details - The Fed board voted 5-2 to advance the proposal, which will now be open for public comment for 60 days [2]. - Under the proposed reform, the capital banks must set aside will depend on their role in the global financial system, equaling half of their "GSIB surcharge" [3]. - Currently, banks are required to hold a flat percentage of capital against all assets, treating lower-risk assets similarly to high-yield ones, which penalizes banks for holding Treasuries [4]. Group 2: Background and Rationale - The current requirement was established after the 2008 financial crisis and has been increased over the years, with banks arguing it restricts their ability to trade in lower-risk assets like Treasury bonds [5]. - Fed officials supporting the change believe the current requirement discourages large banks from facilitating trading in the Treasury market [5]. - Fed Chairman Jerome Powell stated it was "prudent" to reconsider the rule, while some governors oppose the changes, citing concerns over the size of the capital requirement decrease [6]. Group 3: Industry Response - The banking industry has lobbied for reform, claiming the current rule limits their ability to extend credit and participate in the government debt market [7]. - Critics argue that recent market volatility makes it an inappropriate time to roll back capital requirements [7].

the Fed announcing a proposal that was well telegraphed, well expected that does ease some capital requirements for the biggest banks uh in this country. It's responsible for uh the rise that you see there in the big banks over the last uh few weeks really and and today as well. So the details in the proposal effectively reduce capital uh tier one capital requirements by 1.4% uh for the biggest banks.uh they say that would release capital of about $13 billion for those purposes. At their deposiitories uh in ...

Paul, sit there for just one second. We've got some breaking news coming out on Fed capital requirements. We'll come back to this in just a second.Let's bring in Leslie Picker. Leslie, what's the latest. Hey, Kelly.Yes, the Fed announcing a proposal that was well telegraphed, well expected that does ease some capital requirements for the biggest banks uh in this country. It's responsible for uh the rise that you see there in the big banks over the last uh few weeks really and and today as well. So the detai ...

市场洞察 - 重点报道 --- Market Insights - Marque e Market Insights | Markets | Equities 市场洞察 | 市场 | 股票 Eq Positioning and Key Levels 股票持仓与关键⽔平 Please see below for a consolidated recap of the various GS positioning metrics. 请⻅下⽅⾼盛各类仓位指标的综合回顾。 Summary: 摘要： -3.3bn last week. In the US, we have this cohort long 21bn. Estimates over the next week and month are mostly for sale, but the magnitude is small. 1. CTA Corner: We model CTAs long $75bn of global equities (64 th percentile) after selling CTA ⻆：我们模型显⽰，CTA 持有 750 ...

BROOMFIELD, Colo., June 11, 2025 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) today announced it has amended its existing credit facility to enhance financial flexibility. The amendment comes as the Company prepares for the possible exercise of a put/call option related to the 40% ownership interest in Arcadia Products, LLC ("Arcadia") not presently owned by DMC. DMC currently holds a 60% controlling interest in Arcadia, with the remaining 40% owned by a joint venture partner. Under Arcadia's governin ...

Focus of Article The focus of PART 1 of this article is to analyze Rithm Capital Corp.'s (NYSE:RITM) recent results and compare several of the company's metrics to 17 mortgage real estate investment trust (mREIT) peers. This analysis will show past and current data with supporting documentation. Table 1a will compare RITM's investment composition, recent leverage, hedging coverage ratio, and change in investment portfolio size to the 17 mREIT peers. Table 1b will compare RITM's BV, economic return (loss), a ...