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RBC’s Cassidy: Tailwinds growing for banks into earnings season
CNBC Television· 2025-10-13 22:23
Market Focus & Investment Opportunities - Investors are highly interested in banks with strong investment banking and trading operations due to anticipated strong performance in Q3, driven by robust capital markets [2] - Consumer credit trends, particularly within banks holding large credit card portfolios like Wells Fargo, will be a key area of investor focus [3] - M&A activity is expected to increase in 2025-2026, with the Fifth Third's acquisition of CoAmerica for $11 billion potentially marking the start of a consolidation trend [7] Bank Valuations & Rerating Potential - Banks, on average, are still valued slightly below the cyclical highs of January 2018, with some like JP Morgan at very high valuations [6] - A full credit cycle needs to be observed to determine if banks deserve a permanent rerating, as credit performance is crucial to bank profitability and is tested during economic downturns [5] - Regional banks could outperform money center banks in 2026 if the economy grows at 15%-2%, the Fed cuts rates by another 50 basis points, and the yield curve steepens [11][12] Regional Banks & Net Interest Income - Net interest income, a strength of regional banks, is expected to grow faster than anticipated under a scenario of healthy economic growth, Fed rate cuts, and a steeper yield curve [11] - Loan growth, fueled by a resilient economy and increased capital expenditures financed by commercial loans, could further boost the performance of regional banks [12] M&A Considerations - Fifth Third's acquisition of CoAmerica was unique because it was not dilutive to tangible book value per share, a key focus for Fifth Third's CEO [8] - Expect more deals over the next 12-24 months [8]
X @Kraken
Kraken· 2025-10-13 15:28
RT Kraken Pro (@krakenpro)Trading smarter starts with risk management.🎬 In the first episode of Kraken Pro Playbook @Tradermayne explains how to master stop losses.🎥 Watch the video: https://t.co/cV5iyHuHPs ...
X @Mayne
Mayne· 2025-10-13 15:12
RT Kraken Pro (@krakenpro)Trading smarter starts with risk management.🎬 In the first episode of Kraken Pro Playbook @Tradermayne explains how to master stop losses.🎥 Watch the video: https://t.co/cV5iyHuHPs ...
X @Kraken
Kraken· 2025-10-13 13:46
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X @Kraken
Kraken· 2025-10-13 11:45
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X @Ash Crypto
Ash Crypto· 2025-10-13 08:00
You have to survive multiple shakeouts and crashes like these. You have to learn 100s of lessons from your mistakes and wait years for that one trade that will change your life forever. If it was easy everyone would be rich in crypto. This is the why only 1% make it here. ...
X @Crypto Rover
Crypto Rover· 2025-10-13 05:23
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X @Ansem
Ansem 🧸💸· 2025-10-12 23:02
if yall were around in 2017 you'd see those 20%+ 1-2 day nukes on bitcoin every 2-3 months & then we'd just V-bottom to all time highs the next week - was pretty funny to trade everyone would just knife catch on bitmex until you got one ...
X @THE HUNTER ✴️
GEM HUNTER 💎· 2025-10-12 22:43
RT ArchAI Viking (◉ - ◉) (@badviking1995)GN Warriors ⚔️🫡The Viking’s got his cookie 🍪 and duck 🦆All ready to rest before the next battle.Even heroes need sleep before they conquer charts and chains.Tonight, we dream. 🛌Tomorrow, we trade on @vooi_io https://t.co/OT1H3Y7Fuq ...
X @Crypto Rover
Crypto Rover· 2025-10-11 11:20
Don’t believe anyone who says they didn’t lose money in this dip.Everyone did, nobody saw a move of this magnitude coming.That’s why I’m fully transparent.I’ll be trading my $1M back up to $10M on Weex.I’m also launching a copy-trade feature soon.Apply for access to my private TG for trade updates.https://t.co/Dz95zdNNPM ...