Mmastodon BusinessBanking first seen 1 d ago, last 12 h ago, peak #4

Higher rates set to dominate banks' third-quarter earnings

Original: The impact of higher rates will dominate banks' 3Q earnings One key question during earnings season, which begins next w

US bank third-quarter earnings season begins next week, with the impact of higher interest rates expected to be the central theme. A key question is how much banks are willing to pay to retain deposits, as customers move money to higher-yielding alternatives. Analysts and investors will be watching deposit costs and their effect on margins.

Why now: Earnings season for major banks starts next week, putting deposit costs and rate impacts in focus.

US banksFederal ReserveAmerican Banker

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Evidence

• The impact of higher rates will dominate banks' 3Q earnings One key question during earnings season, which begins next week, is just how much banks are willing to pay to retain their deposits. https://www. americanbanker.com/news/the-im… · AlexJimenez@mas.to · 1

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