Hints and tips:
...Jefferies analysts estimated last week that the three banks should increase their revenue by £12bn between 2022 and 2025 as margins expand and assets grow modestly....
...The bank has guided that a 100 basis point increase in rates would “add $1.1bn to annualised net interest income”, Napier said....
...“The first one or two share placings should be positive liquidity events for RBS’s share price,” said Joseph Dickerson, banks analyst at Jefferies. “It is a very catalyst-rich share....
...The bank did not make any changes to its full-year targets, but UBS analyst Jason Napier said the figures looked “sustainable”, and predicted further outperformance....
...Jason Napier, head of European Banks Research at UBS, said “plans to grow revenues at stable margins, cut costs and generate surplus capital should reassure investor concerns”....
...Jason Napier, analyst at UBS, said: “Once clarity is had on one-off items in head office and outlook for these, we think the market will focus on Barclays’ attractive valuation and improving return profile...
...Similar noises are being made by Jason Napier and team over at UBS: If economies need a shot in the arm, short of helicopter money rate cuts are the only potent means of giving consumers more money to spend...
...Joe Dickerson, an analyst at Jefferies, says the aim to remove £800m of costs this year “is a positive development”. But more needs to be done....
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