So, I'm thinking you have no clue at all how to read financial statements for banks, let alone comprehend them. Another one for the ignorant, I mean ignore pile.
LOL! Yeah, you're dad works for the fed and just broke all the rules about giving out non public information? Good bye child.
I've noticed that it doesn't always take the first time. I've also noticed that it can take several minutes before they disappear. It definitely isn't a well constructed script.
In that case I expect you'll be able to report that you made a ton of money taking advantage of this preplanned drop.
The Feds are talking of increasing the capital requirements for the 8 largest banks, markets overseas took a dump, interest rates are back down, trading revenue is off. Take your pick.
What do you mean they shoot themselves in the foot? Everything I'm seeing about this move is outside of their control.
If you can't make money from it, why keep it? As the article stated, some of those deposits the bank is required to keep from 40% up to as much as 100% in reserve. As a comparison, banks only keep about 3% in reserve on regular insured deposits. Money kept in reserve can't be loaned out or used for any other purposes. It costs money to keep money.
It never ceases to amaze me how someone who has a sentiment of "Strong Buy" can be so ignorant of something so basic and so important.
Please go back and hide in your cave. BAC first has to go through the next round of stress tests in Q1 2015, then any capital plans they have, including dividends and share buybacks, must be approved by the Feds based on those test results. I can virtually guarantee that dividends will NOT be raised to $1.00 per share. At the most we might see them double to 10 cents per share per quarter, but highly unlikely they would request more than that. They would like to get the share buybacks doing again as well. Good job on showing your ignorance though.
LOL! Do you have any clue at all how to read the financial reports for financial institutions? You do realize they are not the same as other companies? Welcome to ignore. You're in good company.
I know I've mentioned this before, but with plunging oil prices, and with interest rates still going down, the danger of deflation is currently greater than that of inflation. This does not bode well for banks, particularly if they get the double whammy of souring loans to the oil industry and narrowing Net Interest Margins. Could be rough for awhile if things continue in this direction.
Most likely a dividend increase has the most chance. Next would be a share buyback. Both depend on approval from the Feds after the next round of stress tests in Q1 2015. There is 99 and 44/100 chance there will never be a reverse split. In other words, ain't gonna' happen.
So, you're saying that Obama is responsible for the boom in fracking, a process most Democrats seem to hate? BTW, in case you hadn't noticed, OPEC's decision not to cut production seems to be a clear slap in the face for Obama from the Saudi's, who seem bent on playing a game of price chicken with the very producers of oil from fracking that you say Obama is responsible for. It's quite conceivable that the oil boom will collapse while still on Obama's watch. Will you give him credit for that as well?
Um, no it won't. It has to go through the stress tests and have capital plans approved by the Feds. All this will take place the first quarter of next year, just as it has in prior years.
Doesn't really matter. The real story is in the steadily increasing deposits and bank accounts. It's like being in the military. When the troops stop complaining is when you have to start worrying. :-)
Must be about time. When everyone starts calling this stock a "pig" and talk about it never going up again, they usually miss out on the next big jump. Very short memories around here.