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U.S. Banks Should See Higher Profits in 2017, but Plenty of Wild Cards Are in Play
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U.S. Banks Should See Higher Profits in 2017, but Plenty of Wild Cards Are in Play

S&P Global Market Intelligence
Standard & Poor's, 2016
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Editorial Rating

7

Qualities

  • Analytical
  • Innovative

Recommendation

US bank profits look set to grow in 2017, according to this expert analysis from S&P Global Market Intelligence. A steepening yield curve, along with the prospects of decreased regulation, increased deficit spending and lower corporate tax rates under the Trump administration are all tail winds. Nonetheless, any number of developments – geopolitical, macroeconomic and sector-specific – could spell trouble, so industry observers need to focus on the interconnectedness of many variables. getAbstract recommends this rigorous study, written for financial professionals, analysts, regulators and investors, for its thoroughness and accessibility.

Take-Aways

  • A number of factors, including regulation and global financial developments, will influence the bottom line of US banks in 2017.
  • Higher long-term interest rates, reflected in a steepening yield curve, could contribute to bank profitability.
  • Brexit, a slowing Chinese economy, diverging global monetary policies, geopolitical risks, heightened political populism and declining commodity prices could disrupt financial markets and US banks’ prospects.

About the Author

Standard & Poor’s is a global rating agency and a research and analysis organization.

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