Bank industry
Article Abstract:
The US banking industry is expected to acquire insurance and other nontraditional financial services lines with the passage of financial services reform legislation by the Congress in late 1999. The bank operating environment will be tougher in the year 2000 with asset quality and other problems, and some of the poorer performers will be acquired by the better financial performers. Investors need to be selective in their choices as there are few timely stocks in this industry.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Bank industry
Article Abstract:
Investment writeoffs, bad loans, and the weak US economy have hurt bank earnings in the year 2001. However, cost reduction programs and better loan management, along with a better economy should change this in 2002. Several of these stocks are timely for 2001 and offer good returns through 2006.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
Bank industry
Article Abstract:
The US economic slowdown, the terrorist attacks of Sep 11, 2001, and other factors will make bank earnings more difficult in the year 2002, but they may advance. Lower credit quality will be a hindrance, however. Investors need to be selective when evaluating these stocks.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 2001
User Contributions:
Comment about this article or add new information about this topic: