economic, news-header
European banks are set for a better earnings season as bad loan payouts stabilize
19
Oct
Oct
With European banks gearing up to report third-quarter earnings as they look to continue a fragile recovery, analysts are expecting sharp reductions in loan loss provisions to drive a fragile stabilization. Across the pan-European Stoxx 600 index, aggregate third-quarter earnings are expected to decrease 36.7% from the same period in 2019, according to Refinitiv, with revenues […]