Making sense of earnings reports should be straight forward exercise. After all, a company’s bottom line is supposed to be a measure of its profitability.
How a company’s reported results compare to expectations has a direct bearing on its stock price performance. As simple as this process looks on the surface, it is anything but simple in the case of bank earnings reports — particularly in this current reporting cycle.
A ‘GAAP’ in Understanding
Accounting rules mandate … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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