Preview: 5 Things to Watch For in Q2 Bank Earnings Reports
The second quarter of the year is officially in the books, and it could be one of the most interesting earnings reports for banks in recent memory -- not since the Great Recession have bank earnings been so widely anticipated.
While first quarter earnings reports were obviously a big deal, they only really accounted for a few weeks in March that had been affected by the coronavirus pandemic. January and February had actually been very solid months for banks. This quarter will show the impact of three full months of the virus on the economy, including an extended period of time where most states required citizens to shelter-in-place. Here is what to keep an eye on:
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Source Fool.com