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Letter "M" » Mark Batty Quotes
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«Wells Fargo looks good. It had strong loan growth, credit quality remains stable, and the mortgage business looks robust despite higher interest rates.»
Author: Mark Batty
«I give them high marks for positioning themselves for a challenging rate environment, and reducing their securities portfolio well in advance of other banks.»
Author: Mark Batty
«About 90 percent of our revenue comes from online advertising,»
Author: Mark Batty
«We currently have over 500,000 unique monthly users across our sites and the number just keeps growing.»
Author: Mark Batty
«In some markets we're seeing reasonably strong deposit growth and pretty much across the board, commercial and industrial, middle-market business loans are fairly robust. It's a sign the economy remains fairly strong.»
Author: Mark Batty
«The institutional business is very competitive. If you don't have meaningful scale, it's hard to compete.»
Author: Mark Batty
«Despite rising rates and competitive products elsewhere, such as money market funds, Wells Fargo posted strong deposit growth.»
Author: Mark Batty
«The bankruptcy issue is a one-time situation. Commercial and industrial loan growth was fairly strong and should be the key driver of earnings growth this year for the regional banks.»
Author: Mark Batty
«The yield-curve flattening has certainly been challenging for banks. The winners and losers will be decided on how well they can generate revenues faster than expenses are growing.»
Author: Mark Batty
«There are areas of weakness. It seems growth is difficult for banks, which I would attribute to a flat yield curve and higher funding costs.»
Author: Mark Batty
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