By normal valuation metrics, the banking sector looks cheap. JPM reported a strong $1.59 quarterly earnings number this morning, better than the $1.39 expected. It did slightly miss revenue estimates ($25.1 bln vs. $25.8 bln …
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By normal valuation metrics, the banking sector looks cheap. JPM reported a strong $1.59 quarterly earnings number this morning, better than the $1.39 expected. It did slightly miss revenue estimates ($25.1 bln vs. $25.8 bln …
Continue reading