US Large Cap Banks Second Quarter Preview – ValueWalk Premium
Large Cap Banks CRE C&I loan growth 0714

US Large Cap Banks Second Quarter Preview

With second quarter earnings coming up, Credit Suisse Group AG (ADR) (NYSE:CS) has adjusted its earnings estimates for US large cap banks slightly to account for the falling trade revenues that bank executives have been warning us about for the last few months. Credit Suisse has increased its price target for PNC Financial Services Group Inc (NYSE:PNC) from $90 to $95, U.S. Bancorp (NYSE:USB) from $44 to $46 and Wells Fargo & Co (NYSE:WFC) from $50 to $56, even though WFC is the only one whose

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