FMP
Jan 25, 2023 9:10 AM - Davit Kirakosyan
Zions Bancorp (NASDAQ:ZION) reported its Q4 results, with EPS of $1.84 coming in better than the Street estimate of $1.65. Revenue was $873 million, beating the Street estimate of $865.83 million.
Core bank results were solid with favorable spread revenue dynamics and tightly controlled expenses. Credit continues to be solid, though management remained conservative with a modest reserve build.
Management expects moderate growth across most categories, including higher loan balances, and increasing customer-related fees. Net interest income is expected to increase at a single-digit percentage rate for 2023, though spread revenues are likely to be pressured over the year from fewer rate increases and rising deposit costs.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...