Jefferies Upgrades Four Major Dividend-Paying Banks Following Strong Q2 Earnings
Jefferies upgraded four major money center banks to 'Buy' following their strong second-quarter earnings reports, driven by robust net interest income (NII) growth, fee income, and capital markets performance. Goldman Sachs reported record first-half market results while Bank of America raised its full-year operating leverage guidance.
Topics: bank earnings capital markets performance dividend stocks net interest income (NII)