នេះ​ជា​ចំនួន​ដែល​ធនាគារ​ធំៗ​បាន​ចំណាយ​ក្នុង​ត្រីមាស​មុន​ចំពេល​មាន​សម្ពាធ​អតិផរណា​កើនឡើង

Topline

Morgan Stanley and Bank of America were the latest major banks to report solid earnings on Wednesday, though both firms reported a smaller increase in expenses than rivals like JPMorgan Chase and Goldman Sachs, which faced surging compensation costs.

ការពិតសំខាន់

Unlike many of its rivals, Morgan Stanley largely kept a lid on compensation expenses, which were below analyst estimates and remained virtually unchanged from a year earlier at $5.49 billion.

Bank of America, meanwhile, saw a slight rise in noninterest expenses to $14.7 billion—6% higher than a year ago—due to higher pay for employees.

Both firms somewhat bucked the trend with their fourth quarter earnings on Wednesday with a smaller increase in expenses than rival banks, several of which have disclosed skyrocketing compensation costs.

Goldman Sachs said Tuesday overall operating expenses surged to $7.27 billion last quarter, 23% more than a year ago thanks to “significantly higher” pay for bank employees—with compensation costs alone jumping 31% to $3.25 billion due to “wage inflation.”

JPMorgan Chase reported last Friday that expenses jumped 11% to $17.9 billion, with the bank also slashing guidance on company-wide returns due to “headwinds” including wage inflation and other “inflationary pressures.”

Citigroup, meanwhile, saw a steep drop in profits—with net income falling 26% in the fourth quarter, while operating expenses increased 18% from a year ago to $13.5 billion amid “competitive pressure” on wages and pay. 

ហេតុការណ៍គួរឱ្យភ្ញាក់ផ្អើល:

Wells Fargo is spending less. Unlike rivals which saw surging costs, Wells Fargo’s non-interest expenses for the quarter came in at $13.2 billion, down nearly 11% from a year ago thanks to ongoing cost-cutting measures, the bank said Friday.

សាវតាសំខាន់

Morgan Stanley and Bank of America saw their stocks rally on Wednesday, each rising around 1.5%. Shares of other major banks weren’t so lucky in recent days, however, getting hit immediately after earnings. JPMorgan Chase saw its stock fall nearly 6% on Friday, while Citigroup fell over 2%. Wells Fargo was the exception, with shares jumping nearly 3% that day after its earnings beat. Shares of Goldman Sachs, meanwhile, fell 7% on Tuesday after reporting surging expenses and compensation for employees. 

អំណានបន្ថែម:

Stock Market Selloff Continues As Rates Surge, Goldman Sachs Falls 7% (ទស្សនាវដ្តី Forbes)

Here’s Why Big Bank Stocks Like JPMorgan Are Struggling Despite Solid Earnings (ទស្សនាវដ្តី Forbes)

នេះជាមូលហេតុដែលភាគហ៊ុនកើនឡើង បើទោះបីជារបាយការណ៍អតិផរណាធ្ងន់ធ្ងរផ្សេងទៀត (ទស្សនាវដ្តី Forbes)

ភាគហ៊ុនកើនឡើងបន្ទាប់ពីលោក Powell និយាយថា Fed មិនភ័យខ្លាចក្នុងការដំឡើងអត្រាការប្រាក់បន្ថែមទៀត ប្រសិនបើអតិផរណាខ្ពស់នៅតែបន្តកើតមាន (ទស្សនាវដ្តី Forbes)

Source: https://www.forbes.com/sites/sergeiklebnikov/2022/01/19/heres-how-much-more-big-banks-spent-last-quarter-amid-rising-inflation-pressures/