Blogs
Discover our thoughts below;
Why is the cost of equity so high for banks?
At the Morgan Stanley financials conference 6 years ago investors were polled on where they thought the cost of equity for European banks would be at the end of that year. Not a single investor at...
Investor Days are no panacea
The popularity of Investor Days for Financial Services Companies is on the rise once more. There was a lull during Covid but in early June 2023 three European banks hosted such events and the total...
Q1 2023 Summary Report
The Q&A trends you really need to know… For Financials the Q1 2023 reporting season seemed to stumble from one troubled name to the next whilst managing to avoid outright contagion. The...
Q4 2022 Summary Report
The Q&A trends you really need to know… The crisis affecting SVB, Signature and the Swiss private banks occurred too late in the Q4 reporting season to really influence the overall trends in...
Q3 2022 Summary Report
The Q&A trends you really need to know… It has often been said that analysts asking ‘3 unrelated questions’ at company reporting sessions allows management wriggle-room to pick and choose which...
Q2 2022 Summary Report
The Q&A trends you really need to know… When research analysts hog the mic. and ask their usual ‘3 unrelated questions’ at a company’s quarterly results we believe they reveal far more than they...