The underlying trends look positive, and I'm encouraged by stability in the margin and strength in loan growth.
More Quotes from Joe Morford:
Growth will slow slightly for a variety of factors. There's a challenging rate environment, a bit slower economic growth and there could be a return to a more normalized credit environment, with higher credit costs and building of provisions.Joe Morford
The distraction from the integration of two companies is behind them. The focus has shifted to growing the bank in a competitive environment.
Joe Morford
Mortgage revenues were down for the quarter but at the same time (Wells) aggressively attacked the cost side of the business. We saw a 13 percent annualized drop in mortgage-related expenses in the quarter. That helps to preserve the bottom line.
Joe Morford
The bottom-line (earning-per-share) number was a little better than expected, but some of the underlying trends showed some softness, particularly the loan and deposit growth.
Joe Morford
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Clearness ornaments profound thoughts.Luc de Clapier
In the writing of memoirs, as in the production of shows, too much caution causes the audience to nod and think of other channels.
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There may be a point where I may decide to write an autobiography.
Pamela Stephenson