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Sink The Bismarck! Deutsche Banks Suffers A -73% Earnings Surprise

This is a syndicated repost courtesy of Confounded Interest. To view original, click here. Reposted with permission.

Perhaps Deutsche Banks should adopt the German Battleship “Bismarck” as its corporate logo.

Deutsche Bank released their Q2 earnings and generated a -73% earnings surprise.

dbes

At least it was better than the -200% earnings surprise in Q4 2015.

And like the Bismarck, Deutsche Bank’s earning per share estimate keeps sinking.

dbepsdata

If Deutsche Bank is the Bismarck, then the Royal Bank of Scotland is the HMS Hood (sunk by the Bismarck). And the Italian banks are the Conte di Cavour (sunk by the British attack on the Italian fleet at Taranto).

dbrbs

Wow. the EU bank fleet seems to be sinking everywhere.

eurobanksssss

Cheers!

 

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Wall Street Examiner Disclosure: Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. No endorsement of such content is either expressed or implied by posting the content. All items published here are matters of information and opinion, and are neither intended as, nor should you construe it as, individual investment advice. Do your own due diligence when considering the offerings of information providers, or considering any investment.

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