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Daniel Tabbush

Daniel Tabbush
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Tabbush Report

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30 Aug 2024 09:06

Haitong Securities - Portugal Bank Goodwill Impairment Surge | Overall: High Costs, Poor Revenue

Profit down 75% YoY and revenue down 32% YoY in latest results just out for 1H24. Risks still remain for this company, and potentially worsening...

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22 Aug 2024 13:18

BEA - Far Worse Deterioration in Hong Kong than Other Regions & Sharply Lower HFD Centa City Index

BEA just released 1H24 net profit - not good. Granular data shows most deterioration in HK region. HFD in real estate, lending suggests this is not...

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19 Aug 2024 15:22

Australia Banks - Negative Loan Growth Reaches August 2021 Levels

With NAB results and peers, it is worthwhile keeping in mind this HFD on insolvencies, which has been for some time, pointing to worsening credit...

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19 Aug 2024 15:11

NAB - Profit Slightly Down in 3Q, Credit Costs Collapsed, but Bad Loans Are Rising Significantly

NAB reported its 3Q24 results with profit down slightly, but the figure is exaggerated with sharply lower credit costs, despite much higher bad...

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16 Aug 2024 10:53

US Banks & Economy - HFD Mortgage Data Shows Weekly Improvements, Credit Growth Improving in US

HFD on mortgage loans is improving substantially, not suggestive of a weakening economy, impending recession. Overall loan growth is also...

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