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Posted by
Two Blokes May 16 -
Filed in
Stock
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3 views
The net interest margin rose by more than expected in the first two quarters. The margin could continue to rise in the year ahead. I'm raising my margin estimate. Loan growth will be low in the year ahead because of upcoming HELOC sales as well as the trade war. I'm raising my EPS estimate to $2.97 from my previous estimate of $2.69. The main reason for the estimate update is the margin, which beat my expectations.
