Evercore Anticipates Weaker Third‑Quarter Guidance from Banks

Evercore’s research team has warned that banks are likely to issue third‑quarter earnings guidance that falls short of market expectations. The investment‑banking firm cited a slowdown in loan growth, tighter regulatory capital requirements, and a muted demand for corporate financing as key factors driving the softer outlook. While the consensus previously pegged net income growth at roughly 12 % year‑over‑year, Evercore now expects a more modest rise, with several major banks projecting earnings that are 3‑5 % below the consensus. The firm’s analysts also noted that the tightening of credit standards and a gradual easing of interest‑rate pressures could further dampen revenue growth across the sector. Investors will be watching the upcoming earnings releases closely for confirmation of the forecasted slowdown.