European banks are expected to post another quarter of resilient earnings this week, supported by higher interest rates, improving loan growth and steady trading and investment banking activity, following a strong earnings season for major U.S. lenders, Reuters reported.
Analysts expect European banks to report healthy second-quarter results, although headline year-on-year profit growth is likely to be more modest than in previous quarters. Investors will also watch management commentary for signs that geopolitical tensions, particularly the Iran conflict, have begun to weigh on economic activity or business confidence across the region.
