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Hovde Group cuts bank earnings view across the board amid a ‘competitive battle of historic proportions’ over deposit funding costs

By: MarketWatch

June 14, 2023 at 08:07 AM EDT

Mid-quarter updates from regional banks have revealed that second-quarter profit projections are 'dramatically too high,' Hovde analysts said.

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Financial News

Hovde Group cuts bank earnings view across the board amid a ‘competitive battle of historic proportions’ over deposit funding costs

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