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Thursday, February 4, 2016

=Credit Suisse (CS) reported 4Q earnings on Thur 4 Feb 2016 (before open)

** charts before earnings **




** charts after earnings **








Credit Suisse misses by CHF0.53, misses on revs :
  • Reports Q4 (Dec) loss of CHF0.29 per share, CHF0.53 worse than the Capital IQ Consensus of CHF0.24; revenues fell 34.0% year/year to CHF4.21 bln vs the CHF5.04 bln single analyst estimate.
  • Negative impact from volatile market conditions and widening credit spreads on a number of legacy positions in fixed income business
  • Look-through CET1 ratio of 11.4%; Look-through CET1 leverage ratio of 3.3
  • Board of Directors proposes cash distribution of CHF 0.70 per share for 2015, with optional scrip alternative

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