Paul Davis, Director of Market Intelligence,
Strategic Resource Management
.
getty
Quarterly earnings are about more than just income statements and the balance sheet.
I have found over my career covering banks and credit unions that press releases can provide a treasure trove of disclosures that go well beyond a company's financial statements. You just have to know what to look for—and where to find useful information.
In the past two weeks, I have discovered that:
• A bank in northern Virginia expects its mortgage business to
break even
in the first quarter.