GBA Presents: House of Gummy-!

As you can see, M&T has seen the largest positive earnings revision this year<--------

The best dividend in the group is M&T Bank. It yields more than 4%, the payout ratio is toward the lower end of the group, the bank is in a good spot from an excess capital perspective, and it has also seen its earnings revised higher this year.

THE No 1 REGIONAL BANK TO BUY IS M&T
 
T. Rowe Price's balance sheet. The company has no long-term debt, which is basically as pristine as a balance sheet can be. Thus, it has plenty of financial leeway as it awaits a market upturn. When that eventually comes to pass, T. Rowe Price's AUM will increase as the portfolios it manages also increase in value and investors return to the market. Which is exactly what has happened following previous downturns.
 
T. Rowe Price's business is driven by its assets under management (AUM), or the money it invests on behalf of others. That figure drives the top and bottom lines because of the fee-based nature of the business. More AUM leads to more income, less AUM leads to less income. In 2022 alone, T. Rowe Price's AUM fell roughly 25%, leading to a 37% decline in earnings. That's not good, but this is just par for the course for an asset manager. Bear markets follow bull markets and bull markets follow bear markets.
 
4.4% yield. TA Break Out. AUM should be ramping UP now-- should be reflected in next earn report.

No Debt/ pristine balance sheet--

YOUR GBA STOCK OF THE WEEK T ROW PRICE -

GBA Upgrade: T. Rowe Price Group, Inc. (TROW)
NasdaqGS - NasdaqGS Real Time Price.
113.26+1.24 (+1.11%)
 
July 4th will always be Granny's Birthday. My Boston Granny. She was as American as it gets. A battle axe.

On the 4th I like to think back on the amazing summers I spent at her house by the sea in Manchester MA- Those were the days. Granny drove a Willy army Jeep. I don't know why. She was in the Army sort of I have her Red Cross uniform I think it;s WW1~~~!! She drove ambulances in France...
 
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