Mark Batty Loan Quotations

Wells Fargo looks good. It had strong loan growth, credit quality remains stable, and the mortgage business looks robust despite higher interest rates.

People are worried about possible net interest margin compression and credit quality deterioration, as well as slowing consumer loan growth.

The bankruptcy issue is a one-time situation. Commercial and industrial loan growth was fairly strong and should be the key driver of earnings growth this year for the regional banks.