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But we saved everything 🙂.
Stephanie Link, managing director and portfolio manager at Hightower Advisors, highlights that BKX is at an all-time high fueled by strong fundamentals. Loans have increased for the 18th week in 21 to a record, while deposits are higher for the 16th week in 20. Year-over-year, loans are up 7.7%, the fastest growth in more than three years, and trading and investment banking revenues are both tracking higher.
Link has recently commented on accelerating growth at other firms. She highlighted Snowflake's 34% year-over-year increase in product revenue and its new $6 billion commitment from Amazon. In another note, she outlined SLB’s digital strategy, with management targeting 10-15% compound annual growth in digital revenue through 2030. These observations reflect a continued focus on rising fundamentals across sectors.