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We've raised our long-term production forecast for Quicksilver's North Texas operations.
Morningstar's Dan Werner expects continued pressure on net interest margins, increased fee revenue, a focus on expense controls, and strong trading revenue for investment banks.
Banks have outperformed broader stocks in 2015, as investors are bullish on higher interest rates and credit quality has stayed strong.
Interest-rate fears bring utility and real estate valuations in line, but the broader market still looks fully valued.
We've undertaken a more detailed analysis of the systems in which banks operate and the 'moatiness' of their fee-earning businesses.