Eric Compton, CFA

Eric Compton, CFA, is director of equity research, technology, for Morningstar.

More From Eric Compton

Despite only marginal revenue growth, expenses were well-managed and allowed the bank's efficiency ratio and overall profitability to improve.

We’re raising our fair value estimate for the narrow-moat bank after the third-quarter earnings shows the firm firing on all cylinders.

Though a few banks ran into issues, the overall restrictions imposed by the Fed will not be that significant.

While we expect fee growth to moderate over the longer term, the wide-moat firm should hit a return on equity just over 16% longer term, post tax reform.

Key themes from the Barclays Global Financial Services Conference include continued efforts to improve operating efficiency and increasing capital returns to shareholders.

More About Eric Compton

Eric Compton, CFA, is director of equity research, technology, for Morningstar. He covers a variety of hardware- and software-related technology names across several industries while overseeing the technology team.

Before joining Morningstar in 2015, Compton was a business analyst for ESIS, a global provider of risk management products and a subsidiary of Ace Group. Before becoming technology sector director in late 2023, he was an equities strategist and covered the US and Canadian banking sectors. Compton joined Morningstar in 2015 as an associate on the financials team, covering banks for eight years before transitioning to the technology team.

Compton holds a bachelor's degree in applied health science from Wheaton College and a master’s degree in business administration, with high honors, from the University of Chicago’s Booth School of Business. He also holds the Chartered Financial Analyst® designation.

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