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Zacks News
Will Mortgage Banking Aid Wells Fargo's (WFC) Q4 Earnings?
by Zacks Equity Research
Wells Fargo's (WFC) mortgage banking performance is projected to have improved in the December-end quarter. However, ongoing litigation hassles may have escalated the bank's expenses.
CIT Group Completes Mutual of Omaha Bank Buyout for $1B
by Zacks Equity Research
The acquisition of Mutual of Omaha Bank is likely to be accretive to CIT Group's (CIT) earnings, going forward.
Huntington Plans to Shutter Branches in Giant Eagle Stores
by Zacks Equity Research
In order to consolidate branch footprint, Huntington Bancshares (HBAN) plans to cut down number of branches by 30 in Giant Eagle Stores.
BancorpSouth (BXS) Gets Regulatory Nod to Buy Texas First
by Zacks Equity Research
BancorpSouth (BXS) receives regulatory approval to buy Texas First Bancshares and thus, expand presence in the Central Texas region.
Major Regional Bank Stocks Outlook Rosy on Decent Loan Rise
by Swayta Shah
While lower interest rates pose a major undermining factor, an improving domestic economy, decent loan demand and efforts to digitize operations are likely to aid major regional banks.
Valley National Closes Oritani Deal, Expands in New Jersey
by Zacks Equity Research
Valley National (VLY) completes the acquisition of Oritani Financial, thus expanding its presence in New Jersey.
Fifth Third Expects MB Financial Buyout to Boost Revenues
by Zacks Equity Research
Fifth Third's (FITB) acquisition of MB Financial is expected to reduce expenses and boost revenues by creating synergies.
Valley National Gets Shareholder Approval for Oritani Deal
by Zacks Equity Research
Valley National (VLY) receives shareholder approval to close the acquisition of Oritani.
ConnectOne Gets Regulatory Nod for Bancorp of New Jersey Deal
by Zacks Equity Research
ConnectOne (CNOB) receives regulatory approval for the acquisition of Bancorp of New Jersey.
Fulton Financial Completes Buyout of APS Wealth Management
by Zacks Equity Research
Fulton Financial's (FULT) bank subsidiary acquires APS Wealth Management.
Bank Stock Roundup: Q3 Earnings in Full Swing; RF, FITB, COF Post Decent Numbers
by Swayta Shah
Decent Q3 results and relatively positive management comments support major banks' price performance.
BOK Financial (BOKF) Beats on Q3 Earnings, Revenues Up Y/Y
by Zacks Equity Research
While rise in revenues, and loan and deposit balances support BOK Financial's (BOKF) Q3 earnings, escalating expenses, along with fall in net interest margin, hurt.
Fifth Third (FITB) Q3 Earnings Top Estimates, Revenues Rise
by Zacks Equity Research
Fifth Third Bancorp's (FITB) third-quarter 2019 results reflect solid fee income growth, partially offset by higher expenses and provisions.
Fifth Third (FITB) Q3 Earnings Beat Estimates, Revenues Up
by Zacks Equity Research
Fifth Third (FITB) came out with adjusted earnings per share of 75 cents (including certain one-time items), beating the Zacks Consensus Estimate of 73 cents on top line strength.
Will Soft Lending Hurt Fifth Third's (FITB) Q3 Earnings?
by Zacks Equity Research
Fifth Third's (FITB) Q3 results are expected to reflect higher fee income. Lower interest income might have hurt the bottom line.
Bank Stock Roundup: Q3 Earnings Season Unfolds, JPMorgan, BofA & Citi Top Estimates
by Zacks Equity Research
Investor sentiment upbeat on banks' Q3 earnings, with the major players displaying top-line strength on the back of higher fee income and loan growth.
Can Value Investors Consider Fifth Third (FITB) Stock Now?
by Zacks Equity Research
Let's see if Fifth Third (FITB) stock is a good choice for value-oriented investors right now from multiple angles.
Valley National (VLY) Gets Regulatory Nod for Oritani Deal
by Zacks Equity Research
Valley National (VLY) receives regulatory approval from the OCC to close the acquisition of Oritani Financial.
Fifth Third Displays Revenue Strength, Expenses Increase
by Zacks Equity Research
While Fifth Third (FITB) is poised for revenue growth, supported by rise in loans and higher rates, increasing costs are a key concern.
Why Fifth Third Bancorp (FITB) is a Great Dividend Stock Right Now
by Zacks Equity Research
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Fifth Third Bancorp (FITB) have what it takes? Let's find out.
Bank Stock Roundup: Q2 Earnings in Full Swing, Fifth Third Beats Estimates
by Zacks Equity Research
Investor sentiment upbeat on banks' Q2 earnings, with the financial firms displaying top-line strength with higher rates and a decent lending scenario.
BOK Financial (BOKF) Q2 Earnings Beat Estimates, Revenues Up
by Zacks Equity Research
BOK Financial's (BOKF) second-quarter 2019 earnings reflect rise in revenues, partly offset by elevated expenses and provisions.
Northern Trust (NTRS) Q2 Earnings Beat, Revenues Decline
by Zacks Equity Research
Northern Trust's (NTRS) second-quarter 2019 results reflect expansion of margin and improved credit quality, partly muted by escalating expenses and lower fee income.
Are You Looking for a High-Growth Dividend Stock? Fifth Third Bancorp (FITB) Could Be a Great Choice
by Zacks Equity Research
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Fifth Third Bancorp (FITB) have what it takes? Let's find out.
Fifth Third (FITB) Q2 Earnings Top Estimates, Revenues Rise
by Zacks Equity Research
Fifth Third Bancorp's (FITB) second-quarter 2019 results reflect solid growth in loans and deposit balances, partially offset by higher expenses and provisions.