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Zacks News
Wells Fargo (WFC) Rises 32.4% YTD: What's Driving the Stock?
by Zacks Equity Research
Robust fundamentals and efforts to move past legal hassles along with a sound liquidity position are likely to continue supporting Wells Fargo's (WFC) rally in the quarters ahead.
WSFS Financial (WSFS) to Buy Bryn Mawr Bank (BMTC) for $976.4M
by Zacks Equity Research
WSFS Financial's (WSFS) all-stock merger deal with Bryn Mawr Bank (BMTC) will be accretive to earnings over the next two years.
Bank of Princeton (BPRN) Rewards Investors With Share Buybacks
by Zacks Equity Research
Bank of Princeton (BPRN) announces a new share-repurchase program to enhance shareholder value.
6 Reasons to Add M&T Bank (MTB) Stock to Your Portfolio Now
by Zacks Equity Research
Strong fundamentals and growth prospects make M&T Bank (MTB) stock a wise investment option now.
Apollo (APO)-Athene (ATH) Merger to Create $29 Billion Firm
by Zacks Equity Research
The merger of Apollo (APO) and Athene (ATH) is expected help Apollo generate double of its 2020 earnings, post completion.
Shore (SHBI) and Severn Strike Merger Deal Worth $146 Million
by Zacks Equity Research
The Severn acquisition will mark Shore's (SHBI) entry into Anne Arundel County and bolster its performance, going forward.
KeyCorp (KEY) Boosts Digital Capabilities, Buys AQN Strategies
by Zacks Equity Research
KeyCorp (KEY) acquires analytics-driven consultancy firm AQN Strategies.
TriCo Bancshares (TCBK) Rewards Investors With New Capital Plans
by Zacks Equity Research
Trico Bancshares (TCBK) announces enhanced capital-deployment plans, which include a new share-repurchase plan and a hike in the quarterly dividend.
Citi (C) Revises Q4 Earnings Downward Due to Revlon Case Impact
by Zacks Equity Research
Citigroup (C) lowers its net income from $4.6 billion to $4.3 billion on account of $390 million increase in operating expenses as the bank lost the case against Revlon's creditors.
Citi, JPMorgan Expect Trading Revenues to Disappoint in Q1
by Zacks Equity Research
CFOs of Citi (C) and JPMorgan (JPM) expect the performance of trading revenues to be weaker than that reported in the year-ago quarter due to lower volatility.
M&T Bank Strikes Deal Worth of $7.6B With People's United
by Zacks Equity Research
M&T Bank (MTB) and People's United (PBCT) all-stock acquisition deal for a total market value of $7.6 billion will create a diversified, community-focused banking franchise.
M&T Bank Corporation (MTB) Up 3.8% Since Last Earnings Report: Can It Continue?
by Zacks Equity Research
M&T Bank Corporation (MTB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Citi (C) Suit to Recover Accidental Payment Faces Rebuke
by Zacks Equity Research
U.S. Judge passes a ruling against Citigroup (C) citing that creditors had no reason to believe that the transfer made by such a big bank was actually an accident.
M&T Bank (MTB) Ratings Affirmed by Moody's, Outlook Stable
by Zacks Equity Research
Moody's affirms M&T Bank's (MTB) ratings on its good liquidity position, stable earnings and solid asset quality. The rating outlook remains stable.
Top 6 Momentum Stocks for February Despite Recent Turmoil
by Nalak Das
We have narrowed down our search to six momentum stocks as the northbound journey of Wall Street is likely to resume soon. These are: AAPL, F, ALLY, CFG, COF and MTB.
Surging Earnings Estimates Signal Upside for M&T Bank Corporation (MTB) Stock
by Zacks Equity Research
M&T Bank Corporation (MTB) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Webster (WBS) Stock Declines 5.3% Despite Q4 Earnings Beat
by Zacks Equity Research
Webster Financial's (WBS) Q4 results reflect higher fee income, elevated expenses and a benefit to provisions.
M&T Bank (MTB) Q4 Earnings Beat Estimates on High Fee Income
by Zacks Equity Research
M&T Bank's (MTB) Q4 results reflect higher revenues, partly offset by escalating provisions and expenses.
Why M&T Bank (MTB) Might Surprise This Earnings Season
by Zacks Equity Research
M&T Bank (MTB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
M&T Bank (MTB) to Post Q4 Earnings: Is a Beat in the Cards?
by Zacks Equity Research
M&T Bank's (MTB) Q4 earnings might have been hurt by dismal lending scenario, lower interest rates and higher costs. However, improvement in mortgage banking business is likely to have aided.
Can Q4 Earnings Propel PNC Financial (PNC) Stock to New Highs?
by Zacks Equity Research
PNC Financial's (PNC) Q4 earnings are expected to have been gained from cost-control efforts and strong equity markets, offset by lower interest rates.
Bank of Hawaii (BOH) Q3 Earnings Top Estimates, Provisions Up
by Zacks Equity Research
Though Bank of Hawaii's (BOH) Q3 results reflect solid deposit growth and controlled expenses, falling expenses, rising provisions for loans and margin pressure are concerns.
First Horizon (FHN) Q3 Earnings Beat Estimates, Costs Rise
by Zacks Equity Research
Though First Horizon's (FHN) third-quarter 2020 results reflect solid deposit growth and higher revenues, escalating expenses and rising provisions for loans pose concerns.
Webster Financial (WBS) Q3 Earnings Top, Stock Up 11.2%
by Zacks Equity Research
Webster Financial's (WBS) Q3 results reflect higher fee income, elevated expenses and provisions along with margin pressure.
People's United (PBCT) Q3 Earnings Beat on Revenue Strength
by Zacks Equity Research
People's United's (PBCT) Q3 results reflect higher revenues, partly offset by escalating provisions and expenses.