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Zacks News
Wells Fargo Seeks to Enter Student Loans Refinancing Market
by Zacks Equity Research
Wells Fargo (WFC) plans to enter student loan refinancing market to build relationships with the youth as this might help it lessen the impact of legal involvements.
M&T Bank's Wilmington Trust Nears End of 8-Year-Long Lawsuit
by Zacks Equity Research
M&T Bank (MTB) remains well provisioned to handle any litigation expenses.
Why Wintrust Financial Should be Added to Your Portfolio
by Zacks Equity Research
Wintrust Financial (WTFC) can be a promising buy right now, given its robust fundamentals and long-term growth opportunities.
Huntington Bancshares to Acquire Municipal Securities Firm
by Zacks Equity Research
Huntington (HBAN) continues to undertake strategic initiatives aimed at improving top line performance.
Here's Why You Should Hold U.S. Bancorp (USB) Stock for Now
by Zacks Equity Research
U.S. Bancorp (USB) remains committed to enhancing customers' value. Yet, several unresolved legal matters act as headwind.
Here's Why Northern Trust (NTRS) is a Must Buy Right Now
by Zacks Equity Research
Northern Trust (NTRS) can be a promising buy right now, with robust fundamentals and long-term growth opportunities.
Wells Fargo (WFC) Faces Probe for Improper Home Foreclosures
by Zacks Equity Research
Wells Fargo (WFC) undertakes restructuring of Wholesale unit while disclosing a new inquiry related to modifications in mortgage loans.
Wells Fargo (WFC) Closes Auto Lending Segment's Asset Sales
by Zacks Equity Research
Wells Fargo (WFC) sells about $1.6 billion in retail auto loans and $360 million in commercial loans to Popular's banking arm, Banco Popular de Puerto Rico, per all-cash deal announced in February.
The Zacks Analyst Blog Highlights: SunTrust Banks, M&T Bank, Capstar Financial Holdings, State Bank Financial and First Financial Northwest
by Zacks Equity Research
The Zacks Analyst Blog Highlights: SunTrust Banks, M&T Bank, Capstar Financial Holdings, State Bank Financial and First Financial Northwest
5 Bank Stocks to Buy as BOJ Chalks Out Policy Shift Plans
by Tirthankar Chakraborty
U.S. 10-year Treasury yield logged its biggest daily rise in seven weeks, tracking a massive move in Japanese rates, following reports that the BOJ could make changes to its monetary policy.
KeyCorp (KEY) Q2 Earnings Beat, Fee Income & Expenses Rise
by Zacks Equity Research
Rise in loans, higher rates and increase in fee income support KeyCorp's (KEY) Q2 earnings.
BancorpSouth's (BXS) Q2 Earnings Beat on Higher Revenues
by Zacks Equity Research
BancorpSouth's (BXS) Q2 results reflect rise in revenues and robust loan growth. Yet, worsening of capital position and higher expenses were major drags.
4 Big-Name Stocks to Buy on Blockbuster Q2 Earnings
by Tirthankar Chakraborty
We select four big names that have reported remarkable second-quarter results and are poised to scale north on solid fundamentals.
M&T Bank (MTB) Q2 Earnings and Revenues Beat, Expenses Up
by Zacks Equity Research
M&T Bank (MTB) reports higher Q2 earnings on the back of rise in revenues and improved credit quality.
M&T Bank (MTB) Q2 Earnings Improve Y/Y on Higher Revenues
by Zacks Equity Research
M&T Bank (MTB) came out with net operating earnings per share of $3.29 that compares favorably with $2.38 reported in the year-ago quarter, driven by higher revenues.
What to Expect From M&T Bank (MTB) This Earnings Season?
by Zacks Equity Research
M&T Bank's (MTB) Q2 earnings are expected to benefit from rising interest rates and loan growth.
KeyCorp (KEY) Rewards Investors With 42% Dividend Increase
by Zacks Equity Research
We remain optimistic about KeyCorp's (KEY) potential to continue enhancing shareholder value backed by strong cash-generation capabilities.
The Zacks Analyst Blog Highlights: JPMorgan Chase, Comerica, M&T Bank, KeyCorp and SunTrust Banks
by Zacks Equity Research
The Zacks Analyst Blog Highlights: JPMorgan Chase, Comerica, M&T Bank, KeyCorp and SunTrust Banks
The Zacks Analyst Blog Highlights: M&T Bank, Customers Bancorp, Metropolitan Bank Holding and Triumph Bancorp
by Zacks Equity Research
The Zacks Analyst Blog Highlights: M&T Bank, Customers Bancorp, Metropolitan Bank Holding and Triumph Bancorp
Is M&T Bank (MTB) Outperforming Other Finance Stocks This Year?
by Zacks Equity Research
Is (MTB) Outperforming Other Finance Stocks This Year?
BankUnited (BKU) Ratings Upgraded by Moody's, Outlook Stable
by Zacks Equity Research
Moody's Investors Service upgrades ratings of BankUnited (BKU) and its subsidiaries. Moreover, the outlook remains stable.
Will Legal Hassles Impact Wells Fargo's (WFC) Q2 Earnings?
by Zacks Equity Research
Wells Fargo's (WFC) mortgage business might have slowed down in the Apr-Jun quarter. Ongoing litigation hassles are predicted to have escalated the banking giant's expenses.
Will Flattish Trading Dampen Citigroup's (C) Q2 Earnings?
by Zacks Equity Research
Citigroup's (C) consumer banking business is expected to have performed well in the Apr-Jun quarter. However, flattish trading revenues are likely to have been recorded.
5 Major Bank Stocks Set to Outpace Earnings Estimates in Q2
by Zacks Equity Research
Modest loan growth, manageable expense levels, and strength in asset quality are expected to support results.
4 Top Bank Stocks to Buy Ahead of Q2 Earnings
by Tirthankar Chakraborty
For the Finance sector, with the Major Banks industry being the biggest earnings contributor, total Q2 earnings are expected to rise 18.4% from the same period last year on 3.8% higher revenues.