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Zacks News
People's United (PBCT) Beats on Q3 Earnings, Revenues Rise
by Zacks Equity Research
People's United (PBCT) witness a rise in its loan and deposit balances, but expenses flare up.
M&T Bank (MTB) Lags Q3 Earnings Estimates, Revenues Rise
by Zacks Equity Research
M&T Bank's (MTB) Q3 results were impacted by a decline in fee income and increase in expenses. However, its strong capital position remains a tailwind.
M&T Bank (MTB) Lags on Q3 Earnings and Revenue Estimates
by Zacks Equity Research
M&T Bank (MTB) came out with net operating earnings per share of $2.24, lagged the Zacks Consensus Estimate of $2.40.
Will High Costs Impact People's United (PBCT) Q3 Earnings?
by Zacks Equity Research
People's United Financial (PBCT) scheduled to report third-quarter 2017 results on Oct 19.
What to Expect From USB, MTB and NTRS in Q3 Earnings?
by Zacks Equity Research
Loan growth and higher interest rates are expected to spur Q3 results of these major regional banks.
Should You Buy M&T Bank (MTB) Ahead of Earnings?
by Zacks Equity Research
M&T Bank (MTB) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat.
Why an Earnings Beat is Likely for M&T Bank (MTB) in Q3?
by Zacks Equity Research
Given a modest improvement in loans along with higher rates, M&T Banks' (MTB) NII is expected to improve.
Will Trading Slowdown Hurt Morgan Stanley (MS) Q3 Earnings?
by Zacks Equity Research
Improvement in investment banking fees might help Morgan Stanley (MS) to offset the impact of trading slowdown on its Q3 earnings.
Can Q3 Earnings Propel Comerica (CMA) Stock to New Highs?
by Zacks Equity Research
Comerica Incorporated (CMA) is expected to witness year-over-year growth in earnings and revenues in its third-quarter 2017 results.
What's in Store for PNC Financial (PNC) in Q3 Earnings?
by Zacks Equity Research
The PNC Financial Services Group (PNC) is expected to witness year-over-year growth in earnings and revenues in its third-quarter 2017 results.
Navient (NAVI) Sued for Abusive Student Lending Practices
by Zacks Equity Research
Navient (NAVI) has been accused by Pennsylvania attorney general of making predatory loans to college students.
Navient (NAVI) Buys Earnest for $155M to Enforce Digitization
by Zacks Equity Research
Wilmington-based Navient Corporation (NAVI) has entered into a cash-acquisition deal with San Francisco-based Earnest, a financial technology company, under which the former will acquire the latter for a total value of $155 million.
KeyCorp Closes Cain Brothers' Deal, Expands Health Advisory
by Zacks Equity Research
With an aim to expand healthcare advisory, KeyCorp's (KEY) corporate and investment banking unit, KeyBanc Capital, closes Cain Brothers' buyout.
Valley National Receives Fed Nod to Acquire USAmeriBancorp
by Zacks Equity Research
Valley National's (VLY) merger with USAmeriBancorp is expected to be accretive to earnings per share within 12 months from closing of the transaction.
Wells Fargo CEO Faces U.S. Senators' Fury Over Scandals
by Zacks Equity Research
Wells Fargo (WFC) CEO comes under fire at the Senator Banking Committee meeting held in Capitol Hill.
4 Reasons Why BlackRock (BLK) Stock is Worth a Buy Right Now
by Zacks Equity Research
BlackRock (BLK) appears to be a promising bet riding on strong organic growth, earnings strength and long-term growth opportunities.
Wells Fargo (WFC) Might Cringe With New Regulatory Penalties
by Zacks Equity Research
Wells Fargo & Company (WFC) likely to be charged with new penalties for issues related to car insurance and mortgage loans by the Office of the Comptroller of the Currency (OCC).
Citigroup to Settle 10-Year Old Dispute With Lehman Brothers
by Zacks Equity Research
Citigroup (C) will pay $1.74 billion to Lehman Brothers for wrongfully $2 billion deposits it held for trades.
Northern Trust Closes UBS Fund Servicing Units' Acquisition
by Zacks Equity Research
Northern Trust Corporation (NTRS) closes deal to acquire UBS Asset Management's fund administration servicing units in Luxembourg and Switzerland. This deal with UBS AG (UBS) was signed in February 2017.
BNY Mellon's (BK) Cost-Cutting Efforts to Aid Profitability
by Zacks Equity Research
Efficient cost-saving initiatives and easing margin pressure position BNY Mellon (BK) well for growth. However, concentration risk remains a concern.
Comerica Well Poised to Benefit From GEAR Up Initiatives
by Zacks Equity Research
Comerica's (CMA) efforts to improve operational efficiency along with strong capital position should drive its shares higher.
BofA to Pay $2.5M to Settle Trading Activity Investigation
by Zacks Equity Research
Bank of America (BAC) has agreed to pay $2.5 million to settle U.S. investigation into its trading activities.
6 Reasons That Make BancorpSouth (BXS) a Solid Pick Now
by Zacks Equity Research
BancorpSouth's (BXS) solid revenue growth, expenses management initiatives and steady capital deployment activities make it an attractive investment option.
BB&T Poised for Revenue Growth, Rising Costs Raise Concern
by Zacks Equity Research
Though increase in loans and deposits will aid in top-line growth, an elevated expense level remains a major near-term concern for BB&T Corporation (BBT).
5 Reasons to Add Citizens Financial to Your Portfolio Now
by Zacks Equity Research
Citizens Financial's (CFG) impressive earnings growth prospects, capital strength and initiatives to improve financials are expected to drive its performance.