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Zacks News
Why Synovus (SNV) Should be Added to Your Portfolio Now
by Zacks Equity Research
Synovus Financial Corp. (SNV) is one such stock that not only beat estimates this time, but has also been witnessing upward estimate revisions, reflecting analysts' optimism about its future prospects.
Morgan Stanley's (MS) Top Line Shows Promise: Time to Buy?
by Zacks Equity Research
On May 18, we issued an updated research report on Morgan Stanley (MS).
Unkind Margin and Cost Might Upset Deutsche Bank (DB) Stock
by Zacks Equity Research
On May 17, we issued an updated research report on Deutsche Bank AG (DB).
KeyCorp Hikes Dividend by 11.8%: Time to Own the Stock?
by Zacks Equity Research
KeyCorp (KEY) announced an 11.8% rise in its quarterly cash dividend.
Why to Add Washington Federal (WAFD) Stock to Your Basket
by Zacks Equity Research
One such promising stock is Washington Federal, Inc. (WAFD). Based on its solid fundamentals, we believe it has plenty of upside potential. Also, the company is diligently involved in the capital deployment activities.
Sandy Spring (SASR) Acquires WashingtonFirst (WFBI)
by Zacks Equity Research
On Tuesday, Sandy Spring Bancorp, Inc. (SASR) and WashingtonFirst Bankshares, Inc. (WFBI) announced the merger of their subsidiaries, Sandy Spring Bank and WashingtonFirst Bank. The deal is expected to close in the fourth quarter of this year.
Why It's Worth Holding onto Huntington (HBAN) Stock
by Zacks Equity Research
On May 15, we issued an updated research report on Huntington Bancshares Incorporated (HBAN).
Wells Fargo (WFC) Hit with Lawsuit on Discriminatory Charges
by Zacks Equity Research
In a federal lawsuit filed against Wells Fargo & Company (WFC) on Monday, the City of Philadelphia claimed that the bank was engaged in discriminatory lending practices.
Why PNC Financial (PNC) Stock is an Attractive Pick Now
by Zacks Equity Research
The PNC Financial Services Group, Inc. (PNC) is one such stock that not only beat estimates this time, but also has been witnessing upward estimate revisions, reflecting analysts' optimism about its future prospects.
Wells Fargo (WFC) Targets Cost Cuts Post-Scandal
by Zacks Equity Research
At Investor Day held on May 11, Wall Street major Wells Fargo & Company (WFC) doubled the cost-cutting program in the wake of disclosure of malpractices related to opening of around two million bank and credit card accounts without customers' consent last year.
JPMorgan May Tap Growing Saudi Market with More Bankers
by Zacks Equity Research
In order to make the most of growing equity market and M&A activities in Saudi Arabia, JPMorgan Chase & Co. (JPM) plans to increase its number of bankers over there.
Revisiting the Trump Trade
by John Blank
The Regional Bank Make Good Examples of Trump Benefits.
Why Wintrust Financial (WTFC) Stock is an Attractive Pick?
by Zacks Equity Research
Wintrust Financial Corporation (WTFC) is one such stock that not only beat estimates this time, but also has been witnessing upward estimate revisions, reflecting analysts' optimism about its future prospects.
Why M&T Bank (MTB) Should be Added to Your Portfolio Now
by Zacks Equity Research
With organic and inorganic growth strategies, as well as a strong capital position, M&T Bank Corporation (MTB) can be a solid bet now.
5 Reasons to Add Morgan Stanley (MS) to Your Portfolio Now
by Zacks Equity Research
Morgan Stanley (MS) has been witnessing upward estimate revisions, reflecting analysts' optimism about its growth prospects.
Capital One (COF) Well Poised for Growth Despite Headwinds
by Zacks Equity Research
While Capital One (COF) should continue benefiting from strength in its credit card and online banking businesses, deteriorating credit quality and mounting expenses remain major concerns.
Wells Fargo Mulls Over Divesting Insurance Brokerage Unit
by Zacks Equity Research
Wells Fargo & Company (WFC) is considering sale of its insurance brokerage business, as reported by Bloomberg. Per the people familiar with the matter, the divesture might result in a return of about $2 billion.
3 Reasons to Add Comerica (CMA) Stock to Your Portfolio Now
by Zacks Equity Research
Comerica Incorporated (CMA) delivered a positive earnings surprise this time. The company benefitted from an increase in revenues and lower expenses.
The Zacks Industry Rank Highlights: Comerica, Northern Trust and PNC Financial Services Group
by Zacks Equity Research
The Zacks Industry Rank Highlights: Comerica, Northern Trust and PNC Financial Services Group
Revisiting the Trump Trade: Zacks Industry Rank Analysis
by John Blank
'Trump Trade' tangible benefits took two forms. One was a lower corporate tax rate, enhancing profit margins. The second was less Dodd-Frank regulation, cutting costs.
Northern Trust (NTRS) Q1 Earnings Beat, Expenses Escalate
by Zacks Equity Research
Riding on higher revenues, Northern Trust Corporation (NTRS) reported a positive earnings surprise of 1.9% in first-quarter 2017. Earnings per share came in at $1.09, beating the Zacks Consensus Estimate of $1.07.
Zacks Investment Ideas feature highlights: Apple, T-Mobile, Northern Trust, Fifth Third and MACOM Tech
by Zacks Equity Research
Zacks Investment Ideas feature highlights: Apple, T-Mobile, Northern Trust, Fifth Third and MACOM Tech
Northern Trust (NTRS) Tops Q1 Earnings on High Revenues
by Zacks Equity Research
Northern Trust came out with earnings per share of $1.09, beating the Zacks Consensus Estimate of $1.07. A rise in revenues was primarily responsible for this earnings beat.
Big Banks - NTRS, FITB, BKU - Q1 Earnings to Watch on Apr 25
by Zacks Equity Research
With two consecutive interest rate hikes by the Fed, big banks, which reported first-quarter 2017 results this earnings season, mostly managed to beat estimates with their top-line strength and lower provisions.
What's in Store for Northern Trust (NTRS) in Q1 Earnings?
by Zacks Equity Research
Will the upcoming earnings release help Northern Trust's (NTRS) stock in reversing the downtrend? Let's check out the factors that are likely to impact the results.