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Zacks News
Truist Financial (TFC) Subsidiary to Buy Kensington Vanguard
by Zacks Equity Research
Truist Financial's (TFC) subsidiary, Truist Insurance, has entered an agreement to acquire Kensington Vanguard. The transaction is expected to expand its business in title insurance.
Walker & Dunlop (WD) Set to Gain From GeoPhy Buyout: Here's How
by Zacks Equity Research
Walker & Dunlop's (WD) GeoPhy acquisition is expected to accelerate the company's brokerage and lending services in the real estate sector.
Moody's (MCO) to Expand in Africa, Buy Global Credit Rating
by Zacks Equity Research
Moody's (MCO) agrees to acquire 51% stake in Africa-based Global Credit Rating. The transaction can expand the company's footprint in the region.
Old National (ONB), First Midwest (FMBI) Merger Gets Fed Nod
by Zacks Equity Research
Old National (ONB), First Midwest (FMBI) merger receives the Fed's approval. This will expand the combined companies' commercial banking capabilities, retail footprint and wealth platform.
Valley (VLY) Gets Shareholders' Nod for Bank Leumi USA Buyout
by Zacks Equity Research
Valley National (VLY) receives shareholders' approval to acquire Bank Leumi USA. The acquisition can expand the company's technology and venture capital banking business.
Franklin (BEN) Concludes O'Shaughnessy Asset Management Buyout
by Zacks Equity Research
Franklin (BEN) strengthens its position as a separately managed accounts provider and boosts customization capabilities by purchasing O'Shaughnessy Asset Management.
Regions Financial (RF) Wraps Up Acquisition of Clearsight
by Zacks Equity Research
Regions Financial (RF) completes the acquisition of Clearsight. The buyout enhances its specialty capabilities and M&A advisory services, enhancing non-interest revenues.
Velocity Financial (VEL) Buys Majority Interest in Century
by Zacks Equity Research
Velocity Financial's (VEL) acquisition of Century will expand the former's commercial mortgage product offerings and augment the ability to offer new products to its broker network.
Zacks Industry Outlook Highlights: Walker & Dunlop, Ellington Financial and Velocity Financial
by Zacks Equity Research
Zacks Industry Outlook Highlights: Walker & Dunlop, Ellington Financial and Velocity Financial
3 Mortgage & Related Services Stocks to Watch as Mortgage Rates Rise
by Devyani Chamria
Portfolio diversity and digitalization will aid players in the Zacks Mortgage & Related Services industry, including WD, EFC and VEL, amid headwinds like rising mortgage rates and home price appreciation.
Velocity Financial (VEL) Q3 Earnings and Revenues Beat Estimates
by Zacks Equity Research
Velocity Financial (VEL) delivered earnings and revenue surprises of 9.52% and 14.58%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Velocity Financial (VEL) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
by Zacks Equity Research
Velocity Financial (VEL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Earnings Estimates Moving Higher for Velocity Financial (VEL): Time to Buy?
by Zacks Equity Research
Velocity Financial (VEL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Velocity Financial (VEL) Q2 Earnings and Revenues Beat Estimates
by Zacks Equity Research
Velocity Financial (VEL) delivered earnings and revenue surprises of 66.67% and 3.09%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Earnings Preview: Velocity Financial (VEL) Q2 Earnings Expected to Decline
by Zacks Equity Research
Velocity Financial (VEL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
4 Breakout Stocks You Must Add Right Away to Your Portfolio
by Nitish Marwah
The logic behind this strategy for stock selection is to identify stocks that are trading within a narrow band.
3 Mortgage & Related Services Stocks to Battle Industry Woes
by Devyani Chamria
The Zacks Mortgage & Related Services industry players like WD, EFC and VEL are poised to brave the industry's near-term challenges backed by their portfolio diversity and digitalization efforts.
Velocity Financial (VEL) Soars 36.6%: Is Further Upside Left in the Stock?
by Zacks Equity Research
Velocity Financial (VEL) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Earnings Preview: Velocity Financial (VEL) Q4 Earnings Expected to Decline
by Zacks Equity Research
Velocity Financial (VEL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Velocity Financial (VEL) Moves 6.1% Higher: Will This Strength Last?
by Zacks Equity Research
Velocity Financial (VEL) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.