Technical Analysis on BB&T Corp. and Synovus Financial Corp. - Credit Quality Improvements Benefiting Banks

Marketwired

NEW YORK, NY--(Marketwire - Oct 31, 2012) - The protracted low interest rate environment, sluggish economic recovery and tightening regulatory issues continue to pose a challenge to the Mid-Atlantic banks industry, within which BB&T Corporation and Synovus Financial Corp. operate. On the plus side a number of industry players have reported improved credit quality and accelerating loan growth in the third quarter. StBulls.com has initiated technical analysis on BB&T Corporation (NYSE: BBT) and Synovus Financial Corp. (NYSE: SNV) which serves the Regional - Mid-Atlantic Banks industry. These reports are free upon registration. Rest assured that there is no financial commitment to sign up on 

http://www.stbulls.com/registration.php

www.StBulls.com enthuses to bring the best from the internet under one roof, providing you with a one click opportunity to view what the market and financial researchers globally have to say about any particular bellwether stocks in any given financial environment. We work with a number of financial professionals and a dedicated team of researchers that use their acute knowledge to help you manage your understanding of the market. To be part of this community please sign up at

http://www.stbulls.com/registration.php 

In its recent third quarter earnings report, BB&T Corp. announced earnings of 70 cents per share, well above last year's 52 cents per share. The company was also successful in growing revenue by almost 16 percent year-over-year to $2.48 billion. Encouragingly BB&T continues to work towards diversifying its lending out of real-estate as it beefs up its commercial and industrial loans. However, it still has considerable exposure to problem assets. Read our technical analysis on BB&T Corporation by clicking on

http://www.stbulls.com/BBandTCorporation31102012.pdf  

Meanwhile, Synovus newly reported improved net income, as results received a boost from enhanced credit trends and ongoing expense control. However, a 7 percent decline in net interest income and a 45 percent fall in non-interest income, is concerning. Investors looking for technical analysis on Synovus Financial Corp. are encouraged to use the link below

http://www.stbulls.com/SynovusFinancialCorp31102012.pdf

About Street Bulls
STREET BULLS is committed to provide the investor community with sharp and timely trading and investing advice. Our aim is to help our readers achieve above-average returns from the markets and create wealth for themselves. Whether you are a first time investor, a seasoned pro, an "in and out" day trader or a long-term investor, our newsletters and trading advice will provide you with the information you need for success in today's volatile markets.

To view our disclaimer, use this link
http://www.stbulls.com/disclaimer.html.

Contact:
Contact Person:

Martin Peters
Marketing Consultant
info@stbulls.com

View Comments (0)