61.56 0.00 (0.00%)
After hours: 5:10PM EDT
|Bid||61.63 x 900|
|Ask||61.64 x 800|
|Day's Range||61.18 - 62.46|
|52 Week Range||59.00 - 99.61|
|Beta (3Y Monthly)||1.40|
|PE Ratio (TTM)||7.90|
|Forward Dividend & Yield||2.68 (4.36%)|
|1y Target Est||N/A|
Investors can approximate the average market return by buying an index fund. But if you buy individual stocks, you can...
Fifth Third Bank is eager to make it clear that entering the Bay Area market is part of a long-term strategy.
— the market indicator that has rattled Wall Street — has had a particularly pronounced effect on US regional banks, whose shares are among the worst performers of the past few weeks. Another result: in some cases, their shares appear to have started trading in lockstep with changes in the yield curve.
Wells Fargo & Co. has tapped Julia Wellborn to lead Private Wealth Management, part of the bank's Wealth & Investment Management arm. In the new role, she'll take the helm of the Private Bank and Abbot Downing.
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll look at...
Wells Fargo & Co said on Wednesday Julia Wellborn will become the head of Private Wealth Management, ending a months-long search for a leader following the retirement of Jay Welker last year. Wellborn joins Wells Fargo from Comerica Bank where she was head of wealth management. Prior to Comerica, she was a regional president at Wachovia Corp, which Wells Fargo bought in the throes of the financial crisis.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Comerica (CMA) have what it takes? Let's find out.
Shares of Comerica Inc. dropped 2.0% in premarket trading Wednesday, after the Texas-based regional bank reported a second-quarter profit and net interest income (NII) that missed expectations, and provided a downbeat NII outlook. Net income was $298 million, or $1.94 a share, after earnings of $326 million, or $1.87 a share, in the year-ago period. Adjusted EPS rose to $1.94 from $1.90, but was below the FactSet consensus of $2.00. NII increased to $603 million from $590 million, but missed the FactSet consensus of $609 million, as an increase in deposit costs and higher levels of funding to support loan growth offset an increase in average loans and an additional day in this year's quarter. For 2019, the company NII growth of 2%, while the FactSet consensus of $2.42 billion implies 2.8% growth. The stock has shed 9.5% over the past three months, while the SPDR S&P Regional Banking ETF has slipped 3.8% and the S&P 500 has gained 3.6%.
Capital One's (COF) Q2 earnings are expected to be driven by a marginal rise in interest income, while higher costs will likely be a headwind.
Modest loan growth and surge in fee income are expected to drive BB&T's (BBT) Q2 earnings. However, expenses are expected to increase slightly.
While People's United's (PBCT) Q2 top and bottom lines are anticipated to rise year over year, escalating expenses might impede revenue growth to some extent.
Dismal trading and investment banking performance, muted loan growth and low rates are expected to affect Morgan Stanley's (MS) Q2 earnings.
Second-quarter results of U.S. Bancorp (USB) are likely to reflect benefits from improved mortgage banking and higher demand for online services.
Dismal trading and investment banking performance as well as muted growth in interest income will hurt JPMorgan's (JPM) Q2 earnings. However, mortgage banking is likely to provide some support.
PNC Financial's (PNC) Q2 earnings are likely to reflect muted net interest income growth. Also, rise in consumer service revenues might support fee income.
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