|Day's Range||0.2000 - 0.2000|
The Zacks Analyst Blog Highlights: FS Bancorp, First Financial Northwest, BancorpSouth Bank, M&T Bank and PacWest Bancorp
While People's United's (PBCT) Q3 revenues and earnings are likely to have risen year over year, escalating expenses might have impeded revenue growth to some extent.
Morgan Stanley's (MS) Q3 results are likely to reflect adverse impact from slump in trading activities, weak investment banking and lower interest rates.
M&T Bank's (MTB) third-quarter 2019 results, slated for release on Oct 17, are expected to reflect benefits from an improved fee income scenario.
KeyCorp's (KEY) Q3 earnings are likely to reflect dismal lending scenario, lower interest rates and higher costs. However, improvement in mortgage banking business is likely to have offered support.
In the third quarter, decline in interest rates may have impacted bank's net interest margins, while strength in mortgage business and attractive valuations may have offered some relief.
PNC Financial's (PNC) Q3 earnings are likely to reflect muted net interest income due to disappointing commercial lending scenario. Yet, rise in consumer service revenues might support fee income.
Comerica's (CMA) Q3 earnings are expected to have been impacted by slowdown in commercial lending and interest rate cuts. Yet, rise in card fees and controlled expenses might have lent support.
The Q3 earnings season will most likely have been dismal for U.S. banks due to the impact of soft loan growth and decline in interest rates, along with muted trading and investment banking activities.
U.S. Bancorp's (USB) third-quarter 2019 results, slated for release on Oct 16, are expected to reflect benefits from an improved fee income scenario.
The coming week’s docket of economic reports and earnings releases comes just following the Trump administration’s announcement of a partial trade deal with China late last week.
Reputable billionaire investors such as Jim Simons, Cliff Asness and David Tepper generate exorbitant profits for their wealthy accredited investors (a minimum of $1 million in investable assets would be required to invest in a hedge fund and most successful hedge funds won't accept your savings unless you commit at least $5 million) by pinpointing […]
In a reversal in trend, Wells Fargo's (WFC) mortgage banking performance is projected to have improved in the July-September quarter. However, ongoing litigation hassles may escalate the bank's expenses.
Revenues from consumer banking business are expected to lend support to Citigroup's (C) Q3 performance. Decline in trading and investment banking revenues might reflect on bottom-line numbers.
First Republic's (FRC) Q3 results are likely to reflect lower investment management revenues, muted interest income and higher expenses.
Moody's Investors Service has assigned the rating of Aa2 to the proposed $87.3 million of New York State Housing Finance Agency (the "Agency" or "NYS HFA") Affordable Housing Revenue Bonds, 2019 Series N (Climate Bond Certified/Sustainability Bonds) and $13.62 million of Affordable Housing Revenue Bonds, 2019 Series O (Sustainability Bonds) (Collectively, the "Bonds"). Moody's also maintains a Aa2 rating on all outstanding parity debt issued under the Agency's General Resolution adopted on August 2007 (the "Resolution").
BUFFALO, N.Y., Oct. 10, 2019 /PRNewswire/ -- M&T Bank has invested $5 million into Blue Highway Capital, a growth equity fund created to jumpstart the growth of small companies in rural communities, the bank announced today. "Blue Highway's equity investments and its focus on local businesses in small towns and cities complement our community-focused banking model and the financial solutions we provide our business customers," said Allen Naples, M&T Bank regional president for Central New York, who was recently named to Blue Highway's advisory board.
BUFFALO, N.Y. , Sept. 18, 2019 /PRNewswire/ -- Effective Thursday, September 19, 2019 , M&T Bank (NYSE: MTB) will decrease its prime lending rate from 5.25% to 5.00%. About M&T Bank M&T Bank Corporation ...