|Bid||0.00 x 800|
|Ask||142.11 x 1100|
|Day's Range||132.76 - 134.41|
|52 Week Range||108.45 - 152.29|
|Beta (3Y Monthly)||1.16|
|PE Ratio (TTM)||12.23|
|Earnings Date||Jul 17, 2019|
|Forward Dividend & Yield||3.80 (3.10%)|
|1y Target Est||142.14|
Citizens Financial's (CFG) Q1 earnings reflect expansion in net interest margin and higher fee income, partially offset by escalating expenses and provisions.
Regions Financial's (RF) Q1 earnings reflect expansion in net interest margin and lower expenses, partially offset by declining fee income.
First-quarter results of Signature Bank (SBNY) reflect higher net interest income and lower provisions, partially offset by fall in fee income.
Though Hancock Whitney's (HWC) Q1 performance reflects increase in revenues, as well as robust loan and deposit growth, higher expenses remain a concern.
SHANGHAI (AP) — China's economic growth held steady in the latest quarter despite a tariff war with Washington as Beijing's efforts to reverse a slowdown started to gain traction.
Comerica's (CMA) first-quarter 2019 results reflect higher revenues and improved credit metrics, partly offset by elevated expenses.
It will now be known as PNC Financial Institutions Advisory Group, a nod to the work it does advising banks and other financial services firms.
M&T Bank's (MTB) Q1 earnings benefit from higher revenues. Further, impressive improvement in credit quality and lower expenses support results.
Goldman Sachs and Citigroup reported earnings on Monday, April 15th before the market opened. Bank earnings are important for investors even if they don't own a bank stock. Research Analyst for ActionAlertsPLUS, ...
A rise in interest rates and the Trump administration???s tax cuts are primarily responsible for banks' encouraging first-quarter numbers.
Goldman Sachs' (GS) Q1 results reflect solid financial advisory revenues and expense management, partly offset by underwriting business and fixed income trading activities underperformance.
If stock buybacks face more restrictions, dividends may rise. Meanwhile, Goldman Sachs says that high dividend stocks should outperform the market.
Stocks got a solid boost on Friday, with the S&P 500 climbing about 55 basis points and the Dow Jones jumping over 90 basis points. Part of the rally in stocks came from banks, as the sector kicked off earnings.Let's look at a few more top stock trades going into next week: Top Stock Trades for Tomorrow 1: Chevron (CVX) Click to Enlarge Shares of Chevron (NYSE:CVX) are down about 5.4% to $119 in Friday trading after the company announced a $33 billion cash-and-stock takeover of Anadarko Petroleum (NASDAQ:APC).InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe move has APC moving higher, obviously, and CVX stock gapping below its 20-day and 50-day moving averages. * 7 Mid-Cap Stocks to Find the Market's Sweet Spot The next level of potential support comes at $118 and the 200-day moving average. However, I would be far more interested in a pullback down to the $108 to $110 area. From there, we'll have to determine the breadth of the stock, but it could be a good place to start accumulating CVX and its mighty dividend. Wells Fargo (WFC) Click to Enlarge Wells Fargo (NYSE:WFC) joined JPMorgan (NYSE:JPM) and PNC Financial (NYSE:PNC) in reporting earnings on Friday. Unlike its peers though, WFC stock is falling on its earnings report.Downtrend resistance (blue line) and the 200-day moving average continue to plague WFC, while $47 to $48 support has now given way.What should investors do? I have long preferred JPM or Bank of America (NYSE:BAC) and continue to feel that way now. WFC is trading poorly and investors now have to see if the $47 to $48 area, as well as the 20-day and 50-day moving averages will act as resistance.A retest of the December lows seems extreme, but certainly isn't out of the question. PG&E (PCG) Click to Enlarge This one still has life, apparently, with PG&E (NYSE:PCG) climbing 12% on Friday. More importantly, the move puts PCG over tough $20 resistance, while uptrend support, the 50-day and 10-day moving averages continue to ferry the stock higher.I don't particularly like PCG due to its volatility and more so at one point, its bankruptcy risk. Below $20 likely sends PCG back down to its 50-day moving average. Should $20 hold, a gap fill near $24 certainly isn't out of the question.Still, the name is too risky for me. Netflix (NFLX) Click to Enlarge Netflix (NASDAQ:NFLX) is down about 4.7% to $350 on Friday, after Disney (NYSE:DIS) revealed more info regarding its Disney+ streaming platform.To the dollar, we got exactly what we were looking for from Disney on its pullback going into this all-important event. Now the House of Mouse is ripping and NFLX is sagging.Worth pointing out is that Netflix will report earnings next week, so there's still potential for a big move. Earnings can either save the stock's recent decline or accelerate it dramatically.Look for $340 to hold up as support in the short-term, where the stock will also find its 200-day moving average. Below that and there are a few more levels where NFLX stock may find some reprieve, although below $300 would be cause for concern. While that would require a 16.6% decline from current levels, we've seen crazier things with this name.On the upside, look to see that NFLX can clear prior short-term uptrend support and short-term downtrend resistance near $370. If it can, $380+ could be on the table.For those who missed the move in Disney, it's probably best to wait for a pullback. Shares were already up big going into the event and today's 11% rally only adds to that condition. Square (SQ) Click to Enlarge Square (NYSE:SQ) kind of reminds of that Spotify (NYSE:SPOT) trade we hit earlier this week as it continues to poke its head through $76 and pullback.With its moving averages and uptrend support below, this creates a solid risk/reward setup in the name. A move over $76 could quickly get SQ to $78 or $79+ if it gains some momentum. Below $73 is concerning.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post 5 Top Stock Trades for Monday, Including Netflix and Wells Fargo appeared first on InvestorPlace.
U.S. stocks end higher Friday after a series of strong bank earnings, led by JPMorgan, boosted confidence in the U.S. economy while the Dow gained more than 200 points as Walt Disney shares soared.
Financial sector-specific exchange traded funds strengthened after J.P. Morgan Chase (NYSE: JPM) and PNC Financial Services Group (NYSE: PNC) helped kick off the earnings season with better-than-expected ...
PNC Financial Services earnings for the first quarter of 2019 have PNC stock heading higher on Friday.Source: Shutterstock PNC Financial Services (NYSE:PNC) reported earnings per share of $2.61 for the first quarter of the year. This is an increase over the company's net income of $2.43 from the same time in 2018. It was also a boon to PNC stock by matching Wall Street's earnings per share estimate for the period.Net income reported in the PNC Financial Services earnings release for the first quarter of 2019 comes in at $1.27 billion. The company's net income from the first quarter of 2018 was $1.24 billion.InvestorPlace - Stock Market News, Stock Advice & Trading TipsPNC Financial Services also notes that its net interest income for the quarter was $2.50 billion, which is down $6 million from the same time last year. It also saw noninterest income for the quarter drop by 3% from the same time in the previous year. The company notes that part of this decline is due to there being two less days in the quarter when compared to the first quarter of 2018. * 7 Marijuana Companies: Which Pot Stocks Should You Buy? The PNC Financial Services earnings report also includes revenue of $4.29 billion for the first quarter of the year. This is up from the company's revenue of $2.36 billion reported in the same period of the year prior. It was also a blessing to PNC stock by coming in above analysts' revenue estimate of $4.27 billion for the quarter.PNC stock was up 3% as of Friday afternoon and is up 8% since the start of the year. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post PNC Financial Services Earnings: PNC Stock Pops on Q1 Results appeared first on InvestorPlace.