|Bid||47.54 x 4000|
|Ask||47.58 x 800|
|Day's range||47.12 - 47.87|
|52-week range||43.02 - 59.53|
|Beta (3Y monthly)||1.27|
|PE ratio (TTM)||10.53|
|Earnings date||16 Jul 2019|
|Forward dividend & yield||1.80 (3.73%)|
|1y target est||52.60|
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.
Why Bank of America’s Q1 Results Didn't Lift Its Stock(Continued from Prior Part)Bank of AmericaMost of the analysts providing recommendations on Bank of America (BAC) recommended a “buy.” Bank of America will likely post higher net interest
JPMorgan Chase chief financial officer Marianne Lake has been appointed head of the bank’s consumer lending and cards businesses, giving her operating units to run for the first time and increasing her chances of succeeding Jamie Dimon as chief executive. The bank’s two co-presidents, investment bank boss Daniel Pinto, 56, and consumer and community bank chief executive Gordon Smith, 60, are also seen as contenders.
Stock markets were mostly higher Wednesday after news that China's economy grew at a better than expected 6.4% annual pace in the last quarter failed to entice wary investors focused on weaker U.S. corporate earnings. Wall Street looked set for a tepid start, with the futures for the Dow and the S&P 500 both up 0.2%. The 6.4% pace of expansion in China's economy in January-March was in line with Beijing's official annual target for 6-6.5% growth and suggests government efforts to halt a slowdown are working.
At JPMorgan Chase and Bank of America, bank deposits and loans grew and lending margins widened. Retail net interest income rose 11 per cent at Chase and 10 per cent at BofA, to $9.4bn and $7.1bn, respectively. “Look at the banks’ different businesses — corporate and investment banking is not a source of growth, and asset management is not [either].
U.S. health regulators on Tuesday halted sales of a type of surgical mesh used to repair pelvic conditions in women, following years of patients' reports of injuries and complications from the implants. The Food and Drug Administration ordered the two remaining makers of the mesh — Boston Scientific and Coloplast — to stop selling it immediately, saying the companies failed to show the mesh is safe for long-term use. Several other major manufacturers, including Johnson & Johnson, previously stopped making the mesh.
Wells Fargo Commercial Distribution Finance™ (CDF) announced today its 50th anniversary of providing inventory financing in Canada. Based in Mississauga, CDF employs more than 200 people and serves more than 3,800 businesses in all 10 provinces and three territories. Founded in 1969, CDF provides customized financing solutions to fund the flow of finished durable goods from manufacturers to dealers.
Decent lending activity, relatively higher interest rates and efficient costs management support BofA's (BAC) Q1 earnings. However, weak investment banking and trading performance act as headwinds.
Wells Fargo: Multiple Analysts Downgraded the Stock(Continued from Prior Part)YTD stock performance So far, Wells Fargo (WFC) shares have underperformed its peers and the broader markets in 2019. Wells Fargo stock has risen 1.5% on a YTD
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Wells Fargo (WFC) have what it takes? Let's find out.
Comerica's (CMA) first-quarter 2019 results reflect higher revenues and improved credit metrics, partly offset by elevated expenses.
Analysts at several firms, including Goldman Sachs, Evercore ISI, and Buckingham Research, all downgraded Wells Fargo following the company’s underwhelming first-quarter earnings report issued Friday.
While Citigroup & Goldman Sachs reported mixed Q1 earnings reports, the Empire State index rose back up to double digits for the first time in 2019.
JPMorgan, Wells Fargo, Citigroup, Bank of America and Goldman Sachs are part of Zacks Earnings Preview
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.