Moody's Investors Service affirmed all the ratings of Wells Fargo & Company (WFC) and its subsidiaries. The Wall Street biggie's long-term deposit rating has been affirmed at A2, senior debt rating at Aa2 and subordinated debt rating at Aa3.
In order to improve infrastructure in the U.S, The Blackstone Group L.P. (BX) and Saudi Arabia's Public Investment Fund have planned to create a new investment vehicle.
Regions Financial Corporation (RF) is one such stock. Though the company displays mixed prospects for revenue growth, cost-saving initiatives are anticipated to support bottom-line growth. However, strict regulations and litigation issues remain concerns.
Synovus Financial Corp. (SNV) is one such stock that not only beat estimates this time, but has also been witnessing upward estimate revisions, reflecting analysts' optimism about its future prospects.
KeyCorp (KEY) announced an 11.8% rise in its quarterly cash dividend.
Bank of Hawaii (BOH) is one such banking stock that not only beat estimates this time, but also has been witnessing upward estimate revisions.
Earnings per share growth, revenue strength and other reasons make Enterprise Financial Services Corp (EFSC) a good buy option now.
Shares of The Blackstone Group L.P. (BX) gained 13.9% in the last one year, marginally outpacing the Zacks categorized Investment Management industry's growth of 12.7%.
Improved fee revenues drove State Street's (STT) first-quarter 2017 operating earnings of $1.21 per share, which easily surpassed the Zacks Consensus Estimate of $1.10.
BankUnited's (BKU) first-quarter 2017 earnings per share of 57 cents surpassed the Zacks Consensus Estimate by a penny.
SunTrust's (STI) first-quarter 2017 adjusted earnings of 87 cents per share outpaced the Zacks Consensus Estimate of 84 cents.
KeyCorp's (KEY) first-quarter 2017 adjusted earnings of 32 cents per share handily surpassed the Zacks Consensus Estimate of 28 cents.
BB&T Corporation's (BBT) first-quarter 2017 adjusted earnings of 74 cents per share surpassed the Zacks Consensus Estimate by a penny.
Huntington Bancshares Incorporated (HBAN) reported adjusted earnings per share of 21 cents, missing the Zacks Consensus Estimate by a penny. Also, the figure was 15% below the prior-year quarter.
Comerica Inc. (CMA) delivered a positive earnings surprise of 1% in first-quarter 2017. Adjusted earnings per share of $1.02 surpassed the Zacks Consensus Estimate by a penny.
Comerica came out with adjusted earnings per share of $1.02, beating the Zacks Consensus Estimate of $1.01. Higher revenues and lower non-interest expenses were primarily responsible for this earnings beat.
Navient Corporation (NAVI) has a high chance of beating earnings expectations when it reports first-quarter 2017 results on Apr 18, after the market closes.
Comerica (CMA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.