People's United Financial Inc.'s (PBCT) fourth-quarter 2016 operating earnings of 24 cents per share were in line with the Zacks Consensus Estimate. The reported figure was up 9.1% year over year from 22 cents.
Washington Federal (WAFD) reported first-quarter fiscal 2017 (ended Dec 31) earnings beat the Zacks Consensus Estimate by a penny. However the company's shares fell 3.4% following the earnings release.
With the focus on opportunistic acquisitions and growing deposit and loan balances, People's United Financial, Inc. (PBCT) appears a promising buying opportunity now.
The Fed rate hike in Dec 2016, along with the Trump effect, has led banking stocks to rally. People's United Financial, Inc. (PBCT) is one such stock.
People's United Financial Inc.'s (PBCT) third-quarter 2016 operating earnings of 25 cents per share surpassed the Zacks Consensus Estimate of 23 cents. The reported figure was also up 8.7% year over year.
Washington Federal Inc. (WAFD) reported fourth-quarter fiscal 2016 (ended Sep 30) earnings of 49 cents per share, beating the Zacks Consensus Estimate of 44 cents.
People's United Financial Inc. (PBCT) is scheduled to report third-quarter 2016 results on Thursday, Oct 20.
Navient Corporation's (NAVI) third-quarter 2016 core earnings of 50 cents per share beat the Zacks Consensus Estimate of 47 cents. Also, the figure improved 6.4% year over year.
People's United Financial Inc. (PBCT) continues to exhibit strength in several areas while recent expansion moves look promising.
People's United Financial Inc. (PBCT) reported second-quarter 2016 earnings of 23 cents per share, beating the Zacks Consensus Estimate by a penny.
Washington Federal's (WAFD) third-quarter fiscal 2016 earnings beat the Zacks Consensus Estimate driven by growth in net interest income, provision reversal and fall in operating expenses.
On Monday, the regional bank, People's United Financial, Inc. (PBCT), came up with an expansion plan in the New York State. The bank is increasing its footprints in New York with the acquisition of Riverhead-based Suffolk Bancorp (SCNB).
Driven by higher revenues, Citizens Financial Group, Inc. (CFG) delivered a positive earnings surprise of nearly 8% in first-quarter 2016
People's United Financial Inc. (PBCT) reported first-quarter 2016 earnings of 21 cents per share, in line with the Zacks Consensus Estimate. However, the reported figure beat the prior-year quarter by a penny.
People's United came out with earnings per share of 21 cents, in line with the Zacks Consensus Estimate. Higher revenues were offset by elevated provisions.
Will BNY Mellon be able to maintain its earnings streak this quarter? Or will it succumb to the industry challenges?
Will higher costs and rising provisions hurt the bottom line yet again? Or can BB&T reverse the trend this earnings season driven by improved top line?