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Zacks News
Wells Fargo (WFC) to Divest Assets of Auto Lending Segment
by Zacks Equity Research
With an aim to focus on core banking operations and to cope with strict conditions imposed by the Federal Reserve, Wells Fargo & Company (WFC) enters into another divesture agreement.
Citi (C) to Open Innovation Lab in London, Make New Hires
by Zacks Equity Research
Citigroup (C) to boost London's financial technology sector through the innovation center investment.
Why PNC Financial (PNC) Should Be Added to Your Portfolio?
by Zacks Equity Research
PNC Financial (PNC) appears to be a promising bet riding on strong organic growth, expense management and encouraging long-term prospects.
Bank Stock Roundup: Markets in Correction Mode, Wells Fargo Dominates Headlines
by Zacks Equity Research
Stock market correction and Wells Fargo remain in focus over the last five trading sessions.
5 Major Bank Stocks to Bet on Despite Dismal Q4 Performance
by Zacks Equity Research
Improving economy, higher interest rates, increasing loan demand, lower tax rates and expectations of lesser regulations are expected to support major banks' performance this year.
Top Ranked Momentum Stocks to Buy for February 6th
by Zacks Equity Research
Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, February 6th:
Bank Stock Roundup: Q4 Earnings at Tail End, FITB, STI & RF Top Estimates
by Zacks Equity Research
Investors' optimism over the positive consequences of tax reform and impressive Q4 results drive banking stocks higher.
The Zacks Analyst Blog Highlights: Wells Fargo, Visa, Verizon, PNC Financial and General Dynamics
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Wells Fargo, Visa, Verizon, PNC Financial and General Dynamics
Northern Trust (NTRS) Q4 Earnings Rise, Records Tax Benefit
by Zacks Equity Research
Northern Trust's (NTRS) fourth-quarter 2017 results reflect higher revenues and credit provision, partly offset by elevated expenses.
Synovus (SNV) Beats Q4 Earnings Estimates, Expenses Flare Up
by Zacks Equity Research
Synovus Financial's (SNV) Q4 results benefit from higher revenues. Higher provisions pose a concern. The company reported a positive earnings surprise of 5.9%.
Huntington (HBAN) Q4 Earnings in Line, Tax Benefit Recorded
by Zacks Equity Research
Huntington Bancshares Incorporated's (HBAN) fourth-quarter results reflect top-line strength and elevated expenses.
Bank Stock Roundup: Q4 Earnings Look Decent -- C, JPM, BAC Face Huge Tax Charges
by Zacks Equity Research
Q4 earnings season commenced for the banks, with all major banks coming out with decent financial performance based on improved top line.
People's United (PBCT) Tops Q4 Earnings & Revenue Estimates
by Zacks Equity Research
People's United's (PBCT) fourth-quarter 2017 earnings reflect top-line strength and elevated expenses.
Regions Financial's (RF) Q4 Earnings Beat on High Revenues
by Zacks Equity Research
Regions Financial's (RF) fourth-quarter earnings reflect expansion in net interest margin and higher revenues, partially offset by elevated expenses.
BB&T (BBT) Q4 Earnings Beat on Higher Revenues, Costs Rise
by Zacks Equity Research
Improvement in revenues and higher loan balance support BB&T's (BBT) Q4 earnings.
Goldman (GS) Q4 Earnings Impressive, Tax Expense Recorded
by Zacks Equity Research
Goldman Sachs' (GS) fourth-quarter 2017 results reflect continued investment banking momentum and strong underwriting business, offset by subdued fixed income trading activities.
U.S. Bancorp's (USB) Beats Q4 Earnings Estimates, Costs Up
by Zacks Equity Research
Despite poor mortgage banking segment performance, U.S. Bancorp's (USB) Q4 results benefit from eased margin pressure and loan growth.
Citigroup (C) Beats on Q4 Earnings, Records $22B Tax Charges
by Zacks Equity Research
Citigroup (C) delivers positive earnings surprise of 7.6% in fourth-quarter 2017 on controlled expenses and top-line strength.
Comerica's (CMA) Q4 Earnings, Revenues Beat Estimates
by Zacks Equity Research
Comerica Incorporated's (CMA) Q4 results benefit from higher revenues and improved credit quality. Also, the company is optimistic of loan and revenue growth in 2018.
Is the Options Market Predicting a Spike in PNC Financial Services (PNC) Stock?
by Zacks Equity Research
Investors need to pay close attention to PNC Financial Services (PNC) stock based on the movements in the options market lately.
Why PNC Financial Services Group (PNC) Stock Might be a Great Pick
by Zacks Equity Research
PNC Financial Services Group (PNC) is seeing solid earnings estimate revision activity, and is a great company from a Zacks Industry Rank perspective.
Earnings And Economic Data Deluge
by Zacks Equity Research
Earnings And Economic Data Deluge
Q4 Earnings Kick Off: JPM, WFC, BLK and More
by Mark Vickery
This morning we see a flock of banks and investment firms all reporting Q4 numbers, signaling the next three weeks of heavy earnings data to be reported ahead.
PNC Financial (PNC) Beats Q4 Earnings Estimates, Costs Up
by Zacks Equity Research
PNC Financial (PNC) Q4 results benefit from higher revenues. Higher provisions pose a concern.
PNC Financial's (PNC) Q4 Earnings & Revenues Beat Estimates
by Zacks Equity Research
PNC Financial (PNC) came out with adjusted earnings per share of $2.29, beating the Zacks Consensus Estimate of $2.20.