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Zacks News
Royal Bank (RY) Q2 Earnings Miss Estimates
by Zacks Equity Research
Royal Bank (RY) delivered earnings and revenue surprises of -5.80% and 4.59%, respectively, for the quarter ended April 2023. Do the numbers hold clues to what lies ahead for the stock?
Cracking the Code: 5 Segments to Determine Future Market Direction
by Andrew Rocco
The major market indices are sending investors mixed signals. Follow these 5 market segments to decode the action and determine the market's next move.
Bear of the Day: PacWest Bancorp (PACW)
by Andrew Rocco
PacWest is a bank at the heart of the regional banking crisis. PACW suffers from soaring debt, lackluster earnings, and abysmal price action.
CF Bankshares Inc. (CFBK) Q1 Earnings Beat Estimates
by Zacks Equity Research
CF Bankshares Inc. (CFBK) delivered earnings and revenue surprises of 3.03% and 2.52%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Orange County Bancorp, Inc. (OBT) Beats Q1 Earnings Estimates
by Zacks Equity Research
Orange County Bancorp, Inc. (OBT) delivered earnings and revenue surprises of 6.67% and 1.98%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Mid Penn Bancorp (MPB) Misses Q1 Earnings and Revenue Estimates
by Zacks Equity Research
Mid Penn Bancorp (MPB) delivered earnings and revenue surprises of -20.22% and 11.29%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Business First (BFST) Q1 Earnings Top Estimates
by Zacks Equity Research
Business First (BFST) delivered earnings and revenue surprises of 3.77% and 0.32%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Washington Trust Bancorp (WASH) Q1 Earnings and Revenues Miss Estimates
by Zacks Equity Research
Washington Trust (WASH) delivered earnings and revenue surprises of -17.78% and 6.70%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Company News for Mar 15, 2023
by Zacks Equity Research
Companies In The News Are: META, BG, SBNY, PFE, UAL.
Ignore SVB Fiasco, These 3 Banks Are on a Strong Footing
by Tirthankar Chakraborty
Even though SVB's debacle rattled the U.S. banking sector, The Bank of New York Mellon (BK), Northeast Community Bancorp (NECB) and SB Financial Group (SBFG) remain solid investment choices.
Strength Seen in Bunge (BG): Can Its 14.5% Jump Turn into More Strength?
by Zacks Equity Research
Bunge (BG) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Stock Market News for Mar 14, 2023
by Zacks Equity Research
Wall Street closed mixed after an extremely choppy session on Monday.
U.S. Small and Mid-Sized Banks Plunge on SVB Debacle
by Zacks Equity Research
U.S. Small and Mid-Sized Banks Plunge on SVB Debacle.
Financial Earthquake Reverberates in Pre-Market
by Mark Vickery
Is this the "something breaking" that some analysts had warned would happen with the Fed aggressively raising interest rates over the past year?
SVB, SBNY Fallout: Why Contagion Risk to Other Banks is Remote
by Devyani Chamria
Considerable strength in the U.S. banking system and steps taken by agencies will prevent more bank runs like SVB Financial Group and Signature Bank (SBNY).
Regional Bank Armageddon: What you need to know
by Andrew Rocco
Regional Banks collapsed this week. Andrew Rocco walks you through what happened and what your next steps should be.
Signature Bank (SBNY) Reports Higher Deposits, Share Buybacks
by Zacks Equity Research
Though the loan balance decline for Signature Bank (SBNY), higher deposit balance and sufficient liquidity are likely to aid the company's first-quarter results.
Signature Bank's (SBNY) Loans & Deposit Balances Decline QTD
by Zacks Equity Research
Signature Bank's (SBNY) balance sheet shrinks, with the company witnessing a decline in spot deposits and loans since the start of the year through Mar 1, 2023.
Signature Bank (SBNY) Up 13.9% Since Last Earnings Report: Can It Continue?
by Zacks Equity Research
Signature Bank (SBNY) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
KeyCorp (KEY) Down as Q4 Earnings Lag Estimates on Provisions
by Zacks Equity Research
Higher rates, solid commercial loan demand and a rise in NII support KeyCorp's (KEY) Q4 earnings amid subdued fee income performance and higher credit costs.
Synovus (SNV) Q4 Earnings Miss Estimates as Provisions Rise
by Zacks Equity Research
Higher provisions and non-interest expenses and a fall in fee income hurt Synovus' (SNV) Q4 earnings, while loan growth and rising rates support NII.
Fifth Third (FITB) Q4 Earnings Top, Revenues Up on Higher NII
by Zacks Equity Research
Fifth Third's (FITB) Q4 earnings beat estimates on higher NII and improved average loans and lease balances. However, a fall in the fee income and higher provision for credit losses act as headwinds.
Signature Bank (SBNY) Gains Despite Q4 Earnings Miss, Costs Rise
by Zacks Equity Research
Signature Bank (SBNY) records a rise in revenues and expenses in the fourth quarter of 2022.
Signature Bank (SBNY) Lags Q4 Earnings and Revenue Estimates
by Zacks Equity Research
Signature Bank (SBNY) delivered earnings and revenue surprises of -5.49% and 0.45%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
First Republic (FRC) Q4 Earnings Top Estimates, Revenues Lag
by Zacks Equity Research
A rise in revenues and loan growth drive First Republic's (FRC) Q4 results. However, higher expenses and elevated provisions for credit losses hurt.