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First Republic (FRC) Misses on Q4 Earnings, Shares Fall 4.1%

37m zacks
Shares of First Republic Bank (FRC - Free Report) fell 4.1%, following fourth-quarter 2017 results. The company registered a negative earnings surprise of 4.3%, reflecting elevated expenses. Earnings per share came in at $1.10, missing the Zacks Consensus Estimate of $1.15. However, the figure improved 6.8% from the year-ago tally. Despite rising rates, net interest margin disappointed on high deposit costs. (28-0)

The Zacks Analyst Blog Highlights: Associated Banc-Corp, Hancock Holding, Heartland Financial, Synovus Financial and Zions

2018-01-08 zacks
Chicago, IL – January 08, 2018 – announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Associated Banc-Corp (ASB - Free Report) , Hancock Holding Company (HBHC - Free Report) , Heartland Financial USA, Inc. (HTLF - Free Report) , Synovus Financial Corp. (139-0)

Markets at Record Highs: 5 Bank Stocks to Bet On

2018-01-05 zacks
It has only been a handful of days into 2018 and the markets are already touching record highs. It looks like the rally will continue for some time. The Dow Jones Industrial index crossed the 25,000 level for the first time yesterday, while other two major indexes — the S&P 500 and Nasdaq also closed at all-time highs. The primary driving factor is the strong domestic economic data including better-than-expected ADP private sector payroll reading for December 2017, and robust manufacturing and services sector data. (41-0)

6 Reasons to Add Zions (ZION) Stock to Your Portfolio Now

2017-12-27 zacks
Zions Bancorporation (ZION - Free Report) seems to be a solid bet now, based on strong fundamentals and good growth prospects. Easing margin pressure, restructuring initiatives and efficient cost control position the company well for growth. The bank’s focus on enhanced capital deployment plans is also encouraging. Its shares have gained 17.5% in a year’s time, outperforming 8.5% growth for the industry it belongs to. (18-0)

Valuation Dashboard: Financials And Real Estate - Update

2017-12-08 seekingalpha
This article series provides a monthly dashboard of industries in each sector of the GICS classification. It compares valuation and quality factors relative to their historical averages. (22-0)

Bullish on Tax Reform, Top Analyst Raises Price Targets on Banks

2017-11-29 247wallst
It’s the million-dollar question, and one proposal that the administration does not want to fail on: Getting some sort of tax reform through congress and approved before the end of the year. The tax cut bill that the House passed differs significantly from the Senate version in several areas, including the timing and permanence of the tax cuts and its treatment of the Affordable Care Act. While there has been the usual partisan grumbling and saber-rattling, it appears, at least on the surface, that compromise is possible. (65-0)

Zions Seeks to Simplify Structure to Remove Regulatory Tag

2017-11-21 zacks
With the aim of simplifying corporate structure and streamlining business operations, Zions Bancorporation (ZION - Free Report) intends to merge its parent company into its banking subsidiary. With this move, the holding company will be eliminated and the resulting banking organisation will continue to operate with its existing name. Once the corporate structure is simplified, Zions will be eligible to file an application with the Financial Stability Oversight Council ("FSOC") seeking to get the "systemically important" regulatory label removed from its name. (223-1)

Regulatory Relief in Sight for Banks: STI, BBT, ZION & More

2017-11-14 zacks
The long wait for relief of regulatory burden may finally be over. While the Trump administration continues to push for the reversal the Dodd Frank Act, a bipartisan agreement announced on Monday came as a breather. This is expected to pave the way for significant changes and bring major relief to banks. Highlights of the Agreement The major relief from the plan, unveiled by the Senate Banking Committee Chairman Mike Crapo, is likely to come in the form of reduction in the number of banks labeled as systemically important financial institutions (SIFI). (160-0)

Top Dividend Raises And Cuts For October 2017

2017-11-07 seekingalpha
Top dividend raises and cuts from companies with market cap $2B+ are noted in this article for October 2017. (167-0)

Earnings Review and Free Research Report: Bank of Hawaii’s EPS Increased 5.8%

2017-10-31 accesswire
LONDON, UK / ACCESSWIRE / October 31, 2017 / Pro-Trader Daily has just published a free post-earnings coverage on Bank of Hawaii Corp. (NYSE: BOH), which can be viewed by registering at, following the Company's release of its financial results on October 23, 2017, for the third quarter of the fiscal year 2017. The Bank's revenues increased 4.4% on a y-o-y basis. (42-0)

Zions' (ZION) Q3 Earnings In Line With Estimates, Costs Up

2017-10-24 zacks
Zions Bancorporation (ZION - Free Report) reported third-quarter 2017 earnings of 72 cents per share, in line with the Zacks Consensus Estimate. The reported figure reflects year-over-year improvement of 26.3%. Results to a great extent benefitted from improvement in net interest income and lower provisions. Also, loan growth remained strong during the quarter. However, higher adjusted non-interest expenses and lower non-interest income were the headwinds. (75-0)

Focus on DFA Tax-Managed U.S. Targeted Value Fund (DTMVX)

2017-10-23 zacks
DFA Tax-Managed U.S. Targeted Value Fund (DTMVX - Free Report) seeks to achieve long-term capital appreciation. DTMVXinvests in securities of US companies whose size (market capitalization) falls within the smallest 8% of the market universe. The market universe is comprised of companies listed on the New York Stock Exchange, American Stock Exchange, and Nasdaq National Market System. DTMVXinvests in value stocks and securities are considered value stocks primarily because a company's shares have a high book value in relation to their market value. (36-0)

Analyst Has 5 Banks to Buy as Investors Sell the Earnings

2017-10-17 247wallst
After a red-hot year, even the top banks have found it hard to keep the momentum going recently as investors have been selling the news. Citigroup Inc. (NYSE: C) was tagged to the tune of almost 4% last week as it released earnings that didn’t match the lofty Wall Street expectations. The bank cited higher-than-expected provisions, but many feel that the 10% rally prior to earnings was the real cause. (218-0)

First Republic (FRC) Misses on Q3 Earnings, Shares Drop 7.1%

2017-10-16 zacks
Shares of First Republic Bank (FRC - Free Report) fell 7.1%, following the third-quarter 2017 results. The company reported negative earnings surprise of 1.7 %, reflecting elevated expenses. Earnings per share came in at $1.14, missing the Zacks Consensus Estimate of $1.16. However, the figure improved 14% from the year-ago tally. Despite rising rates, net interest margin disappointed on high deposit costs. (32-0)

Maltese Capital Management Llc - Current Holdings -

Maltese Capital Management Llc has disclosed 182 total holdings in their latest SEC filings. Most recent portfolio value is calculated to be $ 1,049,797,000 USD. Actual Assets Under Management (AUM) is this value plus cash (which is not disclosed). Maltese Capital Management Llc's top holdings are Ameris Bancorp (NASDAQ:ABCB) , Zions Bancorporation (NYSE:ZB.PRA) , Citigroup, Inc. (NYSE:C) , Morgan Stanley (NYSE:MS) , and KeyCorp (NYSE:KEY) . (200-0)

CUSIP: 098970110