-
Oppenheimer: Patience Needed With Associated Banc-Corp
Friday, January 21, 2011 - 9:21am | 211According to a recent report from Oppenheimer, the top priorities of Associated Banc-Corp's (NASDAQ: ASBC) CEO after he arrived in late '09 have been achieved with capital higher, NPAs lower and the company now making money. The next step in turning around the company involves further investments...
-
Wunderlich Securities Raises 2011 Estimate On HOMB
Friday, January 21, 2011 - 9:20am | 159Wunderlich Securities is reiterating its Buy rating on shares of Home BancShares, Inc. (NASDAQ: HOMB) as well as its $26 price target. “Home BancShares reported a 4Q10 loss per share of $0.51, which beat our estimate by $0.10 and consensus expectations by $0.18,” Wunderlich Securities writes. “...
-
J.P Morgan Maintains Overweight On SVB Financial Following Earnings Release
Friday, January 21, 2011 - 9:07am | 185SVB Financial (NASDAQ: SIVB) reported 4Q10 EPS of $0.41 per share. After excluding several items it deems to be not reflective of operating results, it estimates operating EPS of $0.43 per share, which fell short of our $0.50 estimate and consensus of $0.52. We thought the company delivered a bit...
-
BancFirst Corporation Reports Q4 EPS of $.65
Friday, January 21, 2011 - 9:01am | 77BancFirst Corporation (Nasdaq: BANF) reported net income of $10.2 million or $0.65 diluted earnings per share for the fourth quarter of 2010 compared to net income of $9.8 million or $0.63 diluted earnings per share for the same period in 2009. Net income for the year ended December 31, 2010 was $...
-
J.P Morgan Maintains Overweight On City National Corp. Following Earnings
Friday, January 21, 2011 - 8:53am | 209City National Corp (NYSE: CYN) reported 4Q EPS of $0.74, which included several largely offsetting items and was below our estimate of $0.81. The miss was primarily tied to the net interest margin coming in 9 basis points below forecast, compressing 13 basis points versus the prior quarter. Trying...
-
SunTrust Reports Q4 EPS $.23 vs. $.07; Revenues
Friday, January 21, 2011 - 8:53am | 114SunTrust Banks, Inc. (NYSE: STI) announced earlier today that solid revenues and further improvement in credit quality resulted in net income available to common shareholders of $114 million, or $0.23 per average common share, for the fourth quarter of 2010. This result compares favorably to a...
-
BB&T Reported Q4 EPS of $.30 vs. $.26; Revenues $2.3B vs. $2.2B
Friday, January 21, 2011 - 8:48am | 73BB&T Corporation (NYSE: BBT) earlier today reported earnings for the fourth quarter of 2010. Net income available to common shareholders totaled $208 million, or $.30 per diluted common share, compared with $185 million, or $.27 per diluted common share, earned during the fourth quarter of...
-
Wunderlich Securities Maintains PCBK Rating, $11 PT
Friday, January 21, 2011 - 8:46am | 119Wunderlich Securities is maintaining its Buy rating on shares of Pacific Continental Corporation (NASDAQ: PCBK) as well as its $11 price target. “PCBK's 4Q10 results of $0.07 were $0.03 lower than consensus, but just a penny below our estimate primarily due to seasonally higher expenses than we...
-
Oppenheimer Has Perform On TCF Financial Corporation (TCB)
Friday, January 21, 2011 - 8:35am | 128Oppenheimer & Co. has a Perform rating on shares of TCF Financial Corporation (NYSE: TCB). In a note to clients, Oppenheimer writes, "TCF Financial moved quickly and aggressively in dealing with the challenges to its banking model, but there remains a relatively high degree of uncertainty about...
-
SunTrust Reports Upbeat Q4 EPS
Friday, January 21, 2011 - 8:01am | 56SunTrust Banks Inc (NYSE: STI) reports its Q4 EPS at $0.23, beating the consensus of $0.07. STI reports its Q4 revenue at $2.33 billion, versus the estimates of $2.19 billion. STI shares gained 0.07% to $27.89 in after-hours trading. Read more from Benzinga's Company news.
-
Jefferies Lowers PT On SVB Financial Group
Friday, January 21, 2011 - 7:59am | 28Jefferies & Company has lowered the price target on SVB Financial Group (NASDAQ: SIVB) from $51 to $50 and maintains its Hold rating.
-
Jefferies Lowers PT On SVB Financial Group
Friday, January 21, 2011 - 7:59am | 28Jefferies & Company has lowered the price target on SVB Financial Group (NASDAQ: SIVB) from $51 to $50 and maintains its Hold rating.
-
BB&T Reports Q4 EPS of $0.30
Friday, January 21, 2011 - 7:15am | 56BB&T Corp (NYSE: BBT) reports its Q4 EPS at $0.30, beating the consensus of $0.26. BBT reports its Q4 revenue at $2.33 billion, versus the estimates of $2.21 billion. BBT shares gained 0.26% to $27.15 in after-hours trading. Read more from Benzinga's Company news.
-
Earnings Scheduled For January 21 (GE, SLB, APD, BAC, ARG, BBT, STI, AIT, FHN)
Friday, January 21, 2011 - 5:05am | 247General Electric Company (NYSE: GE) is projected to report its Q4 EPS at $0.32 on revenue of $39.90 billion. Schlumberger NV (NYSE: SLB) is forecast to report its Q4 earnings at $0.77 per share on revenue of $8.70 billion. Air Products and Chemicals Inc (NYSE: APD) is expected to report its Q1 EPS...
-
Independent Bank Corp. Reports Fourth Quarter EPS of $.56
Thursday, January 20, 2011 - 5:33pm | 64Independent Bank Corp., (NASDAQ: INDB), parent of Rockland Trust Company, today announced net income of $11.8 million for the fourth quarter of 2010, compared to $11.1 million recorded in the third quarter. On a diluted earnings per share basis, the Company reported earnings of $0.56 for the...