Regional Banks

Sterne Agee has published a research report on UMB Financial (NASDAQ: UMBF) and has lowered the price target from $50 to $46. In the report, Sterne Agee writes, "For most of the 13 years we have covered UMBF, its returns have been below those of high quality peers. Going forward we expect better...

This is your Benzinga news summary and traders' outlook for Monday, August 15, 2011, covering headlines from overnight and Monday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading higher. At last check, Dow futures are up about 40 points and the U.S....

Sterne Agee has lowered the price target on UMB Financial (NASDAQ: UMBF) from $50 to $46 and maintains its Buy rating.

CNB Financial Corporation (Nasdaq: CCNE) recently announced the appointment of Joel E. Peterson, President of Clearfield Wholesale Paper, to the Corporation's Board of Directors and to the board of CNB Bank. In making the announcement, Dennis L. Merrey, Chairman of the Board, stated: "We are...

SunTrust Banks (NYSE: STI) said today that Timothy E. Sullivan, the Company's Chief Information Officer since 2003, has announced his decision to retire in 2012. Commenting on Mr. Sullivan's decision, SunTrust President and Chief Executive Officer William H. Rogers, Jr., said, "Technology has...

AmeriServ Financial, Inc. (NASDAQ: ASRV) today reported that it received $21 million from the Small Business Lending Fund. The SBLF is a voluntary program sponsored by the U.S. Department of Treasury that encourages small business lending by providing capital to qualified community banks at...

Here are today's Put/Call Ratio leaders… 1. Ski Mobi (NASDAQ: MOBI) 3,715 puts, 38 calls 2. Itau Unibanco (NASDAQ: ITUB) 13,883 puts, 227 calls 3. KeyCorp (NYSE: KEY) 4,202 puts, 222 calls 4. Murphy Oil (NYSE: MUR) 2,997 puts, 202 calls 5. Deutsche Bank (NYSE: DB) 4,396 puts, 370 calls

Sterne Agee has published a research report on Commerce Bancshares (NASDAQ: CBSH) after a buyback of stock. In the report, Sterne Agee wrote, "Very few banks have been “allowed” or are capable of executing shares repurchases and dividend increases at their discretion, but CBSH is clearly at the...

Bank of America has published a research report on Zions Bancorp (NASDAQ: ZION) upgrading the company's stock from Underperform to Neutral and lowering the price target from $21 to $18. In the report, Bank of America wrote, "In reconsidering our opinion on ZION stock following recent bank stock...

This is your Benzinga news summary and traders' outlook for Thursday, August 11, 2011, covering headlines from overnight and Thursday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading lower after a 500 point drop in the Dow yesterday. At last check, Dow...

Robert W. Baird upgraded Qlik Technologies Inc (NASDAQ: QLIK) from “neutral” to “outperform.” QLIK's shares closed at $26.85 yesterday. QLIK's trailing-twelve-month revenue is $268.69 million. Analysts at Wunderlich Securities upgraded Cisco Systems Inc (NASDAQ: CSCO) from “hold” to “buy.” CSCO's...

Bank of America has upgraded Zions Bancorp (NASDAQ: ZION) from Underperform to Neutral and has lowered the price objective from $21 to $18.

Shares of KeyCorp (NYSE: KEY) are lower on the session by 5.64%, trading at $6.53. Overall put volume is now running at 6.09x the daily average, with 87% of all puts traded being purchases on the offer. 9,461 contracts have traded on the session so far. KeyCorp is a bank holding company. KeyCorp...

Compass Point Research & Trading provided color on First Horizon National (NYSE: FHN) and continued its First Horizon National Neutral rating in a research report published today. In the report, Compass Point states, "We continue to rate FHN with a Neutral rating based on our 12 month price...

Shares of Synovus Financial (NYSE: SNV) are lower on the session by 4.55%, trading at $1.26. Overall put volume is now running at 7.43x the daily average, with 65% of all puts traded being purchases on the offer. 1,947 contracts have traded on the session so far. Synovus Financial Corp. is a...