Regional Banks

Doug Kass tweeted that he is buying PNC Financial (NYSE: PNC) at these levels. He purchased at $46.25. Shares are currently trading at $46.34.

KBW reiterated its Market Perform rating on SVB Financial (NASDAQ: SIVB). At the same time, the rating agency modifies its price target to $47. On Tuesday, SIVB closed the day at $48.40.

According to Sterne Agee, Glacier Bancorp (NASDAQ: GBCI) is upgraded to Buy. Sterne Agee said that it is upgrading the shares of GBCI given the recent pullback in the shares (-22% in the last 3 months) and lower valuation (1.15x TBV), as it believes the current price offers an attractive risk/...

Panasonic Corporation, Samsung Electronics Co., Ltd., Sony Corporation and X6D Limited (XPAND 3D) have announced their intent to collaborate on the development of a new technology standard for consumer 3D active glasses, under the name, "Full HD 3D Glasses Initiative." With this new agreement, the...

Morgan Stanley has published a report on Hancock Holding (NASDAQ: HBHC) resuming coverage of the bank holding company. In the report, Morgan Stanley wrote, "In our view, the key near-term headwind to the stock will be a lack of loan growth. We estimate $1.3 billion of loans (12% of total) are in...

Sterne Agee has upgraded Glacier Bancorp (NASDAQ: GBCI) from Neutral to Buy and has established a $13.25 price target.

Below are the top small-cap regional-pacific banks stocks on the NYSE and the NASDAQ in terms of revenue. The trailing-twelve-month revenue at Bank of Hawaii Corporation (NYSE: BOH) is $583.04 million. BOH's PEG ratio is 1.77. The trailing-twelve-month revenue at Umpqua Holdings Corporation (...

The Board of Directors of SunTrust Banks, Inc. (NYSE: STI) today announced an increase in the dividend on SunTrust common stock. A quarterly cash dividend of $0.05 per common share was declared payable on September 15, 2011, to shareholders of record at the close of business on September 1, 2011...

Shares of Huntington Bancshares (NASDAQ: HBAN) are higher on the session by 3.65%, trading at $5.11. Overall put volume is now running at 5.33x the daily average, with 33% of all puts traded being purchases on the offer. 4,602 contracts have traded on the session so far. Huntington Bancshares...

Compass Point is out with its report today on Huntington Bancshares (NASDAQ: HBAN), upgrading HBAN to Buy from Neutral. In its report, Compass Point writes, "Recent concerns over auto loan pricing and thus NIM contraction, as well as growth challenges have resulted in downward pressure on shares...

Compass Point has upgraded Huntington Bancshares (NASDAQ: HBAN) from Neutral to Buy and reiterates its $7 price target.

Credit Suisse is out with a research report on Zions Bancorporation (NASDAQ: ZION) and is lowering its price target to $31 from $33, but is keeping its Outperform rating on shares. In a note to clients, Credit Suisse writes, "We reduced our 2013 EPS estimate for ZION to $2.60 from $2.80, while...

Regions Financial Corporation (NYSE: RF) rose 6.58% to $4.70 in the pre-market session. RF's trailing-twelve-month revenue is $4.37 billion. American Express Company (NYSE: AXP) added 5.90% to $45.58 in the pre-market session. AXP's PEG ratio is 1.12. CSX Corporation (NYSE: CSX) moved up 5.88% to...

Wunderlich Securities upgraded its rating on Cullen/Frost Bankers (NYSE: CFR) to Buy from Hold. At the same time, the rating agency left its price target on the company's stock unchanged at $60. On Monday, CFR lost 7.8% of its value to finish the day at $47.28. Its shares started to rebound in...

Wunderlich Securities has upgraded Cullen/Frost Bankers (NYSE: CFR) from Hold to Buy with a $60 price target.