Regional Banks

Bank of America has raised the price objective on First Horizon National (NYSE: FHN) from $10 to $11 and maintains its Neutral rating.

Bank of America Merrill Lynch is out with its report today on Signature Bank (NASDAQ: SBNY), reinstating SBNY at Buy. In a note to clients, Bank of America Merrill Lynch writes, "SBNY profiles the type of bank we prefer to be long in the current environment, namely: 1) a non-macro top-line growth...

According to J.P. Morgan, Webster Financial (NYSE: WBS) reported run-rate EPS of $0.40 in 2Q, ahead of the $0.34 estimate and consensus of $0.35. J.P. Morgan said that the beat was on a combination of provision reported below forecast as well as core operating expenses also improving nicely q/q. “...

Morgan Stanley provided color on East West Bancorp (NASDAQ: EWBC). In a research report published today, Morgan Stanley stressed it believed the company's stock will rise in the next 15 days. In the report Morgan Stanley states, “We believe the share price will rise in absolute terms over the next...

Morgan Stanley provided color on Zions Bancorp (NASDAQ: ZION). In a research report published today, Morgan Stanley commented on its Q2 earnings expectations for the company. In the report, Morgan Stanley states, “We see upside to ZION when it reports 2Q11 earnings, scheduled for after the close...

Merger activity rebounded again with six new deals announced and four closing. You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal Statistics: Total Number of Deals Closed in 2011 125 Total Number of Deals Not...

JP Morgan has raised the price target on First Horizon National (NYSE: FHN) from $11 to $11.50 and maintains its Neutral rating.

JP Morgan has raised the price target on Webster Financial (NYSE: WBS) from $23 to $24.50 and maintains its Neutral rating.

Have you seen more ads on TV and in print about clouds and cloud computing? Cloud computing is having your programs and data stored remotely on a server in another location, instead of on your own individual computer. As long as you have an Internet connection, you can have a cheap old computer and...

ECB Bancorp, Inc. (NASDAQ: ECBE) the holding company for the East Carolina Bank, announced that the East Carolina Bank has entered into a definitive agreement with Bank of Hampton Roads and Shore Bank, the wholly-owned subsidiary of Hampton Roads Bankshares, Inc. (NASDAQ: HMPR). Under the...

M&T Bank (NYSE: MTB) earnings are coming up! Don't miss out: The company unveils its next round of earnings this Monday, July 18, 2011. Want to get caught up before Monday's earnings release? We've got just what you need. Here is your everything-that-matters guide to M&T Bank's second...

It's time to gear up for PNC Financial Services (NYSE: PNC) earnings! Keep your head in the game: The company releases its next round of earnings this Wednesday, July 20, 2011. Want to get caught up before Wednesday's earnings release? We've got just what you need. Here is your everything-that-...

Stifel Nicolaus is out with its report today on Bank of the Ozarks (NASDAQ: OZRK), downgrading OZRK from Buy to Hold. In a note to clients, Stifel Nicolaus writes, "We are downgrading the shares of Bank of the Ozarks, Inc. from Buy to Hold following second quarter 2011 reported earnings. Our...

Wunderlich Securities is maintaining its Buy rating and $57 price target on shares of Bank of the Ozarks, Inc. (NASDAQ: OZRK). In a note to clients, Wunderlich Securities writes, "We maintain our Buy rating on Bank of the Ozarks (OZRK) and our $57 target. OZRK reported 2Q11 EPS of $2.91 ($0.79...

Rodman & Renshaw has downgraded Bank of the Ozarks (NASDAQ: OZRK) from Outperform to Market Perform and has removed its $54 price target.