Regional Banks

Oppenheimer & Co. has an Outperform rating and a $1.40 price target on shares of Citizens Republic Bancorp (NASDAQ: CRBC). In a note to clients, Oppenheimer writes, "As an outsider it is difficult to comprehend the incredible amount of time and energy that went into Citizens' multi-quarter...

According to Keefe, Bruyette & Woods, Banner Corp. (NASDAQ: BANR) posted an operating EPS loss of -$0.09 which excludes nominal fair value adjustments. Keefe, Bruyette & Woods said that BANR beat on a lower provision and better expense control. “Credit trends improved with NPAs down 51 bps...

Wunderlich Securities upgraded its earnings per share estimate on Washington Banking Company (NASDAQ: WBCO) in a research report published today, after Washington Banking posted better than expected Q1 results. In the report, Wunderlich states, "Due in part to the earnings outperformance versus...

US stock futures are higher this morning, after President Barack Obama reported that Osama bin Laden, the leader of al Qaeda, was killed in a US operation in Pakistan. Futures on the Dow Jones Industrial Average gained 83 points to 12,839.00 and futures on the S&P 500 stock index rose 8.30...

Some of the stocks that may grab investor focus today are: Wall Street expects Humana Inc (NYSE: HUM) to report its Q1 EPS at $1.36 on revenue of $9.14 billion. HUM shares rose 0.13% to $76.22 in after-hours trading. Analysts are expecting Chesapeake Energy Corporation (NYSE: CHK) to have earned...

Marshall & Ilsley Corporation (NYSE: MI) Reports EPS of $(0.27) vs. $(0.18)

Keefe,Bruyette,Woods Comment on Earnings Miss of Taylor Capital Group (TAYC) as company misses the beat. KBW states, "Taylor reported a lower-than-expected 1Q11 loss of (-$0.12); however, adjusting for significant reserve release ($0.55), results were closer to our estimate. Credit trends were...

KBW is out with its report today on StellarOne (NASDAQ: STEL), maintaining Market Perform. In a note to clients, KBW writes, "STEL reported another in-line quarter, beating our estimate by a penny on better expenses. PTPP revenues remained flat sequentially at $8.2M. NPAs, past dues and overall...

Keefe, Bruyette, Woods, keep Outperform rating on shares of MB Financial (MBFI) after it reported earnings. The firms analysts report," MB Financial reported 1Q11 operating EPS of $0.05 with the company's second consecutive quarter in the black aided by $14mm of reserve release (-0.17/share)....

Keefe, Bruyette & Woods has raised the Price Target on State Bancorp (NASDAQ: STBC) from $11 to $14 a share.

Stifel Nicolaus is out with its report today on First Merchants (NASDAQ: FRME), upgrading shares of FRME from Hold to Buy. In a note to clients, Stifel Nicolaus writes, "FRME shares trade at 95% of tangible book value and 11.3x our 2012 EPS estimate versus the Midwest bank peer group median of 132...

Oriental Financial (NYSE: OFG) Reports EPS of $0.04 vs. $0.13 Estimate; Revenues $37.2M vs. $34.32M Estimate

J.P. Morgan Chase & Co. has a Neutral rating and a $23 price target on shares of MB Financial (NASDAQ: MBFI) after it reported earnings. In a note to investors, J.P. Morgan writes, "MBFI reported another quarter of modest earnings, with core EPS of $0.05, or in between our estimate of $0.04...

Wunderlich Securities maintained its Buy rating on Columbia Banking System (NASDAQ: COLB) in a report published today. In the report, Wunderlich also reiterated its $25 price target, in spite of Columbia Banking reporting Q1 earnings per share below Wunderlich's expectations. In yesterday's...

Weyerhauser Co (NYSE: WY) is expected to report its Q1 EPS at $0.15 on revenue of $ 1.66 billion. American Axle & Manufacturing Holdings Inc (NYSE: AXL) is expected to post its Q1 earnings at $0.38 per share on revenue of $593.91 million. Newell Rubbermaid Inc (NYSE: NWL) is estimated to...