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Regional Banks Shine at End of Rough Week for Sector

Regional Banks bounced back on Friday, ending a rough week for the banking sector in the wake of the Federal Reserve's stress tests.

Citigroup's Business Model Is 'Not Sustainable,' Says Societe Generale

With its capital plans rejected twice in three years, it's time for Citi to radically simplify its operations, according to Societe Generale.

Capital One, Wells Fargo Rise While Most Big Bank Stocks Fall

Large-cap bank stocks were weak on the first day of trading after the Federal Reserve completed the second round of its annual stress tests.

Here's What Wall Street's Saying About the Fed's Capital Plan Reviews

Here are some winners and losers from the Federal Reserve's review of large banks' plans to deploy excess capital.

Citigroup and the 'Straw That Broke the Camel's Back'

Citigroup and analysts are quite surprised with the Fed's rejection of the bank's 2014 capital plan.

Citigroup Stock Plunges After Capital Plan Rejected by Fed

The second part of the Federal Reserve's annual bank stress-test processes with only 25 of 30 banks having their capital plans approved by the regulator.

CFPB Report Points to Payday Lending Clampdown

A new report on payday lending points to the way to greater regulation for non-bank lenders this year, but there could also be a new player in the market.

Bank Stocks End Mixed as Investors Look Ahead to Capital Plan Announcements

Bank stocks were mixed on Tuesday as investors waited for the Fed to announce on Wednesday results of its capital plan reviews for large banks.

Citi Sticks with Bank of America Despite Bad News

Despite cutting his buyback and EPS estimates for Bank of America, Citigroup Analyst Keith Horowitz still recommends buying the shares.

Discover Looks Even Better Following Stress Test

Discover shines in many ways, including a relatively low valuation, a high ROE and a significant reduction in share count from buybacks.

State Street Leads as Bank Stocks Investors Look to Wednesday

Investors expect the bank to announce another plan for significant buybacks following the Federal Reserve's next stress-test announcement.

Bank of America Downgraded Following Stress Tests

The bank was downgraded by Atlantic Equities analyst Richard Staite, in part because of its "poor performance" in last week's stress tests.

Some Banks Dilute Shareholders, Despite Buybacks

Despite the large amounts of share buybacks, some of the nation's biggest banks have diluted common shareholders over the past two years.

Capital One Leads Bank Stocks After Stress Tests

Most bank stocks end mixed after 29 of 30 banks pass the first round of the Federal Reserve's annual stress tests.

Bank of America 'Struggles' in Stress Test

Bank of America passed the first round of the Federal Reserve's stress tests, but without much room to spare.

Zions Fails Stress Test
Zions Fails Stress Test

03/20/14 - 04:46 PM EDT

The Fed was upbeat about the results of its expanded round of bank stress tests, but Zions Bancorporation of Salt Lake City failed the test.

Bank Stocks Soar Heading Into Stress Test Results

Large-cap bank stocks are strong heading into the Federal Reserve's announcement of stress test results, but the "main event" is next week.

Could Citigroup Have the Stress-Test Hiccups?

This year's augmented stress tests could cause Citi some pain, but the bank should still be able to return plenty of capital to investors.

Banking Sector Outperforms on 'Fed Day'
Banking Sector Outperforms on 'Fed Day'

03/19/14 - 04:15 PM EDT

Most bank stocks rose as the broad market pulled back, after the FOMC tapered as expected and shed light on when sort-term interest rates might rise.

JPMorgan Scores Big With Commodities Unit Sale

The nation's largest bank agrees to sell its physical commodities trading business to Mercuria Energy Group for $3.5 billion in cash.

Stick With Citigroup Stock, Says B of A Merrill

Analysts keep cutting their earnings estimates for Citi, but B of A Merrill Lynch analyst Erica Najarian sees 35% upside for the shares.

A Harsh Downgrade for HSBC
A Harsh Downgrade for HSBC

03/19/14 - 09:56 AM EDT

Credit Suisse cuts its rating on HSBC all the way to "underperform" from "outperform."

Regional Bank Stocks Trade Higher Ahead of Fed Policy Statement

Investors expect steady sailing following the first two-day meeting of the Federal Open Market Committee under the leadership of Janet Yellen.

Bad News for Big Banks Favors Bank of America, JPM

Earnings estimate revision trends are likely to favor Bank of America and JPMorgan Chase over Citigroup over the next year, according to Jefferies analyst Ken Usdin.

Bank Stocks Are Strong on Manufacturing Boost

Stocks of large U.S. banks were strong on Monday, as investors shrugged off Russia's land grab and cheered rising U.S. manufacturing.

Could These Banks Succeed Like U.S. Bancorp?

These large-cap U.S. banks that "could reach" into the category of 'best managed Banks,' according to the equity analyst team at RBC Capital Markets.

Bank of America Leads Sector Down, Expects Slower Loan Growth

Shares of Bank of America decline 2% on another weak day for the sector, as investors continued to worry about Russia's aggression in Ukraine.

Here's a 'Solid' Bank Stock to Buy Now, from KBW

Independent Bank of Hanover, Mass., can continue its strong EPS growth 'in nearly any environment,' according to KBW analyst Collyn Gilbert.

State Street Leads Banks Down on 'Tepid' Outlook

The custody bank leads the banking sector lower amid a broad market selloff.

A Chart You Should See: Progressive Disappoints

Analysts differ on whether disappointing February results have led to a buying opportunity, or signal weakening performance for 2014.

GE Files Registration for Credit Card IPO

The company files the registration for the IPO of its North American Retail Finance unit, which will eventually be completely spun-off.

Fannie Mae and Freddie Drop 39% Over Two Days

Investors continue to sell as they look to the coming bipartisan Senate bill to wind-down the government-sponsored mortgage giants.

Fannie and Freddie: A Chart and a Friend

Investors can expect another day of extreme volatility for shares of Fannie Mae and Freddie Mac, amid mixed signals from Washington.

Fannie and Freddie Sink as Senators Ready GSE Bill

Shares of Fannie and Freddie Mac see huge declines after key members of the Senate Banking Committee announce an agreement on winding the GSEs down.

Discover, Fifth Third Are Well-Positioned for Higher Payouts After Stress Tests

Both banks are ready for significantly higher payouts to investors, according to Janney Capital Markets analyst Sameer Gokhale.

Banks' Excess Capital Is 'Absolutely a Reality'

Oppenheimer analyst Chris Kotowski expects banks' excess capital to support higher payouts, improve confidence and raise stock prices.

Stop Buying U.S. Bancorp Stock, Says KBW

KBW cuts its rating and earnings estimates for USB on expected declines loan loss reserve releases and mortgage revenue.

Regions Financial Is Today's Bank-Stock Loser

Bank stocks on Monday fared slightly better than the broad market, which was held back by disappointing export numbers out of China.

'Bull Market Has Legs,' Says Oppenheimer

Five years from the March 9, 2009 bottom, Oppenheimer Chief Investment Strategist John Stoltzfus expects the market's bull run to continue.

A Chart You Should See: Fannie and Freddie

The battle over Fannie Mae and Freddie Mac will go on for years, but many investors have already made a killing.

Charts You Should See: Bull Run for Bank Stocks

It's been a great five-year recovery for bank stocks, but looking back 10 years we see a painful story for many long-term investors.

Bank Stocks Keep Rising, Led by KeyCorp
Bank Stocks Keep Rising, Led by KeyCorp

03/06/14 - 04:37 PM EST

Bank stocks were strong again on Thursday, as unemployment claims declined.

California Banks Are Sitting Pretty, Says KBW

California banks in urban areas are well-positioned for 'robust' loan growth and revenue growth, according to KBW analyst Julianna Balicka.

A 'Compelling' Case for JPMorgan's Stock

JPMorgan's four-year outlook leaves out many factors that could significantly boost its earnings, as well as its stock price.

Bank of America Leads Sector Higher as Economic Data Disappoints

Bank stocks were strong on Wednesday, despite some disappointing economic reports.

Citigroup EPS Estimates Cut Significantly

Citi's 2014 earnings are expected to be hit hard from weak trading revenue.

Bank Stocks Roar as Ukraine Simmers
Bank Stocks Roar as Ukraine Simmers

03/04/14 - 04:25 PM EST

U.S. bank stocks rebound in a major way, as tensions in the Ukraine ease, at least temporarily.

Jeff Immelt Invests Bonus in GE Stock
Jeff Immelt Invests Bonus in GE Stock

03/04/14 - 10:11 AM EST

General Electric's CEO puts his money where his mouth is.

Citigroup, Stress Tests and Shareholder Gravy

The stubbornly low valuation of Citigroup's shares 'isn't sustainable,' according to UBS analyst Derek De Vries.

Citigroup Leads Banks Lower on Ukraine Concerns

Bank stocks fared worse than the broad market on the first trading day following Russia's invasion of Crimea.

Why You Should Celebrate Bank Stress Tests

After the Fed's announcement of bank stress test results on March 20, banks on March 26 will announce plans to return capital to investors.

Should You Fear Higher Interest Rates?
Should You Fear Higher Interest Rates?

03/01/14 - 07:00 AM EST

Rising interest rates can be tough on markets, but there's no need to panic, according to FM Global SVP of Investments Paul LaFleche.

How Did the Fraud Against Citi's Banamex Work?

Brian Fox, president of Confirmation.com, sheds light on how borrowers commit receivables fraud.

KeyCorp Leads Banks Higher
KeyCorp Leads Banks Higher

02/28/14 - 04:15 PM EST

Bank stocks rounded off the week with another day of gains, while shares of Fannie Mae and Freddie Mac cooled off.

Citigroup Burned by Mexico Fraud
Citigroup Burned by Mexico Fraud

02/28/14 - 10:10 AM EST

Citi announces an earnings restatement tied to accounting fraud by a Mexican oil services company.

Most Bank Stocks End Higher Following Yellen Testimony

Bank stocks rise after the Federal Reserve Chairwoman Janet Yellen acknowledges softening economic data in testimony before the Senate Banking Committee.

Were Fannie, Freddie Negotiations Done in Good Faith?

The battle over Fannie Mae and Freddie Mac is heating up, which means this man will be very busy answering questions for the foreseeable future.

Freddie Mac Earnings Put Government in the Black

Freddie Mac follows Fannie Mae in announcing its total dividends paid to the government will exceed the government's bailout investment.

RBS Pummeled After Loss Report
RBS Pummeled After Loss Report

02/27/14 - 09:25 AM EST

Even when excluding hefty extraordinary items, Royal Bank of Scotland saw a 15% decline in operating profit during 2013.

Most Bank Stocks Rise on 'Credit Suisse Day'

Most bank stocks ended higher on Wednesday, while the broad market traded sideways.

U.S. Banks Earn $40.3 Billion During Fourth Quarter

The health of the U.S. banking industry is continuing to improve, although the hostile interest rate environment is placing a drag on operating revenue.

What Wall Street Is Saying About JPMorgan's Investor Day

There were no surprises at JPMorgan's Investor Day, setting the stock up for a much higher P/E multiple, according to analysts.

Swiss Banks Still Protecting Criminals
Swiss Banks Still Protecting Criminals

02/26/14 - 09:58 AM EST

Can today's scheduled Congressional grilling of Credit Suisse CEO Brady Dougan lead to greater pressure on Switzerland to allow the release of list of U.S. clients suspected of tax evasion?

Bank Stocks Weaken; Fed Announces Stress Test Results Date

Most bank stocks showed weakness Thursday on mixed economic reports, and the Fed set two important March dates for Bank stock investors.

2014 Is Year of Cutting for JPMorgan
2014 Is Year of Cutting for JPMorgan

02/25/14 - 10:17 AM EST

JPM has added thousands of employees to handle regulatory compliance, but expects its total headcount to decline for a third straight year.

Fannie Mae Leads U.S. Financials Higher
Fannie Mae Leads U.S. Financials Higher

02/24/14 - 04:14 PM EST

The government-sponsored enterprise leads financial names higher on a very strong Monday for the broad market.

Fannie Mae Keeps Shoveling Cash to the Government

The government Keeps Wallowing in GSE Dividends while private investors suffer.

'Too Big to Fail' Gets Even Bigger
'Too Big to Fail' Gets Even Bigger

02/24/14 - 11:55 AM EST

Regulations meant to make the biggest banks less risky are also keeping the biggest banks from shrinking.

Stop Being Allergic to Saving
Stop Being Allergic to Saving

02/24/14 - 09:20 AM EST

This is National Savings Week and also tax season -- an excellent time to assess whether you are saving enough to meet your financial goals.

Huntington Leads Bank Stocks Higher
Huntington Leads Bank Stocks Higher

02/21/14 - 04:19 PM EST

Most bank stocks rise on Friday as investors shrug off another disappointing housing report.

Fed Says LIBOR 'Understated,' Describes Wachovia Deposit Run at 2008 Meeting

The transcripts of the Federal Open Market Committee's emergency meetings in 2008 make for fun and fascinating reading.

JPMorgan's EPS Could Jump to $7.50, Analysts Say

The bank may boost its "normalized" earnings outlook significantly at its annual investor conference on Tuesday.

New York Community Leads Bank Stocks Higher as U.S. Manufacturing Surprises to Upside

Most large-cap bank stocks end higher, after the Markit Flash Manufacturing PMI for the U.S. in February showed a huge increase.

Mortgage Servicers Face Washington Hammer

Mortgage loan servicers have had an amazing ride, but now face much more regulatory scrutiny and a possible reduction in fees.

Buying a Home? Now May Be the Best Time
Buying a Home? Now May Be the Best Time

02/20/14 - 09:42 AM EST

With home buying and ownership expense rising so rapidly, it may be best to jump in and make a purchase now, before it becomes unaffordable.

Bank Stocks Buried by Weak Housing Data
Bank Stocks Buried by Weak Housing Data

02/19/14 - 04:12 PM EST

Most large-cap bank stocks pulled back on Wednesday, following a disappointing report on January housing starts.

JPMorgan Likely to Focus on Cost Cutting Next Week

With a continuing capital build and lower ROE, analysts expect JPMorgan to focus on cost-cutting at its investor conference next Tuesday.

Credit Agricole Gets House in Order, Restores Dividend

The French bank reported a fourth-quarter net income Group share of 1.293 billion euros and also announced a plan to restore its dividend.

Capital One Makes a 'Creepy' Mistake
Capital One Makes a 'Creepy' Mistake

02/19/14 - 08:54 AM EST

The company makes a pathetic first attempt to defuse an outcry over its new credit card agreement.

AIG Leads Financials as Investors Digest Q4 and Dividend

Most financial stocks traded sideways on Tuesday, with mostly negative economic reports.

Zions Primed for Rising Rates
Zions Primed for Rising Rates

02/18/14 - 10:52 AM EST

The bank expects a major improvement in its ROE this year, with some analysts thinking EPS estimates must rise, which can drive the stock.

SunTrust's New Planning Tool Can Provide Rude Awakening for Investors

Financial planning is made much easier using SunTrust's new SummitView system.

Bank Stocks Firm on 'Comcast Day'
Bank Stocks Firm on 'Comcast Day'

02/13/14 - 04:30 PM EST

Most stocks of large-cap U.S. banks rose on Thursday, when market news was dominated by the merger agreement between Comcast and Time Warner Cable.

Analysts Upbeat on MetLife Stock Following Earnings

Investors may not be entirely thrilled with MetLife's fourth-quarter earnings, but analysts see plenty of upside for the stock over the next year.

Foreclosures Spiking in Some States, After Years of Judicial Delays

States with judicial foreclosure processes are seeing foreclosures peak, according to RealtyTrac.

SunTrust Leads Bank Stocks Lower
SunTrust Leads Bank Stocks Lower

02/12/14 - 04:22 PM EST

Shares of SunTrust of Atlanta were down more than 3% on a rather weak Wednesday for the banking sector.

Banks Loosening Mortgage Lending Standards

Banks are reacting to a slowdown in mortgage lending activity by lowering their underwriting standard, which could boost the housing market.

Can the Lawsuit Against DoJ Over JPM Settlement Succeed?

Despite making so many excellent points in its lawsuit, Better Markets has little chance to succeed in having the JPMorgan settlement tossed.

Ocwen Shares Look Ripe After Brutal Pullback

Following a brutal pullback this year, the mortgage servicer's shares are trading for just 6.5 times the consensus 2015 EPS estimate.

Goldman Leads Banks Higher After Yellen Testimony

Bank stocks were strong after Federal Reserve Chair Janet Yellen indicated a continued market-friendly policy.

Barclays Stock Hammered, Bank Will Lay Off 820 Managers

Most of the bank's fourth-quarter profit was wiped out by fines, legal expenses and costs associated with its "Transform" program.

Zions Rises Over 2% on Flat Day for Bank Stocks

Most bank stocks traded sideways on Monday, although Federal Reserve data boded well for 2014 loan-growth forecasts.

Analysts Jump on American Express Growth Bandwagon

American Express is making a push for more merchants to accept its cards, and analysts are buying.

Barclays Data Breach Makes Target Look Tame

The bank has a lot on its plate heading into Tuesday's earnings report, including a report of a particularly nasty theft of customer data.

Bank Stocks Rise As U.S. Labor Force Grows

Most bank stocks ended higher on Friday, as investors cheered an increase in the U.S. labor participation rate.

These Northeast Banks Could Be Takeout Targets, Says Sterne Agee

A dozen Northeast community banks could be prime takeout targets for rivals needing more deposits to fund loan growth.

Citigroup Shares Have 35% Upside: BAC Merrill

Citi's stock is down 8% this year on concerns over emerging-markets exposure, setting up what could be a lucrative buying opportunity.

Bank Stocks Strong Following Thursday Unemployment Report

Bank stocks led the market higher on Thursday, as better-than-expected unemployment numbers set up Friday's January unemployment report.

Insurance Kickbacks Highlight Big-Bank Idiocy

Citigroup has agreed to make refunds to thousands of borrowers for over-charging them for force-placed insurance.

Large-Cap Banks 'Well Positioned Near-Term'

Stocks of the biggest U.S. banks are still trading near their highest discounts to regional banks, but that may change soon, according to Evercore Partners

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