NEW YORK ( TheStreet) -- Jefferies analyst Ken Usdin on Friday highlighted five regional bank "winners" based on first-quarter earnings reports this week.
The analyst said that in addition to beating consensus earnings estimates, the group of five banks "have also put up decent loan growth and kept
Usdin said the only "definitive miss" this week was First Horizon National (FHN) of Memphis, Tenn., which on Thursday reported first-quarter net income available to common shareholders of $30.5 million, or 12 cents a share, missing the consensus EPS estimate of 13 cents, among analysts polled by Thomson Reuters, which the analyst blamed on higher-than-expected mortgage putback expenses, along with net interest margin pressure.
The analyst said that "as expected," industry "loan growth has moderated in the first quarter, driven by a seasonal slowdown in
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