The good times are still rolling on Wall Street. An intensifying earnings season will put that momentum to the test. The S & P 500 ended Friday at…
Read more Earnings will drive the stock market in the week ahead. That’s a good thingHuntington Bancshares (NASDAQ:HBAN – Get Free Report) will be announcing its earnings results before the market opens on Friday, July 19th. Analysts expect the company to announce earnings…
Read more Huntington Bancshares (HBAN) Set to Announce Quarterly Earnings on FridayJim Cramer’s daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. T-Mobile : The wireless carrier announced plans to pay $4.4 billion…
Read more Jim Cramer likes bullish calls on Viking and Airbnb but is cautious on this bankFor years, both Fifth Third and Huntington have been eyeing growth opportunities outside of their home bases in the Midwest.Bloomberg Higher-for-longer interest rates are dampening commercial loan demand…
Read more Ohio banks say ‘Howdy’ to commercial loan opportunities in TexasInvestors will parse through regional bank results this week to deliberate how to trade a sector that has been weighed down by the prospect of higher-for-longer interest rates.…
Read more Regional banks will dominate rest of earnings season this week. Here’s what analysts expectHere are the biggest calls on Wall Street on Wednesday: Redburn Atlantic Equities reiterates Amazon as buy Redburn said Amazon Web Services’ pricing power will drive share acceleration…
Read more Here are Wednesday’s biggest analyst calls: Nvidia, Apple, Target, Amazon, Quest, Deckers, Alphabet & moreHuntington Bancshares is projecting that its average loans will rise by 3% to 5% over the coming year, while its deposits will increase by 2% to 4%, and…
Read more Huntington eyes growth markets as peers pare backHuntington Bancshares’ entry into Native American financial services is an outgrowth of its 2021 acquisition of TCF Financial, which expanded the bank’s footprint into Minnesota and Colorado.Emily Elconin/Bloomberg…
Read more Huntington targets Carolinas for commercial banking pushA customer enters Comerica Inc. Bank headquarters in Dallas, Texas. Cooper Neill | Bloomberg | Getty Images A trio of regional banks face increasing pressure on returns and…
Read more These regional banks are at greatest risk of being taken over by rivals, according to KBWShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Power Lunch Stephen Steinour, Huntington Bank CEO, joins ‘Power Lunch’ to discuss the bank’s earnings,…
Read more Huntington Bank CEO on Q2 bank earnings, loan demand and the state of the consumerWith the Federal Reserve expected to pause its rate-hiking campaign at this week’s meeting, regional banks stocks have made a comeback, but that doesn’t mean all the trouble…
Read more As regional bank stock rally regains steam, investors should watch out for these spoilersMichael Burry, known for calling the subprime mortgage crisis, bought a number of regional banks last quarter, betting the industry could weather the crisis, according to a new regulatory…
Read more ‘Big Short’ Michael Burry bought a slew of regional banks last quarter amid banking crisisSigns explaining Federal Deposit Insurance Corporation (FDIC) and other banking policies on the counter of a bank in Westminster, Colorado November 3, 2009. Rick Wilking | Reuters If…
Read more The bad loan term that’s back for banks trying to spot a recessionForget about Treasury bills or certificates of deposit. Just look at the fat dividend yields now on offer among regional banks after the March meltdown triggered by the…
Read more Wall Street is confident high-yielding banks won’t cut their dividendsSen. Cory Booker (D-NJ) speaks during Attorney General nominee Merrick Garland’s confirmation hearing before the Senate Judiciary Committee, Washington, DC, February 22, 2021. Al Drago | Pool |…
Read more Sens. Booker, Warnock press big bank CEOs to pause overdraft fees after SVB failureBanks finally got a long-awaited boost to interest rates this year after a decade of toiling in a low-rate environment. It didn’t go as planned. A year ago,…
Read more 2022 didn’t go as expected for bank investors. How to avoid pitfalls in the sector in 2023
