Ebrahim H. Poonawala

A further softening of oil prices and potentially unpleasant surprises in loan-loss provisions during the second half of 2015 could imperil petroleum-patch banks, an analyst said Wednesday. "It's too soon to call the all-clear," Bank of America's Ebrahim H. Poonawala said,...

In a report published Tuesday, Bank of America analyst Ebrahim H. Poonawala reiterated a Buy rating and $68.00 price target on Texas Capital Bancshares Inc (NASDAQ: TCBI). In the report, Bank of America noted, “We believe 3Q results should serve as a catalyst for a material re-rating higher in TCBI...

In a report published Wednesday, Bank of America analyst Ebrahim H. Poonawala reiterated a Buy rating on Texas Capital Bancshares (NASDAQ: TCBI), but lowered the price target from $70.00 to $68.00. In the report, Bank of America noted, “We believe that management's 2014 guidance is likely to prove...

In a report published Thursday, Bank of America Merrill Lynch analyst Ebrahim H. Poonawala upgraded Commerce Bancshares (NASDAQ: CBSH), raising its price objective to $40.00. According to the report, the analyst's cautious view on CBSH was largely driven by concern surrounding continued pressure...

In a report published Wednesday, Bank of America analyst Ebrahim H. Poonawala initiated coverage on Hancock Holding Company (NASDAQ: HBHC) with an Underperform rating and $29.00 price target. In the report, Bank of America noted, “Started over a century ago and with $18bn in assets, Gulfport,...

In a report published Wednesday, Bank of America analyst Ebrahim H. Poonawala initiated coverage on East West Bancorp (NASDAQ: EWBC) with a Neutral rating and $34.00 price target. In the report, Bank of America noted, “With $23bn in assets, Pasadena, California based East West Bancorp (EWBC)...

In a report published Wednesday, Bank of America analyst Ebrahim H. Poonawala initiated coverage on IBERIABANK Corporation (NASDAQ: IBKC) with a Buy rating and $66.00 price target. In the report, Bank of America noted, “We initiate coverage on Lafayette, Louisiana based IBERIABANK (IBKC) with a...

In a report published Wednesday, Bank of America analyst Ebrahim H. Poonawala initiated coverage on Texas Capital Bancshares (NASDAQ: TCBI) with a Buy rating and $55.00 price target. In the report, Bank of America noted, “We are initiating coverage on Dallas, Texas based Texas Capital (TCBI) with...

In a report published Wednesday, Bank of America analyst Ebrahim H. Poonawala initiated coverage on SVB Financial Group (NASDAQ: SIVB) with a Buy rating and $110.00 price target. In the report, Bank of America noted, “We are initiating coverage on Santa Clara CA based Silicon Valley Bank (SIVB)...