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US Bancorp Posts Q1 Earnings Beat, New CEO Exhibits 'Sense Of Urgency'
Thursday, April 17, 2025 - 2:45pm | 570US Bancorp (NYSE:USB) reported upbeat first-quarter earnings on Wednesday. Here are some key analyst takeaways. Goldman Sachs analyst Richard Ramsden maintained a Neutral rating, while reducing the price target from $44 to $42. DA Davidson analyst Peter Winter reiterated a Buy rating, while...
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US Bancorp Reports Q4 Earnings Beat, 'Has Turned The Corner,' Analysts Say
Friday, January 17, 2025 - 11:48am | 434US Bancorp (NYSE:USB) reported mixed results for the fourth quarter. The company reported its quarterly results amid an exciting earnings season. Here are some key analyst takeaways. DA Davidson On US Bancorp Analyst Peter Winter maintained a Buy rating and a price target of $60. US Bancorp...
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New York Community Bancorp Takes 'Positive Step' But 'Path Ahead Remains Uncertain,' Analysts Warn
Friday, March 8, 2024 - 2:42pm | 880Regional banking company New York Community Bancorp (NYSE:NYCB) has been increasingly volatile after announcing a new $1 billion equity infusion from investors and changes to its management. Analysts size up the changes and what a recent company update means for the stock going forward. The New...
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Why Wedbush's Peter Winter Says Fed Will Gradually Increase Rates, And What It Means For Bank Stocks
Wednesday, February 23, 2022 - 4:10pm | 657The sentiment is building for a half basis point hike by the Federal Reserve in March. However, Peter Winter, who covers regional banks at Wedbush Securities, is not so convinced. "With rates now basically at zero and some uncertainty with the economy, a 50 basis point hike would spook...
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KeyCorp's Q1 Draws Mixed Analyst Reviews, Stock Heads Higher
Friday, April 17, 2020 - 3:06pm | 502KeyCorp (NYSE: KEY) reported first-quarter earnings of 12 cents per share Thursday, significantly missing the consensus estimate of 32 cents per share. The bank posted a higher provision expense in the quarter of $359 million. BofA Securities Drops Bullish KeyCorp Stance ...
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A 'Bullish Sign': Analysts Positive On BB&T's Mega Merger With SunTrust
Friday, February 8, 2019 - 2:30pm | 772The proposed combination of BB&T Corporation (NYSE: BBT) with SunTrust Banks, Inc. (NYSE: STI) could create the sixth-largest U.S. retail bank and mark the largest merger in the sector since the financial crisis. Here's how some of the Street's top analysts reacted to Thursday's...
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MB Financial Acquisition Makes Fifth Third A Buy, Wedbush Says In Upgrade
Tuesday, September 4, 2018 - 10:19am | 453Wedbush upgraded Fifth Third Bancorp (NASDAQ: FITB) and outlined its projections for the bank's growth potential in the wake of its acquisition of MB Financial (NASDAQ: MBFI). The Analyst Analyst Peter Winter upgraded Fifth Third from Neutral to Outperform and increased the price...
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Wedbush Turns Bullish On Comerica, Says Bank Is A Sector Standout
Monday, April 9, 2018 - 11:18am | 443Comerica Incorporated (NYSE: CMA) has multiple levers ahead that should help the bank realize superior EPS growth over the coming years, according to Wedbush. The Analyst Wedbush's Peter Winter upgraded Comerica's stock rating from Neutral to Outperform with a price target lifted from $...
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UPDATE: BMO Capital Markets Upgrades FNB Corp., Expects Better Operating Leverage
Tuesday, January 7, 2014 - 1:20pm | 130In a report published Tuesday, analyst Peter Winter of BMO Capital Markets upgraded FNB Corporation (NYSE: FNB) from Market Perform to Outperform and also moved price target from $14 to $15. Noted within the report, "We expect better operating leverage in late 2014 and into 2015 as the expense...
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Comerica Incorporated (CMA) Prices Its Offering At $35
Tuesday, March 9, 2010 - 7:00pm | 100Comerica Incorporated (NYSE: CMA), which announced on Monday after the market close that it plans to raise as much as $800 million, said that it has priced the offering of 22.8 million of its shares at $35 a share. The bank intends to repay the money it received from the government under the TARP...