Regional – Southwest Banks

(CBSH) Commerce Bancshares to Buy Summit Bank

In a bid to expand its operational roots, Missouri-based Commerce Bancshares, Inc. (CBSH) entered into a definitive agreement with Summit Bancshares, Inc., of Tulsa and Oklahoma City to acquire the latter. The all-stock deal, valued...

26Jun2013 | | Comments Off on (CBSH) Commerce Bancshares to Buy Summit Bank | Continued

(BOKF) BOK Financial’s Earnings Beat

BOK Financial Corporation’s (BOKF) first-quarter 2013 earnings of $1.28 per share surpassed the Zacks Consensus Estimate by 10 cents. Moreover, results came above the prior-quarter earnings of $1.21.

Better-than-expected...

2May2013 | | Comments Off on (BOKF) BOK Financial’s Earnings Beat | Continued

(BOKF) BOK Financial Earns Neutral Rating From Analyst

We have reiterated our long-term Neutral recommendation on BOK Financial Corporation (BOKF) based on its solid fundamentals and recent acquisition amidst the current economic environment.

In August 2012, BOK Financial announced...

7Jan2013 | | Comments Off on (BOKF) BOK Financial Earns Neutral Rating From Analyst | Continued

(TCBI) Texas Capital Bancshares – Bull of the Day

Texas Capital Bancshares, Inc.’s (TCBI) second-quarter 2012 operating earnings surpassed the Zacks Consensus Estimate by a nickel. Quarterly results benefited from an increase in the top line aided by an augmentation of both...

30Jul2012 | | Comments Off on (TCBI) Texas Capital Bancshares – Bull of the Day | Continued

(BOKF) BOK Financial Corporation – Bull of the Day

We have upgraded our recommendation on BOK Financial Corp. (BOKF) to Outperform from Neutral based on the improvements in its credit quality trends amidst an economic recovery along its primary markets. The company's first-quarter...

25Jun2012 | | Comments Off on (BOKF) BOK Financial Corporation – Bull of the Day | Continued

(BOKF) BOK Financial Corporation – Bull of the Day

We are upgrading our recommendation on BOK Financial Corp. (BOKF) to Outperform from Neutral based on the improvements in its credit quality trends amidst an economic recovery along its primary markets. The company’s first-quarter...

14Jun2012 | | Comments Off on (BOKF) BOK Financial Corporation – Bull of the Day | Continued

(MCBI) U.S. Banking Industry Stock Outlook – January 2012 – Industry Outlook

The recurrence of the intimidating 2008 meltdown is not expected for the U.S. banking industry in 2012 as the financial institutions are actively responding to every legal and regulatory pressure. In fact, this promptness has positioned the banks well to encounter impending challenges.

However,...

14Jan2012 | | 0 comments | Continued

(MCBI) U.S. Banks Stock Outlook – January 2011 – Zacks Analyst Interviews

The recurrence of the intimidating 2008 meltdown is not expected for the U.S. banking industry in 2012 as the financial institutions are actively responding to every legal and regulatory pressure. In fact, this promptness has positioned the banks well to encounter impending challenges.

However,...

13Jan2012 | | 0 comments | Continued

(TCBI) Texas Capital Bancshares – Bull of the Day

Texas Capital Bancshares, Inc. (TCBI) reported third-quarter 2011 operating earnings of $0.56 per share, which came well ahead of the Zacks Consensus Estimate of $0.50 per share. The results were also above the prior-year quarter’s...

25Oct2011 | | 0 comments | Continued

(TCBI) Texas Capital Bancshares – Bull of the Day

Texas Capital Bancshares, Inc. (TCBI) reported third-quarter 2011 operating earnings of $0.56 per share, which came well ahead of the Zacks Consensus Estimate of $0.50 per share. The results were also above the prior-year quarter’s...

24Oct2011 | | 0 comments | Continued

(BOKF) BOK Financial’s Outlook Positive

The long-term Issuer Default Ratings (IDR) of BOK Financial Corp. (BOKF) and its lead bank subsidiary, BOKF, NA was affirmed by Fitch Ratings at ‘A-‘. However, the rating outlook has been revised to Positive from Stable.

The...

5Aug2011 | | 0 comments | Continued

(CBSH) Commerce Bancshares Analyst Remains Neutral on Shares

We continue to maintain our long-term “Neutral” recommendation on Commerce Bancshares Inc. (CBSH). Although the company has the scope to expand inorganically with its excellent liquidity position, we remain cautious on the company’s...

1Jul2011 | | 0 comments | Continued

(UMBF) UMB Financial Corporation – Solid Dividend – Reasonable Valuation

UMB Financial Corporation (UMBF) recently reported another solid quarter marked by growing non-interest income and solid credit quality.

Earnings per share beat the Zacks Consensus Estimate by 31%, prompting analysts to revise...

4May2011 | | 0 comments | Continued

(CBSH) Commerce Bancshares’ Reports Earnings Meet Expectations

Commerce Bancshares Inc. (CBSH) reported its first quarter 2010 earnings of $44.2 million or 53 cents per share, compared with $49.6 million or 60 cents per share in the prior quarter and $30.8 million or 38 cents per share in the...

18Apr2010 | | 0 comments | Continued

(TCBI) Texas Capital Bancshares Warrents Sold by U.S. Treasury for $6.6 Million

The Treasury announced on Friday that it has received net proceeds of $6.6 million from the sale of warrants it had obtained as part of its investment in Texas Capital Bancshares Inc. (TCBI) through the Troubled Asset Relief Program...

16Mar2010 | | 0 comments | Continued

(BOKF) BOK Financial Corporation Misses Estimates

BOK Financial Corporation’s (BOKF) fourth quarter earnings of 63 cents per share were 3 cents below the Zacks Consensus Estimate of 66 cents. The company had earned 52 cents in the year-ago period. Results reflected a lower-than-expected...

1Feb2010 | | 0 comments | Continued

(TCBI) Texas Capital Bancshares Tops View

Texas Capital Bancshares Inc.’s (TCBI) fourth quarter earnings of 18 cents per share were slightly ahead of the Zacks Consensus Estimate of 16 cents. The company had earned 11 cents in the year-ago quarter. The better-than-expected...

28Jan2010 | | 0 comments | Continued

(CBSH) Commerce Bancshares Analyst Lowers Rating to Neutral

Given the current critical sustainability factor, we are downgrading our recommendation on the shares of Commerce Bancshares Inc. (CBSH) to Neutral from Outperform. Although the company’s third quarter results were substantially...

6Jan2010 | | 0 comments | Continued

(BOKF) BOK Financial Corporation Beats Consensus Forecasts

BOK Financial Corporation’s (BOKF) third-quarter earnings of 75 cents per share were 7 cents ahead of the Zacks Consensus Estimate of 68 cents. The company had earned 84 cents in the year-ago period. Results...

8Nov2009 | | 0 comments | Continued

(TCBI) Texas Capital Bancshares’ Report Misses Estimates

Texas Capital Bancshares’ (TCBI) third quarter earnings of 15 cents per share were down from the Zacks Consensus Estimate of 22 cents. The company had earned 27 cents in the year-ago quarter.

Results reflected the elevated...

27Oct2009 | | 0 comments | Continued

(PRSP) Prosperity Bancshares Beats Consensus Estimates

Prosperity Bancshares Inc. (PRSP), the parent company of Prosperity Bank, reported net income for the quarter ended Sep 30, 2009, of $29.3 million or 63 cents per common share, an increase of 89.8%, compared with the corresponding prior-year quarter. This was higher than the Zacks...

20Oct2009 | | 0 comments | Continued

($CBSH) Commerce Bancshares Beats Earnings Estimates Again

Commerce Bancshares Inc. (CBSH) today reported its third quarter 2009 earnings at $51.6 million or 66 cents per diluted share, compared to $37.0  million or 48 cents per diluted share in the prior quarter and $24.7 million or 32 cents per diluted share in the prior-year quarter.

The...

16Oct2009 | | 0 comments | Continued

(GSBC) Five More Banks Fail

Three more banks and two thrifts in U.S. fail, tally reaches 89 this year

The recession continues to weigh heavily on banks as U.S. regulators on Friday shuttered five more institutions in Missouri, Illinois, Iowa and Arizona. This takes the total number of failed...

8Sep2009 | | 0 comments | Continued

(GFG) 2nd Largest Bank Failure in ’09

Regulators shut down 4 more banks including Guaranty, the 2nd largest this year; total failed banks in ’09 reach 81

U.S. regulators on Friday shuttered more four banks Incorporatedluding Guaranty. The shutdown of Guaranty, a unit of Guaranty Financial...

24Aug2009 | | 0 comments | Continued