All Posts Tagged With: "TCBI"
(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 | vitalstocks | 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 | vitalstocks | 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 earnings of $0.25 per share. Quarterly...
25Oct2011 | vitalstocks | 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 earnings of $0.25 per share. Quarterly...
24Oct2011 | vitalstocks | 0 comments | Continued(AAPL) A Busy Week Ahead – Earnings Preview
Earnings Preview 10/14/11 While the earnings season kicked off this past week, only 38 firms reported. The game really gets under way next week, when we will get reports from 336 firms, including 99 members of the S&P 500. Thus, by the end of the week we will have a very...
17Oct2011 | vitalstocks | 0 comments | Continued(FMCC) U.S. Banks Stock Outlook – Aug. 2011 – Industry Outlook
Whatever be the impending economic state, U.S. banks — the lifeblood of the economy — are actively responding to every legal and regulatory pressure. In fact, this prompt responsiveness has positioned the banks well to encounter upcoming challenges. Along with improving...
11Aug2011 | vitalstocks | 0 comments | Continued(AAPL) 2011 Second Quarter Earnings Preview – Detailed
Earnings Preview 7/15/11 Second quarter earnings season is now under way, but things really start to move into high gear next week. There will be 348 firms reporting, and 108 of those are in the S&P 500. By next Friday we should have a very good handle on how the overall...
18Jul2011 | vitalstocks | 0 comments | Continued(WFC) Wells Fargo Warrants Sold by U.S. Treasury $$
The Treasury announced on Friday that it will earn $840 million from the sale of warrants that it obtained as part of its investment in Wells Fargo & Co. (WFC) through the Troubled Asset Relief Program (TARP) during the height of the financial crisis. In October 2008, Wells...
24May2010 | vitalstocks | 0 comments | Continued(CMA) Comerica Warrants to be Sold by the U.S. Treasury
Yesterday, the U.S. Treasury announced that it will auction warrants of Comerica Inc. (CMA) this week. The Treasury will auction 11.48 million warrants of Comerica on Thursday. The minimum bid price is set at $15 per warrant. This move will completely free Comerica from government...
5May2010 | vitalstocks | 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 $6.6 million from the sale of warrants it had obtained as part of its investment in Texas Capital Bancshares Inc. (TCBI) through the Troubled Asset Relief Program (TARP) during the height of the financial crisis....
16Mar2010 | vitalstocks | 0 comments | Continued($BAC) Bank of America Eyes Expansion in China
According to a Wall Street Journal report, Bank of America Corporation (BAC) is looking to expand its operations in China. Currently, the bank has some investment banking and lending operations in the country. BofA also owns a minority stake in China Construction Bank. According...
16Mar2010 | vitalstocks | 0 comments | Continued(WFSL) U.S. Treasury Sells Washington Federal Warrants
The Treasury announced Wednesday that it has received net proceeds of $15.4 million from the sale of warrants it obtained as part of its investment in Washington Federal Inc. (WFSL) through the Troubled Asset Relief Program (TARP) during the height of the financial crisis. In...
12Mar2010 | vitalstocks | 0 comments | Continued(SBNY) U.S. Treasury Sells Warrants of Signature Bank
The Treasury announced Thursday that it has received net proceeds of $11.2 million from the sale of warrants it obtained as part of its investment in New York-based Signature Bank (SBNY) through the Troubled Asset Relief Program (TARP) during the height of the financial crisis....
12Mar2010 | vitalstocks | 0 comments | Continued(BAC) Bank of America Complies With Federal Reserve Ruling – Ends Debit Card Overdrafts
To play by the rules set by the Federal Reserve that will prohibit banks from charging overdraft fees effective July 1, 2010, Bank of America Corporation (BAC) said on Tuesday that it will eliminate such fees on debit card purchases starting June 19, 2010. This move will restrict...
10Mar2010 | vitalstocks | 0 comments | Continued(BAC) U.S. Treasury Gets $1.5B from Bank of America Warrants
The Treasury has received net proceeds of $1.5 billion from the sale of warrants that entitled it to purchase common stock of Bank of America Corp. (BAC). The Treasury received these warrants as part of its investment in BofA through the Troubled Asset Relief Program (TARP) during...
5Mar2010 | vitalstocks | 0 comments | Continued(BAC) U.S. Treasury Sells Warrants of Four Banks
The U.S. Treasury Department is planning to auction off its warrant positions in four banks, which it received as part of its investments in banks through the $700 billion Troubled Asset Relief Program (TARP) during the height of the financial crisis. The government is taking...
23Feb2010 | vitalstocks | 0 comments | Continued(JPM) U.S. Banks Stock Update – February 2010 – Industry Outlook
After enduring extraordinary shocks in 2008, the U.S. banks entered an exceptional state of turmoil in 2009. Starting as a credit issue in the subprime segment of the mortgage market, the sticky situation infected almost the entire financial services industry, and all corners...
3Feb2010 | vitalstocks | 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 results were primarily driven by an increase...
28Jan2010 | vitalstocks | 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 provisioning levels for loan losses due to the challenging...
27Oct2009 | vitalstocks | 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...
20Oct2009 | vitalstocks | 0 comments | Continued