All Posts Tagged With: "WL"
(FMCC) U.S. Banks Stock Update – January 2011 – Industry Outlook
Although a major recovery in the asset markets has been witnessed in recent quarters, the outlook for the U.S. banking industry remains in question due to several negatives, including asset-quality troubles, the continuation of both residential and commercial real estate loan...
(MTB) M&T Bank’s Rating Outlook Remains Negative – Ratings Affirmed by Fitch
M&T Bank Corporation’s (MTB) long-term and short-term issuer default ratings (IDRs) were affirmed by Fitch Ratings at “A-” and “F1,” respectively. However, the rating outlook remains “Negative.”
The...
(WL) Wilmington Trust – Bear of the Day
We have downgrading our long-term recommendation on Wilmington Trust (WL) to Underperform based on deteriorating credit quality and its exposure to risky construction loans. Wilmington’s second quarter...
(WL) Wilmington Trust – Bear of the Day
We are downgrading our long-term recommendation on Wilmington Trust (WL) to Underperform based on deteriorating credit quality and its exposure to risky construction loans.
Wilmington’s second...
(MS) U.S. Banks Stock Update – August 2010 – Industry Outlook
Although a major recovery in the asset markets has been witnessed in recent quarters, the outlook for the U.S. banking industry remains in question due to several negatives Incorporatedluding asset-quality troubles, the continuation of both residential and commercial real...
(JPM) U.S. Banks Stock Update – May 2010 – Industry Outlook
Although a major recovery in the asset markets has been witnessed in recent quarters, the outlook for the U.S. banking industry still remains in question due to several negatives Incorporatedluding asset-quality troubles, drawbacks of new regulations and the continuation of...
(WL) Wilmington Trust Corporation Analysts Upgrade to Neutral
Given the current market recovery factor and valued growth indicators, we are upgrading our recommendation on the shares of Wilmington Trust Corporation (WL) to Neutral from Underperform. Although the current...
(WL) Wilmington Trust Corporation Begins Stock Offering
In order to increase capital and enhance its liquidity, on Feb 22, 2010, Wilmington Trust Corp. (WL) announced the beginning of the public offering of its 18,875,000 shares that have been underwritten on its...
(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...
(WL) Wilmington Trust Corporation Underperforms Expectations
Wilmington Trust Corporation (WL) reported a fourth quarter loss available to common shareholders of $15.7 million or 23 cents per share compared to a loss of $69.4 million or $1.02 per share in the year-ago...
($JPM) U.S. Bank Industry Reviewed – Analyst Interview
After enduring extraordinary shocks in 2008, 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 spread to almost the entire financial services industry and all corners...
(WL) Wilmington Trust – Bear of the Day
Wilmington Trust’s (WL) second-quarter earnings came in ahead of the Zacks Consensus Estimate, aided by strong growth in client services business and improvement in net interest margin. However, credit quality deteriorated drastically during the reported quarter.
In...
(OCN) U.S. Banks – Industry Outlook
We think that the worst of the credit crisis is now probably behind us, but the banking system is not yet out of the woods — there are still many significant challenges ahead. The banks are now able to tap the debt markets without FDICs support and also access the equity...
(CAL) Wilmington Not a CAL Lender – Analyst Blog
Wilmington Trust is not a lender to Continental Airlines
In a filing with SEC on July 1, 2009, Continental Airlines Inc (CAL) unveiled an agreement with Wells Fargo & Company (WFC) and Wilmington Trust Corporation...
(OCN) U.S. Banks – Industry Outlook
The worst of the credit crisis is now probably behind us, but the banking system is not yet out of the woods, as there are still many significant challenges ahead.
Ten of the nation’s largest banks have received the Treasury approval for TARP repayment, as they...