All Posts Tagged With: "TCBI"

(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 | Continued

(AAPL) Fourth Quarter 2012 Earnings Season Gets Into High Gear – Earnings Preview

The fourth quarter reporting season gets into high gear this week, with 253 companies coming out with quarterly results, including 83 S&P 500 companies. The earnings season thus far has been relatively uneventful, but we will have a better idea by the end of this week; by then we will have seen...

20Jan2013 | | Comments Off | 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 | Continued

(JPM) U.S. Banks Stock Outlook – December 2012 – Industry Outlook

What’s in Store for U.S. Banks in 2013? U.S. banks look ready for 2013 with uninterrupted expense control, sound balance sheets, an uptick in mortgage activity and lesser credit loss provisions. Moreover, a favorable equity and asset market backdrop, progressive housing sector...

19Dec2012 | | Comments Off | Continued

(JPM) U.S. Banks Stock Outlook – December 2012 – Zacks Analyst Interviews

What’s in Store for U.S. Banks in 2013? U.S. banks look ready for 2013 with uninterrupted expense control, sound balance sheets, an uptick in mortgage activity and lesser credit loss provisions. Moreover, a favorable equity and asset market backdrop, progressive housing sector...

19Dec2012 | | Comments Off | Continued

(GDP) U.S. Banks Stock Outlook – August 2012 – Industry Outlook

Barring an expected slowdown in loan growth, U.S. banks appear well placed to perform steadily through the remainder of 2012 on uninterrupted expense control and a contraction in provisions for credit losses. At least the progress seen in the first half of the year gives us this indication. Marked...

28Aug2012 | | Comments Off | 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 | 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

(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 good idea...

17Oct2011 | | 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 results...

11Aug2011 | | 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...

18Jul2011 | | 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...

24May2010 | | 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...

5May2010 | | 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

($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...

16Mar2010 | | 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)...

12Mar2010 | | 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)...

12Mar2010 | | 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...

10Mar2010 | | 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...

5Mar2010 | | 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 this step to free the...

23Feb2010 | | 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 of the globe. In other...

3Feb2010 | | 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

(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