-
Major Accounting Changes Are Coming To The Financial Industry
Tuesday, October 13, 2015 - 11:06am | 513• Keefe, Bruyette & Woods believes the new current expected credit loss standard (CECL) will be unveiled within the next several months. • The firm sees the new standard as a net positive in the long term for the financial industry. • The terms of the new standard will...
-
KBW Upgrades One Large Regional Bank, One Insurer After Black Monday
Tuesday, August 25, 2015 - 11:00am | 408Investors looking to add (or initiate) exposure in the financial sector following Monday's stock market sell-off should consider Christopher Mutascio of KBW two latest picks which consists of a large regional bank and an insurer. Upgrading Regions Financial To Market Perform Regions...
-
Bank Of America Upgraded En Masse On Wall Street
Tuesday, August 25, 2015 - 10:21am | 848Shares of Bank of America Corp (NYSE: BAC) rebounded on Tuesday morning by more than 5 percent after Wall Street analyst upgraded the stock en masse. The stock traded recently at $16.04, up 4.9 percent on the day. Bernstein: Sell-Off Provides ‘More Attractive' Entry Point John...
-
Calls of Note: The Research Notes Moving The Market This Monday
Monday, August 17, 2015 - 1:09pm | 1211The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." Pacific Crest: It's ‘OK' Apple iPhone Units Might Decline Next Year Andy Hargreaves of Pacific Crest believes that Apple Inc. (NASDAQ: AAPL) will...
-
Calls Of Note: The Research Moving The Market On Wednesday
Wednesday, August 12, 2015 - 10:56am | 1342The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." Morgan Stanley: Upgrading Google To Overweight Brian Nowak of Morgan Stanley upgraded shares of Google Inc (NASDAQ: GOOG) (NASDAQ:...
-
Calls Of Note: Shake Shack, Kate Spade And Other Notable Research Notes Worth Following On Tuesday
Tuesday, August 11, 2015 - 10:53am | 1107The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." Longbow: Shake Shack Trends ‘Picking Up,' Maintains At Neutral Alton Stump of Longbow Research maintained a Neutral rating on shares of Shake Shack...
-
These KBW Analysts Like Willis Group
Wednesday, July 29, 2015 - 3:41pm | 324Willis Group Holdings PLC (NYSE: WSH) announced its second quarter results Tuesday afternoon. The company reported earnings of $0.58 per share on revenue of $922 million, versus the Street’s consensus estimate of $0.54 per share and $970.79 million. KBW analysts Meyer Shields and Seth...
-
Top Bank Stocks To Buy Following Earnings Season
Tuesday, May 5, 2015 - 5:20pm | 681Analysts at Keefe, Bruyette & Woods recently released a report recapping the Q1 earnings season for bank stocks. Overall, analysts praised the banks for a solid start to 2015. Key Takeaways Of the 208 banks that Keefe, Bruyette & Woods looked at, 52 percent beat consensus earnings...
-
U.S. Bancorp's Consensus Earnings Per Share Estimates At Risk, Says KBW
Tuesday, February 17, 2015 - 11:41am | 314In a report published Tuesday, Keefe, Bruyette & Woods analyst Christopher Mutascio wrote that he is "increasingly confident" that U.S. Bancorp's (NYSE: USB) 2015 earnings per share estimate is too high and a revision lower is "likely" in the coming months. "At a recent conference, management...
-
Charles Schwab's Scalable Business Model Poised For Accelerated Growth
Friday, February 13, 2015 - 1:04pm | 215In a report published Friday, Keefe, Bruyette & Woods analyst Joel Jeffrey said that Charles Schwab Corp's (NASDAQ: SCHW) Winter Business Update on Thursday focused on the "scalability" of the firm's operations and financials. "Charles Schwab has generated strong asset and revenue growth over...
-
Here's What Analysts at KBW Have to Say About eBay's January Comps
Tuesday, February 10, 2015 - 2:33pm | 276ChannelAdvisor on Monday released eBay's (NASDAQ: EBAY) January same-store sales data which according to Sanjay Sakhrani of Keefe, Bruyette & Woods were somewhat mixed. EBay's total same-store sales grew 6.8 percent in January, which compares to a 5.8 percent growth in December, 9.8 percent...
-
Keefe, Bruyette & Woods Lowers Price Target On Community Trust Bancorp Following Q4 Earnings Print
Thursday, January 22, 2015 - 11:42am | 243Catherine Mealor of Keefe, Bruyette & Woods commented in a note on Thursday that Community Trust Bancorp, Inc. (NASDAQ: CTBI) posted fourth-quarter results that missed estimates due to higher expenses and a higher provision. “Still, the NIM improved two basis points quarter over...
-
Keefe, Bruyette & Woods Maintains On Sterling Bancorp After Meeting With CEO
Friday, January 16, 2015 - 10:36am | 220In a report released Friday morning, research firm Keefe, Bruyette & Woods reiterated its Outperform rating and $15.50 target price on Sterling Bancorp (NYSE: STL) after meeting with its CEO Jack Kopnisky. The encounter reaffirmed the firm's confidence in the company, the report assured...
-
Keefe, Bruyette & Woods Previews Citigroup's 4Q Print, Expects Some 'Kitchen Sinking'
Monday, January 12, 2015 - 12:02pm | 162Brian Kleinhanzl of Keefe, Bruyette & Woods previewed Citigroup Inc's (NYSE: C) fourth quarter earnings that are scheduled for January 15 before the market open. “Our earnings expectations for Citigroup are slightly below the consensus estimate,” Kleinhanzl wrote. “We are expected some ‘kitchen...
-
Keefe, Bruyette & Woods: Umpqua A 'Holiday Opportunity,' Valuation Compelling
Friday, December 26, 2014 - 10:00am | 179Jacquelynne Chimera of Keefe, Bruyette & Woods reiterated a Market Perform rating on Umpqua Holdings Corp (NASDAQ: UMPQ) on Friday with a $19 price target. “We believe the current valuation discount presents an attractive entry point into a franchise that we expect to post higher profitability...