Fifth Third Bancorp
The Banks in XLF: All Posted Negative Returns
All 21 banks in XLF posted negative returns during the week ended January 22, 2016. Fifth Third Bancorp (FITB), Bank of America (BAC), and Citigroup (C) were the worst performers.
Why Banks Are Anxious about the Fed Meeting
Interest rates are the most important driver for a bank, as they determine banks’ net interest margins.
Stock Markets Posted Weekly Gains as Oil Prices Recovered
US markets gained on Friday, January 22, 2016, backed by a recovery in oil prices. Although broad markets gained during the week, the financial sector continued to see weakness.
Fed’s Hawkish Monetary Policy to Drive Banks’ Profitability
At the current 2.0% rate, the Federal funds rate is still very low when compared with the pre-recession rate of 5.25% in June 2006.
How Fifth Third Bancorp Has Performed Recently
Fifth Third Bancorp has an impressive free cash flow position.
Financials Sector: Supported by Upward Revision in US GDP
After pulling back briefly on March 29, the financials sector regained strength and led the market rally on March 30.
Emera US Finance Issued the Most High Grade Bonds Last Week
Yankee bond issuers dominated the primary high grade bond market in the week ended June 10, making up 30.3%, or $10.2 billion, of all issues.
Investment-Grade Bond Funds Saw Record Inflows Last Week
Investment-grade bond funds saw net inflows of $2.2 billion during the week, the highest since February 25, 2015.
Small-Cap Stocks Are Getting Killed in 2016
Small-cap stocks under $10 billion market capitalization have fallen 16% in the past year and 8.3% last week.
Rate Hike Expectations Propelled Financial Stocks Higher
Many banks and financial service providers’ stocks rose on December 15. US investors picked the stocks with the expectation of the zero interest rate policy.
Key for Investors: ZIRP and US Interest Rates
“ZIRP” (zero interest-rate policy) is a term that’s used to refer to monetary policy in the US. It refers to low nominal interest rates in an economic system.
How Has Huntington Bancshares Performed?
Huntington’s peers have outperformed the company based on EPS. However, Huntington Bancshares is way ahead of its peers based on forward PE and PBV.
Deutsche Bank Issues the Most High-Grade Bonds Last Week
Deutsche Bank AG (DB) issued bonds worth $1.3 billion, the largest issuance last week. Fifth Third Bank issued A3/A- rated high-grade bonds worth $1.25 billion.
SunTrust Bank Has a Lower Dividend Yield
SunTrust Bank (STI) paid common dividends totaling $371 million or $0.70 per share in 2014.
BB&T Offers a Higher Dividend Yield Compared to Its Peers
Dividend yield is a company’s annual dividend per share. It’s expressed as a percentage of its share price. Dividend yields are important if you want a regular stream of income.
BB&T to Expand Its Footprint in Ohio and the Mid-Atlantic Region
BB&T’s Susquehanna acquisition will significantly expand BB&T’s Mid-Atlantic footprint. The deal is valued at ~$2.5 billion. It will close in the second half of 2015.
Teachers fund eliminates stake in Citizens Financial Group
Citizens Financial Group is a retail bank holding company. It posted fourth-quarter net income of $197 million, up from $152 million.
Regions Financial has low earnings and dividend growth
Earnings are growing, but at a slow pace. Regions Financial’s (RF) net income increased by 1% in 2014—compared to 2013.