Banking & Finance - Page 2

Redfin Announces Potential Pricing for IPO

Redfin Corp filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). The company intends to price its 9.32 million shares ...
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Consumer Credit Card Losses and Risks Growing at Major Banks

Some consumers feel ripped off at the notion of paying 18% interest rates, or even higher, on their credit cards. The issue isn't just about being gouged. Consumers tend to have ...
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Which Major Bank Had the Best Earnings?

The major banks have kicked off the second-quarter earnings season with three of the biggest reporting on Friday morning. Although the U.S. broad markets are holding near all-time highs, these ...
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Wells Fargo Slips on Mixed Results

Wells Fargo & Co. (NYSE: WFC) reported its second-quarter financial results before the markets opened on Friday. The megabank said that it had $1.07 in earnings per share (EPS) and ...
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Why Citigroup Earnings Haven’t Fired Up Investors

Citigroup Inc. (NYSE: C) reported second-quarter 2017 results before markets opened Friday. The global bank reported diluted earnings per share (EPS) of $1.28 on revenue of $17.9 billion. In the ...
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Why JPMorgan Earnings Failed to Impress Investors

JPMorgan Chase & Co. (NYSE: JPM) reported second-quarter 2017 results before markets opened Friday morning. The investment bank and financial services giant reported diluted earnings per share (EPS) of $1.82 ...
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What to Expect From the Major Banks Reporting Friday Morning

The major banks kick off the earnings season each quarter, and we have a few of them reporting Friday morning. Although only three major banks are reporting, the rest will ...
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JPMorgan Stays Very Selective on Large Cap Banks to Buy

While the recent stress tests and Comprehensive Capital Analysis and Review (CCAR) results were very positive for the banking industry as a whole, many of the stocks have been on ...
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5 Analyst Bank Stock Picks That Are Huge Share Buyback Winners

If there is a set of data results that regulators and the Federal Reserve feel much better about, it's the recent bank stress test results and the Comprehensive Capital Analysis ...
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Key Winners and Losers Among Big Bank Capital Return Plans

Now that the U.S. Federal Reserve has released the 2017 results of the Comprehensive Capital Analysis and Review (CCAR), all 34 of the banks received approval for their shareholder capital ...
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5 Mid-Cap Regional Banks Undervalued by 20% or More

With the promise of higher interest rates coming and with less financial regulation already underway, much focus has been given to the higher future earnings capacity of the banking industry. ...
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Banks Passed the Test: 5 Large Cap Leaders to Buy for the Rest of 2017

One of the good things that often come out of desperate times, like the mortgage meltdown crisis of 2008 and 2009, is regulation that is put in place to make ...
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TPG REIT Gears Up for IPO

TPG RE Finance Trust has registered an amended S-11 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). No pricing details were mentioned in ...
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Why JPMorgan Shares Could Catch Up and Outperform the Dow and S&P

JPMorgan Chase & Co. (NYSE: JPM) and the financials have still lagged the overall market performance so far in 2017. The Dow was up almost 9% and the S&P 500 ...
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Byline Bancorp Closes in on IPO After Announcing Potential Pricing

Byline Bancorp has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). The company intends to price its 5.7 million ...
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