Credit costs are the story behind the penny miss: the provision for credit losses jumped to $28.6 million, driven by charge-offs on three borrower-specific credits. Underlying, net interest income hit a record, so the franchise is earning its way through the losses.
Latest Activity
CATY Coverage
Banking on Yield? Here’s How We Scored Dime Community Bancshares (DCOM) Dividend
Regional banks continued their steady dividend payouts this week, with Dime Community Bancshares (NASDAQ: DCOM) paying 25 cents per share on Jan. 23, maintaining the quarterly rate it’s held since early 2023.…
From 208-Year-Old Utilities to Modern BDCs: Where Safe Income Meets Growth
Small cap dividend stocks offer an appealing combination of income and growth potential, but safety remains paramount for investors seeking reliable distributions. Among sub-$10 billion companies paying dividends, six names stand out…
Top Analyst Upgrades and Downgrades: Akamai, Analog Devices, Enphase, LivePerson, NCR, Nu Skin, Tiffany, Valero and More
The top analyst upgrades, downgrades and initiations seen on Monday included Akamai Technologies, Analog Devices, Enphase Energy, LivePerson, NCR, Nu Skin, Tiffany and Valero Energy.
Insider Selling Still Climbing as Markets Hit New All-Time Highs
With the Dow and the S&P 500 at all-time highs, the fact that insiders continue to take advantage of the move in the markets should come as no surprise.
Top Analyst Downgrades and Stocks to Sell: Allot, Microsoft, Vical and More
These are the top analyst downgrades, cautious research notes and stocks to sell from Wall Street for Tuesday, August 13, 2013. They include Allot Communications, Microsoft, Vical and First Solar.