A $473 million pre-tax loss on the pending sale of roughly $4.5 billion in low-yielding consumer mortgages gutted the headline numbers and flipped First Horizon to a GAAP loss, even as adjusted earnings came in beating expectations. Management says the swap adds roughly 4% to 2027 EPS, so the pain is priced for next year's payoff.
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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.…
3 Financial Sector Dividend Stocks Ready to Dominate in a Lower Rate Environment
The conventional wisdom says that lower interest rates will hurt banks and much of the financial sector as net interest margins compress, lending profits shrink, and dividend growth stalls. This narrative isn’t…
Friday’s Top Analyst Upgrades and Downgrades: American Express, Keurig Dr Pepper, Meta, Teva Pharmaceutical and More
Friday's top analyst upgrades and downgrades included American Express, Aptiv, BorgWarner, First Horizon, Keurig Dr Pepper, Meta Platforms, MGIC Investment, Simon Property Group and Teva Pharmaceutical Industries.
Wednesday’s Top Analyst Upgrades and Downgrades: Apple, Devon Energy, Global Payments, Mobileye, Netflix, Oracle, PayPal, Ulta Beauty, Urban Outfitters and More
Wednesday's top analyst upgrades and downgrades included Apple, Devon Energy, EOG Resources, First Horizon, Global Payments, Mobileye Global, Netflix, Oracle, PagSeguro Digital, PayPal, Radian, StoneCo, Ulta Beauty and Urban Outfitters.
Thursday’s Top Analyst Upgrades and Downgrades: Coterra Energy, Eli Lilly, First Horizon, Palo Alto Networks, Southwestern Energy, Toast and More
Thursday's top analyst upgrades and downgrades included Antero Resources, AutoZone, Coterra Energy, Dollar General, Eli Lilly, First Horizon, Infosys, Owens Corning, Palo Alto Networks, Range Resources, Southwestern Energy, Toast, Urban Outfitters and Workday.
Wednesday’s Top Analyst Upgrades and Downgrades: Carvana, Coinbase, Etsy, GE Healthcare, Home Depot, Royal Caribbean, Warner Bros Discovery and More
Wednesday's top analyst upgrades and downgrades included Amgen, Canadian Pacific Kansas City, Carvana, Coinbase Global, Etsy, First Horizon, GE Healthcare Technologies, Gilead Sciences, Home Depot, Mosaic, Royal Caribbean Cruises, Vornado Realty Trust,…
Tuesday Premarket: Spotlight on Bank Lending, Earnings Results
U.S. equity markets closed mixed on Monday but were solidly lower early Tuesday. Worries over a slowing economy and political brinksmanship over the nation's debt ceiling will be hard to overcome.
Monday Premarket: Regional Bank Stocks Climb, Bitcoin Falls, AMC Settles
Regional bank stocks were climbing in Monday's premarket, while a system overload caused the world's largest crypto exchange to close temporarily twice on Sunday.
Monday’s Top Analyst Upgrades and Downgrades: Altria, Block, Coinbase, KB Home, Pfizer, PNC Financial, RingCentral, Uber and More
Monday's top analyst upgrades and downgrades included Altria, Block, Coinbase Global, Deere, First Horizon, KB Home, Pfizer, PNC Financial Services, RingCentral, Uber Technologies znd Zoom Video Communications.
Top Analyst Upgrades and Downgrades: Best Buy, Chesapeake Energy, Comcast, Cree, EverQuote, KeyCorp, Lumentum, Nvidia, Vodafone, Xilinx and More
The top analyst upgrades, downgrades and initiations seen on Tuesday included Best Buy, Chesapeake Energy, Comcast, Cree, EverQuote, KeyCorp, Lumentum, Nvidia, Vodafone and Xilinx.
Top Analyst Upgrades and Downgrades: Avon, Broadcom, CDW, CSX, Goldman Sachs, Starbucks, Twitter, Under Armour, Windstream and More
The top analyst upgrades, downgrades and other research calls from Wednesday include Avon, Broadcom, CDW, CSX, Goldman Sachs, Starbucks, Twitter, Under Armour and Windstream.
Jefferies Has 5 Stocks to Buy That Should Raise Dividends and Earnings
These five stocks come with upward earnings revisions and the potential for rising dividends. They all make good sense for investors looking for stocks ideas as we get closer to the second…
Top Analyst Upgrades and Downgrades: BHP Billiton, Deere, Logitech, Medtronic, Square, Sealed Air, Orbital ATK and More
The top analyst upgrades, downgrades and initiations seen on Tuesday morning include BHP Billiton, Deere, Logitech, Medtronic, Square, Sealed Air and Orbital ATK.
Deutsche Bank Says 3 Bank Stocks Best Pure Play on Rising Rates
A new research report from Deutsche Bank takes an in-depth look at how various banks will be affected by a rate hike and highlights three that could trade strong initially and sustain…
Top Analyst Upgrades and Downgrades: Newmont, Vodafone, Yelp, Western Digital, American Airlines, AT&T and More
Tuesday's top analyst upgrades, downgrades and initiations include Newmont Mining, Vodafone, Yelp, Western Digital, American Airlines and AT&T.