Technical Coverage of Banking Stocks -- Research on Valley National Bancorp, National Penn Bancshares, Zions, and Umpqua Holdings
PR Newswire - Thu May 08, 7:37AM CDT
The markets on Wednesday, May 07, 2014 ended on a mixed note as the S&P 500 finished the session 0.56% higher at 1,878.21, and the NASDAQ Composite closed at 4,067.67, down 0.32%. The Dow Jones Industrial Average finished at 16,518.54, up 0.72%. During the session, the eight out of ten sectors ended in positive. During the session gains in the Utilities, Financials and Consumer Staples sectors positively impacted the broader market, while some retraction came in from Information Technology and Consumer Discretionary sectors. The S&P 500 Financials Sector Index closed the day at 294.67, up 1.28%, with the index also advancing 0.12% in the last one month. Investor-Edge has initiated coverage on the following equities: Valley National Bancorp (NYSE: VLY), National Penn Bancshares Inc. (NASDAQ: NPBC), Zions Bancorporation (NASDAQ: ZION) and Umpqua Holdings Corporation (NASDAQ: UMPQ). Free technical research on VLY, NPBC, ZION and UMPQ can be downloaded upon signing up at:
Why Bank Shares Are a Problem for the Stock Market
at The Street - Wed May 07, 9:28AM CDT
You can't have a bull market for stocks if shares of major banks are in a bear market. The weekly chart for the banking index is negative right now.
Zions Bancorporation To Present At The Barclays Americas Select Franchise Conference 2014
PR Newswire - Tue May 06, 1:17PM CDT
Harris H. Simmons, Chairman and Chief Executive Officer of Zions Bancorporation (NASDAQ: ZION), will make a presentation at the Barclays Americas Select Franchise Conference 2014 on Tuesday, May 13, 2014 at 9:15 a.m. BST. A live webcast of the presentation may be accessed on the Zions Bancorporation website, www.zionsbancorporation.com. The webcast will also be archived and available on the website for 30 days.
86 Percent of Small Business Owners Indicate Growing Optimism According to Latest California Bank & Trust Survey
Business Wire - Tue May 06, 11:00AM CDT
According to the third-annual California Bank & Trust Small Business survey, an overwhelming majority of respondents (86%) felt that their business was moving in the right direction with 87% expecting growth over the next year and 65% expecting growth of 5% or more over the next 12 months. Additionally, 63% of respondents expected growth to increase year-over-year. Interestingly, the Los Angeles region is slightly more bullish than the Bay Area and San Diego, with 43% of small business owners expecting a growth rate of more than 10% over the next 12 months compared to 38% in the Bay Area and 26% in the San Diego region.
Zions Bancorporation Subsidiary Amegy Bank N.A. Is Named Ex-Im Bank Small Business Lender Of The Year
PR Newswire - Wed Apr 30, 11:59AM CDT
Zions Bancorporation subsidiary Amegy Bank, N.A. was recently named Small Business Lender of the Year by the Export-Import Bank of the United States (Ex-Im Bank). Amegy Bank has been a long-time lending partner of the Ex-Im Bank's Working Capital Program by promoting Ex-Im guaranteed loan facilities to qualified small businesses.
Zions Bancorporation's board approves common and preferred stock dividends
M2 - Tue Apr 29, 5:24AM CDT
The board of directors of a financial services company Zions Bancorporation (NASDAQ:ZION) approved a regular quarterly common stock dividend of USD0.04 per share, the company reported on Monday.
Zions Bancorporation Board Declares Dividends For Common And Preferred Shares
PR Newswire - Mon Apr 28, 4:11PM CDT
Zions Bancorporation (NASDAQ: ZION) announced today that its board of directors declared a regular quarterly dividend of $0.04 per common share. The dividend is payable May 29, 2014 to shareholders of record on May 22, 2014. The board of directors also declared the regular quarterly cash dividends on the company's various perpetual preferred shares. The cash dividend on the Series A, F, G, H and I shares are payable on June 15, 2014 to shareholders of record on June 1, 2014. The cash dividends on the Series J shares are payable on September 15, 2014 to shareholders of record on September 1, 2014.
Higher Revs Drive SVB Financial Earnings Beat - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Apr 25, 12:53PM CDT
Consistent growth in top line enabled SVB Financial Group's (SIVB) to keep its earnings streak alive.
Financial Results, Updated ATMs, and Recognitions - Analyst Notes on Goldman Sachs, U.S. Bancorp, Charles Schwab, E*TRADE Financial and Zions
PR Newswire - Fri Apr 25, 7:00AM CDT
Today, Analysts Review released its analysts' notes regarding The Goldman Sachs Group, Inc. (NYSE: GS), U.S. Bancorp (NYSE: USB), The Charles Schwab Corporation (NYSE: SCHW), E*TRADE Financial Corporation (NASDAQ: ETFC) and Zions Bancorp. (NASDAQ: ZION). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1605-100free.
Why Pentair, Zions Bancorp, and Eli Lilly & Co. Are Today’s 3 Worst Stocks
John Divine, The Motley Fool - Motley Fool - Tue Apr 22, 6:45PM CDT
The S&P 500 Index charged ahead to a sixth-straight day of gains on Tuesday, locking in the longest consecutive bullish streak since November 2013. Are corporate profits at all-time highs? Not exactly. Are Americans getting full-time jobs like...
Fee Income Aids Zions Q1 Earnings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Apr 22, 1:20PM CDT
Improvement in non-interest income and effective cost control aided Zions Bancorporation's first quarter 2014 adjusted earnings of 42 cents.
Downgrade Alert for Zions Bancorporation (ZION)
Comtex SmarTrend(R) - Tue Apr 22, 7:08AM CDT
Zions Bancorporation (NASDAQ:ZION) was downgraded from Overweight to Equal Weight at Evercore today. The stock closed yesterday at $30.25 on volume of 2.3 million shares, below average daily volume of 3.3 million. Zions Bancorporation (NASDAQ:ZION) has potential upside of 5.7% based on a current price of $30.23 and analysts' consensus price target of $31.95. Zions Bancorporation shares should encounter resistance at the 50-day moving average (MA) of $30.69 and support at its 200-day MA of $29.50.
Zions Bancorporation Reports Earnings Of $0.41 Per Diluted Common Share For First Quarter 2014
PR Newswire - Mon Apr 21, 3:10PM CDT
Zions Bancorporation (NASDAQ: ZION) ("Zions" or "the Company"
Access Development and Zions Bank Launch AmaZing Deals™, Expand to New Markets
PRWeb - Wed Apr 16, 10:46AM CDT
Loyalty marketing leader Access Development and Zions Bank have announced the popular Zions Cash Rewards program has been renamed Zions AmaZing Deals™. The rebranding will allow the program to be integrated into other Zions Bancorporation affiliate banks, beginning with five new banks in 2014.
Crunching the Numbers on Bank Earnings Season: JP Morgan, Wells Fargo, Citi
at The Street - Thu Apr 10, 7:23AM CDT
All regional and money center banks report their quarterly results in April. 'Too big to fail' JP Morgan and Wells Fargo begin this earnings wave before the opening bell on Friday.
Senior Level Appointments, Upcoming Earnings Schedules, and Stock Price Movements - Analyst Notes on Northern Trust, Zions, The Hartford, Blackstone Mortgage Trust, and Annaly Capital Management
PR Newswire - Mon Apr 07, 7:00AM CDT
Today, Analysts Review released its analysts' notes regarding Northern Trust Corporation (NASDAQ: NTRS), Zions Bancorp. (NASDAQ: ZION), Hartford Financial Services Group Inc. (NYSE: HIG), Blackstone Mortgage Trust, Inc. (NYSE: BXMT), and Annaly Capital Management, Inc. (NYSE: NLY). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
California Bank & Trust Expands Customer Experience with Launch of New Website and Real-Time Mobile Fraud Text Alerts
Business Wire - Thu Apr 03, 11:00AM CDT
Driven by the belief that banking can be more engaging, convenient and efficient, California Bank & Trust (CB&T) launched a new website that enhances the CB&T customer experience and now offers mobile fraud text alerts for real-time transaction verification.
Mega-Chart! Regional Bank Earnings Season
at The Street - Thu Apr 03, 10:42AM CDT
JPMorgan Chase, Wells Fargo and Commerce Bancshares begin earnings season for the 24 regional banks in the KBW Banking Index next week.
Zions Bancorporation (ZION) Crosses Pivot Point Resistance at $31.40
Comtex SmarTrend(R) - Wed Apr 02, 9:34AM CDT
Shares of Zions Bancorporation (NASDAQ:ZION) opened today above their pivot of $31.15 and have already reached the first level of resistance at $31.40. Investors may be interested in a cross of the next upside pivot targets of $31.57 and $31.99.
Zions Bancorporation To Report First Quarter 2014 Earnings Results
PR Newswire - Mon Mar 31, 3:15PM CDT
Zions Bancorporation (Nasdaq: ZION) announced today that it will report its first quarter 2014 earnings results after the NASDAQ close on Monday, April 21, 2014. A conference call discussing the quarterly results will be held at 5:30 p.m. ET on the same day. Forward looking and other material information may be discussed on this conference call.