Itau Unibanco (ITUB): Dismal Q2 Earnings on High Expenses
Zacks Equity Research - Zacks Investment Research - 1 hr 6 mins ago
Brazil's Itau Unibanco Holding S.A. (ITUB) posted second-quarter 2016 recurring earnings of R$5.58 billion ($1.59 billion), down 9% year over year. Including non-recurring items, net income came in at R$5.52 billion ($1.57 billion), down 7.7% year over year.
DB: 12.69 (+0.11), RBS: 5.11 (+0.16), UBS: 13.10 (+0.13), ITUB: 10.81 (+0.45)
Mitsubishi UFJ's (MTU) Q1 Earnings Fall on Low Gross profits
Zacks Equity Research - Zacks Investment Research - Tue Aug 02, 2:27PM CDT
Mitsubishi UFJ Financial Group Inc. (MTU) reported profits attributable to owners of parent of ??188.9 billion ($1.75 billion) for the first quarter (ended Jun 30) of fiscal year ended Mar 31, 2017, down 32% year over year. http://www.mufg.jp/english/ir/fs/backnumber/2...1606_e.pdf http://www.mufg.jp/english/ir/fs/backnumber/2...1606_e.pdf http://www.mufg.jp/english/ir/fs/backnumber/2...1606_e.pdf http://www.mufg.jp/english/ir/fs/backnumber/2...1606_e.pdf Mitsubishi UFJ Financial Group Inc. (MTU) reported profits attributable to owners of parent of ??188.9 billion ($1.75 billion) for the first quarter (ended Jun 30) of fiscal year ended Mar 31, 2017, down 32% year over year.
MTU: 4.85 (-0.09), DB: 12.69 (+0.11), RBS: 5.11 (+0.16), UBS: 13.10 (+0.13)
Will Royal Bank of Scotland (RBS) Tank Post Q2 Earnings?
Zacks Equity Research - Zacks Investment Research - Tue Aug 02, 7:15AM CDT
The Royal Bank of Scotland Group plc (RBS), set to release results on Friday, has lost more than 44% year to date on the NYSE
TD: 42.96 (+0.08), HSBC: 33.65 (+1.49), RBS: 5.11 (+0.16), CM: 74.96 (+0.50)
Deutsche Bank (DB) Misses Q2 Earnings on Low Revenue
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 2:30PM CDT
Deutsche Bank AG (DB) reported net income of EUR20 million ($22.6 million) in the second quarter of 2016, significantly down on a year-over-year basis. Income before income taxes came in at EUR408 million ($460.7 million), down 66.8% year over year.
DB: 12.69 (+0.11), RBS: 5.11 (+0.16), UBS: 13.10 (+0.13), ITUB: 10.81 (+0.45)
What Falling Estimates & Price Mean for The Royal Bank of Scotland (RBS)
Zacks Equity Research - Zacks Investment Research - Fri Jul 15, 8:00AM CDT
The Royal Bank of Scotland (RBS) share price and estimates are falling and it might be prudent to get rid of the security before more losses hit your portfolio
RY: 60.26 (+0.26), RBS: 5.11 (+0.16)
Deutsche Bank (DB) Considers Sale of $1B Shipping Loans
Zacks Equity Research - Zacks Investment Research - Thu Jul 07, 5:25PM CDT
Deutsche Bank AG (DB) is seeking to sell at least $1 billion of shipping loans amid heightened regulatory scrutiny over banks' exposure in the troubled industry
RY: 60.26 (+0.26), DB: 12.69 (+0.11), RBS: 5.11 (+0.16), CM: 74.96 (+0.50)
Foreign Money Center Banks Equities Technical Review - HSBC Holdings, UBS Group, The Royal Bank of Scotland Group, and East West Bancorp
PR Newswire - Thu Jul 07, 7:05AM CDT
On Wednesday, July 06, 2016, the NASDAQ Composite ended the trading session at 4,859.16, up 0.75%; the Dow Jones Industrial Average edged 0.44% higher, to finish at 17,918.62; and the S&P 500 closed at 2,099.73, up 0.54%. The gains were broad based as eight out of nine sectors ended the session in positive. Stock-Callers.com has initiated coverage on the following equities: HSBC Holdings PLC (NYSE: HSBC), UBS Group A.G. (NYSE: UBS), The Royal Bank of Scotland Group PLC (NYSE: RBS), and East West Bancorp Inc. (NASDAQ: EWBC). Learn more about these stocks by accessing their free notes at:
EWBC: 33.53 (+0.32), HSBC: 33.65 (+1.49), RBS: 5.11 (+0.16), UBS: 13.10 (+0.13), WTBA: 18.75 (-0.05)
After Yesterday's Rally of 2.46% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Wed Jun 22, 2:00PM CDT
Royal Bank of Scotland (NYSE:RBS) traded in a range yesterday that spanned from a low of $7.24 to a high of $7.35. Yesterday, the shares gained 2.5%, which took the trading range above the 3-day high of $7.20 on volume of 3.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
RBS: 5.11 (+0.16)
RBS Plans 900 Layoffs as Cost Cutting Initiatives Continue
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 6:45AM CDT
The Royal Bank of Scotland Group plc (RBS) is likely to cut another 900 jobs as it continues with its aggressive cost cutting moves.
BCS: 8.03 (+0.19), HSBC: 33.65 (+1.49), RBS: 5.11 (+0.16), LYG: 2.89 (+0.03)
To Bet Against Brexit, Buy These 3 British Banking Stocks
Maher Syed - Zacks Investment Research - Tue Jun 21, 2:10PM CDT
You could wager on the vote itself, but this is a more prudent way to bet against Brexit.
BCS: 8.03 (+0.19), RBS: 5.11 (+0.16), LYG: 2.89 (+0.03)
Brexit: Britain's Newest Rollercoaster Ride
Afrasiab Mian - Zacks Investment Research - Mon Jun 20, 2:47PM CDT
Monday opened with a more bullish market due to polls from Britain showing an increase in support for remaining in the EU rather than exiting under Brexit.
BCS: 8.03 (+0.19), RBS: 5.11 (+0.16), LYG: 2.89 (+0.03)
Foreign Money Center Banks Stocks Highlight - UBS Group, HSBC Holdings, The Royal Bank of Scotland Group, and East West Bancorp
PR Newswire - Fri Jun 10, 6:40AM CDT
On Thursday, June 09, 2016, the NASDAQ Composite ended the trading session at 4,958.62, down 0.32%; the Dow Jones Industrial Average edged 0.11% lower to finish at 17,985.19; and the S&P 500 closed at 2,115.48, down 0.17%. ActiveWallSt.com has initiated coverage on the following equities: UBS Group A.G. (NYSE: UBS), HSBC Holdings PLC (NYSE: HSBC), The Royal Bank of Scotland Group PLC (NYSE: RBS), and East West Bancorp Inc. (NASDAQ: EWBC). Learn more about these stocks by accessing their free trade alerts at:
EWBC: 33.53 (+0.32), HSBC: 33.65 (+1.49), RBS: 5.11 (+0.16), UBS: 13.10 (+0.13), WTBA: 18.75 (-0.05)
Royal Bank of Scotland Group Non-cumulative Dollar Preference Shares, Series R About To Put More Money In Your Pocket
PreferredStockChannel.com - Thu Jun 09, 12:40PM CDT
On 6/13/16, Royal Bank of Scotland Group plc's Non-cumulative Dollar Preference Shares, Series R will trade ex-dividend, for its quarterly dividend of $0.3828, payable on 6/30/16. As a percentage of RBS.
RBS: 5.11 (+0.16)
Canadian Imperial (CM): Q2 Earnings and Revenues Strong
Zacks Equity Research - Zacks Investment Research - Tue May 31, 7:14AM CDT
Canadian Imperial Bank of Commerce (CM) reported second-quarter fiscal 2016 earnings (ended Apr 30) on May 26. Adjusted earnings per share came in at C$2.40, up from C$2.28 in the prior-year quarter.
RY: 60.26 (+0.26), RBS: 5.11 (+0.16), UBS: 13.10 (+0.13), CM: 74.96 (+0.50)
RBS Eliminates 450 Jobs as Restructuring Continues
Zacks Equity Research - Zacks Investment Research - Tue May 31, 6:28AM CDT
The Royal Bank of Scotland Group plc (RBS) is reportedly eliminating 450 service jobs as it scales back operations to focus on retail and commercial banking business in the U.K.
BMO: 63.04 (-0.07), RBS: 5.11 (+0.16), ITUB: 10.81 (+0.45)
Royal Bank of Canada Q2 Earnings and Revenues Up Y/Y
Zacks Equity Research - Zacks Investment Research - Fri May 27, 6:32AM CDT
Royal Bank of Canada (RY) reported second-quarter fiscal 2016 (ended Apr 30) net income of C$2.6 billion ($1.96 billion), up 3% from the prior-year quarter.
RY: 60.26 (+0.26), DB: 12.69 (+0.11), RBS: 5.11 (+0.16), UBS: 13.10 (+0.13)
Citi (C) Settles Benchmark Manipulation Case for $425M
Zacks Equity Research - Zacks Investment Research - Thu May 26, 7:34AM CDT
Adding to the woes of banking giant Citigroup Inc. (C), Commodity Futures Trading Commission (CFTC) recently leveled a $425 million charge against the bank for manipulating certain key currency-valuation benchmarks.
BCS: 8.03 (+0.19), JPM: 64.64 (+0.99), CS: 11.01 (+0.20), C: 43.89 (+0.90), DB: 12.69 (+0.11), BAC: 14.47 (+0.34), RBS: 5.11 (+0.16)
BofA's $1.27B 'Hustle' Penalty Overturned: A Huge Relief
Zacks Equity Research - Zacks Investment Research - Tue May 24, 6:54AM CDT
In a major win for BofA, penalty related to the 'Hustle' lawsuit has been overturned. What does this mean to the bank and other parties related to the case?
MET: 43.70 (+1.49), BAC: 14.47 (+0.34), RBS: 5.11 (+0.16), UBS: 13.10 (+0.13)
Mitsubishi UFJ (MTU) FY15 Earnings Fall, to Buy Back Shares
Zacks Equity Research - Zacks Investment Research - Tue May 17, 7:35AM CDT
Mitsubishi UFJ Financial Group, Inc.'s (MTU) net income for the fiscal year ended Mar 31, 2016, came in at ??951.4 billion ($8.2 billion), declining 8% year over year
BCS: 8.03 (+0.19), MTU: 4.85 (-0.09), DB: 12.69 (+0.11), RBS: 5.11 (+0.16)
Bank Stock Roundup: Litigations Dominate Headlines; JPMorgan & BofA in Focus
Zacks Equity Research - Zacks Investment Research - Fri May 06, 4:09PM CDT
Banking stocks have been under pressure over the last five trading days as litigations and probes grabbed headlines. Particularly, JPMorgan Chase & Co. (JPM) and Bank of America Corp. (BAC) led the way.
BCS: 8.03 (+0.19), COF: 66.49 (+0.19), JPM: 64.64 (+0.99), CS: 11.01 (+0.20), C: 43.89 (+0.90), DB: 12.69 (+0.11), BAC: 14.47 (+0.34), RBS: 5.11 (+0.16)