Equity Research on BB&T Corporation and Bank of America Corporation - Improving Credit Quality Aiding Mid-Atlantic Banks
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 04/25/12 -- has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Regional - Mid-Atlantic Banks industry and are offering free analytical research on (NYSE: BBT) and (NYSE: BAC). Register with us today at to have free access to these research reports.
As the economy continues to recover, improving credit quality has been a positive for Mid-Atlantic banks such as BB&T Corporation and Bank of America Corporation. Net charge-offs have been going down for several companies, and provision for credit losses have also been declining. Get your free reports on and at . There is no commitment to join.
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A number of key players in the Mid-Atlantic banking industry have recently released their quarterly earnings, and the results have been mixed. Bank of America benefitted from the improving economy and posted encouraging results in a number of categories. However, the bank did see its 1st quarter earnings decline in year-over-year comparisons. report is accessible for free by registering today at .
On the other hand, BB&T also took advantage of the improving economy, posting a massive 92% increase in 1st quarter net income available to common shareholders, when compared to the same period last year. The increase was in part due to loan growth as well as solid non-interest income. The company also managed to reduce its expenses. report is accessible for free by registering today at .
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Datum: 25.04.2012 - 12:15 Uhr
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