Equity Research on KeyCorp and Wells Fargo & Company -- Europe and Jobs to Weigh on Banks
(firmenpresse) - JOHANNESBURG, SOUTH AFRICA -- (Marketwire) -- 05/31/12 -- offers investors comprehensive research on the Money Center Banks industry and has completed analytical research on (NYSE: KEY) and (NYSE: WFC). Register with us today at to have free access to these researches.
U.S.-based money center banks have performed admirably in the first five months of the year but pending jobs data and European debt crises still may hit share prices in the coming weeks. Register now at to have free access to our reports on the Money Center Banks industry.
is an online platform where investors doing their due diligence on the Money Center Banks industry can have easy and free access to our analyst research and opinions on KeyCorp and Wells Fargo & Company; investors and shareholders of these companies can simply register for a complimentary membership at .
According to the Federal Deposit Insurance Corp., U.S. banking profits reached their highest levels since 2007. Lenders were also able to set aside much less for bad loans and charge-offs also dropped considerably. Earnings improved 23% as a result of these drops. Both Wells Fargo and Co. and KeyCorp are among banks seeing positive results as the industry's fundamentals improve. Still, these improvements may not be enough to stave off the effects of weakening investor confidence stemming from macroeconomic uncertainty. and research reports are accessible for free by registering today at or .
Overall, improved banking fundamentals are a welcome sign but factors outside of banks' control may still cause shares to level off or fall in the near-term. Patient investors may be rewarded in the long-term though if debt crises subside and unemployment improves. Visit to see how companies in this industry have grown over the past years and how they are expected to perform in the future.
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Datum: 31.05.2012 - 12:20 Uhr
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News-ID 151729
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Commercial & Investment Banking
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