Equity Research on Bank of America Corporation and Synovus Financial Corp. - Mid-Atlantic Banks Improving
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 06/25/12 -- 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: BAC) and (NYSE: SNV). Register with us now to have free access to these research reports. Simply click on the link below.
Mid-Atlantic regional banks have fared better than many of their larger counterparts thanks to minimal exposure to debt crises throughout the Eurozone. A weak housing market is still a concern but many banks have taken strategic steps to mitigate this effect. Get your free reports on and at . There is no commitment to join.
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Several regional banks with stronger international operations appear to be in the process of pulling away and focusing more on domestic business. This is evident in Bank of America Corp.'s recent moves as it looks like the company will divest its international wealth unit. The move is in-line with BofA's strategy to focus more on its core business and to increase liquidity and cut down expenses. report is accessible for free by registering today at
While the housing market still has yet to show significant signs of recovery, banks are improving in other ways. Better credit quality, fewer provisions for loan losses and better investments are helping banks like Synovus Financial Corp. become profitable again. report is accessible for free by registering today at
Overall, moderate growth in both the short- and long-term appears well within reach for mid-Atlantic regional banks. Significant gains will likely be contingent upon the housing market turning around.
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Datum: 25.06.2012 - 12:00 Uhr
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