Equity Research on First Horizon National Corp. and Regions Financial Corp. - Southeast Regional Banks Neutral
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 07/09/12 -- 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 - Southeast Banks industry and are offering free analytical research on (NYSE: FHN) and (NYSE: RF). Register with us now to have free access to these research reports. Simply click on the link below.
Southeast regional banks have come a long way in the last two years but there is still little to suggest that significant gains are forthcoming. A variety of growth obstacles will likely make widening margins difficult. Get your free reports on and at . There is no commitment to join.
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Mortgage repurchases and litigation concerns will probably send several banks into the red this year. First Horizon National Corp. plans to up its mortgage repurchase reserve by $250 million to meet demands from Fannie Mae and Freddie Mac. In doing so, the company could face a second quarter loss, further compounding relatively flat profit growth. report is accessible for free by registering today at
Fewer provisions for loan losses and better credit quality are still working in the favor of many regional banks though. Regions Financial Corp. posted a profit in the first quarter and could possibly do so again when the company posts second quarter results on July 24th. report is accessible for free by registering today at
The overall outlook for Southeast Regional Banks is neutral because it is not yet clear which factors will have the greatest influence on bottom-lines.
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Datum: 09.07.2012 - 12:00 Uhr
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