See two of the featured stocks from this month's model portfolios.
Several regional banks, including KeyCorp (KEY), Comerica (CMA), Fifth Third (FITB), Zions (ZION) and Citizens Financial (CFG), lower Q2 top-line expectations on higher rates, rising deposit costs and
Higher funding costs are putting pressure on net interest income and margins. Several management teams seem to have underestimated just how tough conditions might become.
Value investing involves estimating a company's long-term earnings power, calculating its present value, and comparing its current stock price to its estimated value. Zions' current stock price of $28
The Fed pauses rate hikes but signals more for later this year. Banks, including PacWest (PACW), Comerica (CMA), Zions (ZION), Fifth Third (FITB) and KeyCorp (KEY), get a much-needed breather.
Janney Montgomery Scott analyst Tim Coffey on Thursday downgraded Zions Bancorp ZION to neutral from buy on the heels of the bank's mid-quarter update earlier this week. Coffey said the bank now expec
Markets ended mixed on forecast the Fed may pause rate increases, and declines in healthcare stocks.
U.S. equities were mixed midday on June 14, 2023 following moves by stocks in the healthcare sector, and ahead of the Fed's decision on interest rates.
U.S. equities gained at midday on Tuesday, June 13, 2023 as lower inflation raised optimism the Fed could pause its rate hike cycle.
Zions Bancorp ZION, -1.16% stock is down 3.5% as other bank stocks moved into positive territory on Tuesday, after the regional bank cut its net interest income outlook to decreasing from moderately d
Markets posted a winning day on Friday, June 9, 2023, to top off a winning week on optimism the Fed may pause its interest rate hike cycle next week.
Regional bank executives buying shares in their own companies hit a three-year high in the United States during the second quarter of 2023 as they rushed to restore investor confidence in their firms
Bank stocks fell Wednesday after the FDIC chairman said in a quarterly report that "downside risks" remain for the banking industry.
Heading into Wednesday's trading session, regional banks continue to look incredibly vulnerable from the short side and any weakness should be aggressively pounced upon by traders. Since putting in mu
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