NEW YORK, November 18, 2016 /PRNewswire/ --
Stock-Callers.com today revisits the Regional Southeast Banks industry which has shown signs of revival since the 2008
financial crisis due to a rise in demand for loans. Additionally, Zacks expects financials of the regional banks to get a
boost from the improving asset quality and decrease in delinquent loans. Equities to assess this morning are: Regions Financial
Corp. (NYSE: RF), BB&T Corp. (NYSE: BBT), EverBank Financial Corp. (NYSE: EVER), and First Horizon National Corp. (NYSE:
FHN). Learn more about these stocks by downloading their free research reports in PDF format at:
http://stock-callers.com/registration
Regions Financial
Birmingham, Alabama headquartered Regions Financial Corp.'s stock finished Thursday's session
2.17% higher at $13.17 with a total volume of 59.51 million shares traded. Over the last one month
and the previous three months, Regions Financial's shares have gained 24.95% and 36.81%, respectively. Further, the stock has
surged 34.09% in the past one year. Shares of the Company are trading at a PE ratio of 15.48. The Company's shares are trading
above its 50-day and 200-day moving averages by 25.84% and 43.94%, respectively. Regions Financial's stock has a Relative
Strength Index (RSI) of 74.53.
On November 08th, 2016, Regions Financial announced that Samuel A. Di
Piazza Jr. and James T. Prokopanko have been appointed to the company's Board of Directors,
effective immediately. Mr. Di Piazza is the former Global CEO of PricewaterhouseCoopers (PwC).
Following his retirement from PwC after a 36-year career, he served as Vice Chairman of the Citigroup Global Corporate and
Investment Bank. Mr. Prokopanko is the former President and CEO of The Mosaic Company. A 35-year veteran of the agriculture
industry, Mr. Prokopanko also held leadership roles with Cargill, Inc., including work in international operations.
On November 16th, 2016, research firm Piper Jaffray downgraded the Company's stock
rating from 'Overweight' to 'Neutral'. Sign up and read the free research report on RF at:
http://stock-callers.com/registration/?symbol=RF
BB&T
On Thursday, shares in Winston-Salem, North Carolina headquartered BB&T Corp. recorded a
trading volume of 9.42 million shares, which was higher than their three months average volume of 5.25 million shares. The stock
ended the day 2.78% higher at $44.01. Shares of the Company are trading at a PE ratio of 16.38.
BB&T's stock has gained 14.39% in the last one month, 17.32% in the previous three months, and 18.53% in the past one year.
The Company is trading above its 50-day and 200-day moving averages by 14.15% and 23.93%, respectively. Furthermore, shares of
BB&T have an RSI of 80.95.
On November 14th, 2016, research firm Morgan Stanley downgraded the Company's stock
rating from 'Equal-Weight' to 'Underweight'.
On November 17th, 2016, BB&T announced that its BB&T Retirement and
Institutional Services received top rankings and 36 Best-in-Class awards in the national 2016 Defined Contribution Survey
conducted by PLANSPONSOR magazine. The annual survey is considered one of the retirement industry's leading indicators of plan
sponsor satisfaction.
The complimentary research report on BBT can be downloaded at:
http://stock-callers.com/registration/?symbol=BBT
EverBank Financial
Jacksonville, Florida headquartered EverBank Financial Corp.'s stock closed the day flat at
$19.31. The stock recorded a trading volume of 2.50 million shares, which was above its three
months average volume of 1.06 million shares. EverBank Financial's shares have advanced 0.10% in the last one month and 0.94% in
the previous three months. Furthermore, the stock has gained 17.23% in the past one year. Shares of the Company are trading 0.30%
and 18.26% above its 50-day and 200-day moving averages, respectively. Additionally, the stock traded at a PE ratio of 20.14 and
has an RSI of 53.28.
On November 09th, 2016, EverBank Financial announced that its stockholders voted to
approve its acquisition by Teachers Insurance and Annuity Association of America (TIAA) at a special stockholders' meeting held
in Jacksonville, Florida on the same day. TIAA announced an agreement to acquire EverBank for
$19.50 per share of common stock in cash pursuant to an agreement and plan of merger dated
August 7th, 2016. Acquisition closing is still subject to customary regulatory approval
and is expected to occur in the first half of 2017. Register for free on Stock-Callers.com and access the latest report on EVER
at:
http://stock-callers.com/registration/?symbol=EVER
First Horizon National
On Thursday, shares in Memphis, Tennessee headquartered First Horizon National Corp. ended
the session 2.17% higher at $18.36 with a total volume of 2.68 million shares traded. First Horizon
National's shares have gained 21.19% in the last one month, 22.16% in the previous three months, and 25.44% in the past one year.
The stock is trading 18.26% above its 50-day moving average and 29.71% above its 200-day moving average. Moreover, shares of the
Company are trading at a PE ratio of 20.18 and have an RSI of 79.42. Get free access to your research report on FHN at:
http://stock-callers.com/registration/?symbol=FHN
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