NEW YORK, February 8, 2017 /PRNewswire/ --
Four Money Center Banks stocks have been lined up by Stock-Callers.com today, and they are: ICICI Bank Ltd (NYSE: IBN),
SunTrust Banks Inc. (NYSE: STI), The PNC Financial Services Group Inc. (NYSE: PNC), and Comerica Inc. (NYSE: CMA). These are
companies that belong to the Financials sector, which continued to erode during afternoon trading on Tuesday, February 07th, 2017, giving back small gains from much earlier in the day. As per a NASDAQ
report, the NYSE Financials Sector Index was dropping about 0.2% at last look, while Financials companies in the S&P 500
Index also were down by about 0.2%. You can access our complimentary research reports on these stocks now at:
http://stock-callers.com/registration
ICICI Bank
Shares in Mumbai, India-based ICICI Bank Ltd saw a slight drop of 0.93%, ending Tuesday's
trading session at $8.56. The stock recorded a trading volume of 5.12 million shares. The Company's
shares have gained 13.53% in the last one month, 5.81% over the previous three months, and 14.29% on an YTD basis. The stock is
trading 10.51% and 13.04% above its 50-day and 200-day moving averages, respectively. Moreover, shares of ICICI Bank, which
together with its subsidiaries, provides banking and financial services in India and
internationally, have a Relative Strength Index (RSI) of 66.41. Visit us today and download your complete report on IBN for free
at:
http://stock-callers.com/registration/?symbol=IBN
SunTrust Banks
Atlanta, Georgia headquartered SunTrust Banks Inc.'s stock declined 0.55%, closing the day at
$57.40 with a total trading volume of 2.26 million shares. The Company's shares have advanced 3.37%
in the last month, 28.56% in the previous three months, and 4.65% since the start of this year. The stock is trading 4.10% above
its 50-day moving average and 24.39% above its 200-day moving average. Additionally, shares of SunTrust Banks, which operates as
the holding company for SunTrust Bank that provides various financial services for consumers, businesses, corporations, and
institutions in the US, have an RSI of 57.18.
On January 20th, 2017, SunTrust Banks reported net income available to common
shareholders of $448 million, or $0.90 per average common diluted
share, for Q4 2016 compared to $0.91 for Q4 2015. For full year 2016, earnings per share increased
1% to $3.60 from $3.58 in full year 2015. The Bank's total revenue
was $2.2 billion for Q4 2016, a decrease of $39 million compared to
Q3 2016.
On January 23rd, 2017, research firm Sandler O'Neill upgraded the Company's stock
rating from 'Hold' to 'Buy'. The complimentary research report on STI can be accessed at:
http://stock-callers.com/registration/?symbol=STI
PNC Financial Services
On Tuesday, shares in Pittsburgh, Pennsylvania headquartered The PNC Financial Services Group
Inc. recorded a trading volume of 2.68 million shares. The stock ended the day 0.77% lower at $121.47. The Company's shares have advanced 2.50% in the past month, 28.92% in the previous three months, and
4.33% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.51% and 28.11%, respectively.
Furthermore, shares of PNC Financial Services Group, which operates as a diversified financial services company in the US and
internationally, have an RSI of 58.96.
On January 17th, 2017, research firm Macquarie upgraded the Company's stock rating
from 'Neutral' to 'Outperform'.
On February 03rd, 2017, PNC Financial Services announced that it has submitted a
redemption notice to the property trustee for redemption on March 15th, 2017, of all of
the Fixed-to-Floating rate non-cumulative exchangeable perpetual trust securities of PNC Preferred Funding Trust I and of all of
the Fixed-to-Floating rate non-cumulative exchangeable perpetual trust securities of PNC preferred funding trust II (REIT
Preferred Securities), at a redemption price equal to $100,000 per REIT Preferred Security, with an
aggregate liquidation amount of $1,000,000,000 in REIT Preferred Securities outstanding. The
previously declared regular first quarter distribution on the REIT Preferred Securities is payable on March 15th, 2017, to holders of record on March 01st, 2017.
Register for free on Stock-Callers.com and download the PDF research report on PNC at:
http://stock-callers.com/registration/?symbol=PNC
Comerica
Dallas, Texas headquartered Comerica Inc.'s stock rose 0.04%, finishing yesterday's session
at $68.25 with a total trading volume of 1.35 million shares. The Company's shares have advanced
35.52% in the previous three months and 0.21% since the start of this year. The stock is trading above its 50-day and 200-day
moving averages by 0.90% and 32.23%, respectively. Additionally, shares of Comerica, which through its subsidiaries, provides
various financial products and services, have an RSI of 50.11.
On January 10th, 2017, research firm Citigroup downgraded the Company's stock rating
from 'Neutral' to 'Sell'.
On January 24th, 2017, Comerica's Board of Directors declared a quarterly cash
dividend for common stock of $0.23 per share. The dividend is payable April
01st, 2017, to common stock shareholders of record March 15th, 2017.
Get free access to your research report on CMA at:
http://stock-callers.com/registration/?symbol=CMA
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