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Brief Excerpt: | ...Stable Outlook for Sector: The Stable Outlook for the large regional bank universe is supported by solid liquidity and capital profiles, continuing improvement in asset quality and generally good earnings profiles. The peer group includes 14 banks as shown at left. Fitch Ratings took a positive rating action on RF, while ZION's Rating Outlook was revised to Stable from Positive, mainly due to continued underperformance relative to peer banks. MTB's and STI's Outlooks each remain Positive. Multiple Drivers to Support Earnings: With deposit franchises and loan portfolios that span numerous states, these banks benefit from a good deal of diversity in their balance sheets. Strong market shares in their home markets enable low-cost funding bases. Furthermore, their profiles benefit from revenue diversity, with non-interest income comprising nearly 40% of revenues on average. Robust Capital Profiles: Capital ratios continue to build for the large regional banks reflecting retained earnings growth... |
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Report Type: | |
Company(ies) | Wells Fargo & Company
, SunTrust Banks, Inc.
, Keycorp
, Huntington Bancshares Inc.
, Fifth Third Bancorp
, U.S. Bancorp
, MUFG Americas Holdings Corporation
, Capital One Financial Corporation
, PNC Financial Services Group Inc.
, Zions Bancorp NA
, Comerica Inc.
, TRUIST FINANCIAL CORP
, Regions Financial Corporation
, M & T Bank Corporation |
Ticker(s) | BBT
, CMA
, COF
, FITB
, HBAN
, KEY
, MTB
, PNC
, RF
, STI
, USB
, WFC
, ZION |
Format: | PDF |  |
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