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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 positive rating actions on MTB, STI, and USB, reflecting idiosyncratic improvements at these institutions. Multiple Drivers to Support Earnings: With deposit franchises and loan portfolios that span numerous states, the large regional 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. Generally Good Earnings Profiles: Fitch expects that earnings for the large regionals will likely remain around current levels over the near term, absent meaningful increases in interest rates. In the meantime,... |
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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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