Latest news with #FultonFinancial
Yahoo
17-07-2025
- Business
- Yahoo
Comerica (CMA) To Report Earnings Tomorrow: Here Is What To Expect
Financial services company Comerica (NYSE:CMA) will be reporting results this Friday morning. Here's what you need to know. Comerica missed analysts' revenue expectations by 1.8% last quarter, reporting revenues of $815.2 million, up 4% year on year. It was a satisfactory quarter for the company, with a solid beat of analysts' tangible book value per share estimates. Is Comerica a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Comerica's revenue to grow 2.3% year on year to $843.1 million, a reversal from the 10.7% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.22 per share. Heading into earnings, analysts covering the company have grown increasingly bearish with revenue estimates seeing 7 downward revisions over the last 30 days (we track 14 analysts). Comerica has missed Wall Street's revenue estimates four times over the last two years. Looking at Comerica's peers in the regional banks segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Fulton Financial's revenues decreased 3.2% year on year, beating analysts' expectations by 1.9%, and Synovus Financial reported revenues up 93.9%, topping estimates by 1.5%. Fulton Financial's stock price was unchanged following the results. Read our full analysis of Fulton Financial's results here and Synovus Financial's results here. There has been positive sentiment among investors in the regional banks segment, with share prices up 10.4% on average over the last month. Comerica is up 12.7% during the same time and is heading into earnings with an average analyst price target of $61.47 (compared to the current share price of $62). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we've found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Yahoo
17-07-2025
- Business
- Yahoo
Comerica (CMA) To Report Earnings Tomorrow: Here Is What To Expect
Financial services company Comerica (NYSE:CMA) will be reporting results this Friday morning. Here's what you need to know. Comerica missed analysts' revenue expectations by 1.8% last quarter, reporting revenues of $815.2 million, up 4% year on year. It was a satisfactory quarter for the company, with a solid beat of analysts' tangible book value per share estimates. Is Comerica a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Comerica's revenue to grow 2.3% year on year to $843.1 million, a reversal from the 10.7% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.22 per share. Heading into earnings, analysts covering the company have grown increasingly bearish with revenue estimates seeing 7 downward revisions over the last 30 days (we track 14 analysts). Comerica has missed Wall Street's revenue estimates four times over the last two years. Looking at Comerica's peers in the regional banks segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Fulton Financial's revenues decreased 3.2% year on year, beating analysts' expectations by 1.9%, and Synovus Financial reported revenues up 93.9%, topping estimates by 1.5%. Fulton Financial's stock price was unchanged following the results. Read our full analysis of Fulton Financial's results here and Synovus Financial's results here. There has been positive sentiment among investors in the regional banks segment, with share prices up 10.4% on average over the last month. Comerica is up 12.7% during the same time and is heading into earnings with an average analyst price target of $61.47 (compared to the current share price of $62). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we've found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Yahoo
17-07-2025
- Business
- Yahoo
Regions Financial (RF) Reports Q2: Everything You Need To Know Ahead Of Earnings
Regional banking company Regions Financial (NYSE:RF) will be announcing earnings results this Friday morning. Here's what to expect. Regions Financial missed analysts' revenue expectations by 2.2% last quarter, reporting revenues of $1.78 billion, up 2.1% year on year. It was a slower quarter for the company, with a slight miss of analysts' net interest income estimates. Is Regions Financial a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Regions Financial's revenue to grow 7% year on year to $1.85 billion, a reversal from the 11.5% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.56 per share. Heading into earnings, analysts covering the company have grown increasingly bearish with revenue estimates seeing 7 downward revisions over the last 30 days (we track 10 analysts). Regions Financial has missed Wall Street's revenue estimates five times over the last two years. Looking at Regions Financial's peers in the regional banks segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Fulton Financial's revenues decreased 3.2% year on year, beating analysts' expectations by 1.9%, and Synovus Financial reported revenues up 93.9%, topping estimates by 1.5%. Fulton Financial's stock price was unchanged following the results. Read our full analysis of Fulton Financial's results here and Synovus Financial's results here. There has been positive sentiment among investors in the regional banks segment, with share prices up 10.4% on average over the last month. Regions Financial is up 11.5% during the same time and is heading into earnings with an average analyst price target of $25.48 (compared to the current share price of $24.01). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Yahoo
16-07-2025
- Business
- Yahoo
Webster Financial Earnings: What To Look For From WBS
Regional banking company Webster Financial (NYSE:WBS) will be reporting results this Thursday before the bell. Here's what to look for. Webster Financial met analysts' revenue expectations last quarter, reporting revenues of $704.8 million, up 5.7% year on year. It was a slower quarter for the company, with a significant miss of analysts' EPS estimates and tangible book value per share in line with analysts' estimates. Is Webster Financial a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Webster Financial's revenue to grow 16.2% year on year to $714 million, a reversal from the 8.7% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.43 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Looking at Webster Financial's peers in the banks segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Fulton Financial's revenues decreased 3.2% year on year, beating analysts' expectations by 1.9%, and FB Financial reported a revenue decline of 40.1%, falling short of estimates by 43.5%. FB Financial traded down 4.4% following the results. Read our full analysis of Fulton Financial's results here and FB Financial's results here. There has been positive sentiment among investors in the banks segment, with share prices up 8.3% on average over the last month. Webster Financial is up 12.5% during the same time and is heading into earnings with an average analyst price target of $66.13 (compared to the current share price of $57.91). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Sign in to access your portfolio
Yahoo
16-07-2025
- Business
- Yahoo
Independent Bank (INDB) Reports Q2: Everything You Need To Know Ahead Of Earnings
Regional banking company Independent Bank (NASDAQ:INDB) will be reporting results this Thursday after market hours. Here's what investors should know. Independent Bank beat analysts' revenue expectations by 0.8% last quarter, reporting revenues of $178 million, up 6.5% year on year. It was a slower quarter for the company, with a significant miss of analysts' EPS estimates. Is Independent Bank a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Independent Bank's revenue to grow 4.3% year on year to $177.6 million, a reversal from the 7.1% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.21 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Independent Bank has missed Wall Street's revenue estimates twice over the last two years. Looking at Independent Bank's peers in the banks segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Fulton Financial's revenues decreased 3.2% year on year, beating analysts' expectations by 1.9%, and FB Financial reported a revenue decline of 40.1%, falling short of estimates by 43.5%. FB Financial traded down 4.4% following the results. Read our full analysis of Fulton Financial's results here and FB Financial's results here. There has been positive sentiment among investors in the banks segment, with share prices up 8.3% on average over the last month. Independent Bank is up 1.8% during the same time and is heading into earnings with an average analyst price target of $74.75 (compared to the current share price of $63.84). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we've found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Sign in to access your portfolio
