Latest news with #TexasCapitalBank
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7 days ago
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Glacier Bancorp (GBCI) To Report Earnings Tomorrow: Here Is What To Expect
Regional banking company Glacier Bancorp (NYSE:GBCI) will be reporting earnings this Thursday after market hours. Here's what you need to know. Glacier Bancorp missed analysts' revenue expectations by 1.1% last quarter, reporting revenues of $222.6 million, up 11.1% year on year. It was a slower quarter for the company, with a significant miss of analysts' net interest income estimates and EPS in line with analysts' estimates. Is Glacier Bancorp a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Glacier Bancorp's revenue to grow 20.7% year on year to $239.8 million, a reversal from the 1.2% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.49 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. Glacier Bancorp has missed Wall Street's revenue estimates four times over the last two years. Looking at Glacier Bancorp's peers in the regional banks segment, some have already reported their Q2 results, giving us a hint as to what we can expect. City Holding delivered year-on-year revenue growth of 6.3%, beating analysts' expectations by 3%, and Texas Capital Bank reported revenues up 15.2%, topping estimates by 2.7%. Texas Capital Bank traded up 4.8% following the results. Read our full analysis of City Holding's results here and Texas Capital Bank's results here. There has been positive sentiment among investors in the regional banks segment, with share prices up 8.2% on average over the last month. Glacier Bancorp is up 9.9% during the same time and is heading into earnings with an average analyst price target of $49.50 (compared to the current share price of $45.68). 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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7 days ago
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The Bancorp (TBBK) To Report Earnings Tomorrow: Here Is What To Expect
Financial services company The Bancorp (NASDAQ:TBBK) will be announcing earnings results this Thursday after market close. Here's what you need to know. The Bancorp beat analysts' revenue expectations by 21.8% last quarter, reporting revenues of $175.4 million, up 41.7% year on year. It was a slower quarter for the company, with a significant miss of analysts' net interest income estimates and a miss of analysts' EPS estimates. Is The Bancorp a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting The Bancorp's revenue to grow 55.3% year on year to $193.3 million, improving from the 6.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.28 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. The Bancorp has missed Wall Street's revenue estimates four times over the last two years. Looking at The Bancorp's peers in the regional banks segment, some have already reported their Q2 results, giving us a hint as to what we can expect. City Holding delivered year-on-year revenue growth of 6.3%, beating analysts' expectations by 3%, and Texas Capital Bank reported revenues up 15.2%, topping estimates by 2.7%. Texas Capital Bank traded up 4.8% following the results. Read our full analysis of City Holding's results here and Texas Capital Bank's results here. There has been positive sentiment among investors in the regional banks segment, with share prices up 8.2% on average over the last month. The Bancorp is up 28.3% during the same time and is heading into earnings with an average analyst price target of $61 (compared to the current share price of $68.71). 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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7 days ago
- Business
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Customers Bancorp (CUBI) Q2 Earnings: What To Expect
Regional banking company Customers Bancorp (NYSE:CUBI) will be reporting earnings this Thursday after the bell. Here's what investors should know. Customers Bancorp missed analysts' revenue expectations by 26% last quarter, reporting revenues of $143 million, down 21.3% year on year. It was a mixed quarter for the company, with an impressive beat of analysts' EPS estimates but a slight miss of analysts' tangible book value per share estimates. Is Customers Bancorp a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Customers Bancorp's revenue to be flat year on year at $199 million, slowing from the 9.6% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.52 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Customers Bancorp has missed Wall Street's revenue estimates four times over the last two years. Looking at Customers Bancorp's peers in the regional banks segment, some have already reported their Q2 results, giving us a hint as to what we can expect. City Holding delivered year-on-year revenue growth of 6.3%, beating analysts' expectations by 3%, and Texas Capital Bank reported revenues up 15.2%, topping estimates by 2.7%. Texas Capital Bank traded up 4.8% following the results. Read our full analysis of City Holding's results here and Texas Capital Bank's results here. There has been positive sentiment among investors in the regional banks segment, with share prices up 8.2% on average over the last month. Customers Bancorp is up 17.8% during the same time and is heading into earnings with an average analyst price target of $70.14 (compared to the current share price of $63.50). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. 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
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7 days ago
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Columbia Banking System (COLB) Q2 Earnings Report Preview: What To Look For
Regional banking company Columbia Banking System (NASDAQ:COLB) will be reporting earnings this Thursday afternoon. Here's what you need to know. Columbia Banking System beat analysts' revenue expectations by 1.8% last quarter, reporting revenues of $491.4 million, up 3.7% year on year. It was a satisfactory quarter for the company, with a narrow beat of analysts' tangible book value per share estimates but EPS in line with analysts' estimates. Is Columbia Banking System a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Columbia Banking System's revenue to grow 4.3% year on year to $492.3 million, a reversal from the 9.8% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.66 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. Columbia Banking System has missed Wall Street's revenue estimates five times over the last two years. Looking at Columbia Banking System's peers in the regional banks segment, some have already reported their Q2 results, giving us a hint as to what we can expect. City Holding delivered year-on-year revenue growth of 6.3%, beating analysts' expectations by 3%, and Texas Capital Bank reported revenues up 15.2%, topping estimates by 2.7%. Texas Capital Bank traded up 4.8% following the results. Read our full analysis of City Holding's results here and Texas Capital Bank's results here. There has been positive sentiment among investors in the regional banks segment, with share prices up 8.2% on average over the last month. Columbia Banking System is up 6.2% during the same time and is heading into earnings with an average analyst price target of $26.75 (compared to the current share price of $24.33). 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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7 days ago
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What To Expect From WSFS Financial's (WSFS) Q2 Earnings
Regional banking company WSFS Financial (NASDAQ:WSFS) will be announcing earnings results this Thursday afternoon. Here's what to expect. WSFS Financial missed analysts' revenue expectations by 0.6% last quarter, reporting revenues of $256.1 million, up 2% year on year. It was a satisfactory quarter for the company, with an impressive beat of analysts' tangible book value per share estimates. Is WSFS Financial a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting WSFS Financial's revenue to be flat year on year at $264.4 million, slowing from the 7% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.13 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. WSFS Financial has missed Wall Street's revenue estimates twice over the last two years. Looking at WSFS 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. City Holding delivered year-on-year revenue growth of 6.3%, beating analysts' expectations by 3%, and Texas Capital Bank reported revenues up 15.2%, topping estimates by 2.7%. Texas Capital Bank traded up 4.8% following the results. Read our full analysis of City Holding's results here and Texas Capital Bank's results here. There has been positive sentiment among investors in the regional banks segment, with share prices up 8.2% on average over the last month. WSFS Financial is up 8.7% during the same time and is heading into earnings with an average analyst price target of $63.25 (compared to the current share price of $57.99). 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. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
