Equity Research on Fulton Financial Corp. and State Street Corp. - Northeast Banks Improving
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 11/04/11 -- has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Regional - Northeast Banks industry and are offering free analytical research on (NASDAQ: FULT) and (NYSE: STT). Register with us today at to have free access to these research reports.
Northeast regional banks have been trending higher in recent weeks, but further concerns in Europe threaten to have a trickle-down effect on the industry. Get your free reports on and at . There is no commitment to join.
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Currently though, banks in the region continue to benefit from favorable loan delinquency rates, better net interest income and improved operating efficiency. Lower delinquency rates have allowed banks to set aside less money for loan losses and improved efficiency has eased pressure on margins.
Both State Street Corp. and Fulton Financial Corp. were helped by improving credit trends and better operating efficiency. Fulton recently reported provisions for loan losses of $31 million in its most recent quarter, down from $40 million in the same quarter last year. report is accessible for free by registering today at .
Conversely, State Street's managed to lower expenses during the third quarter, and revenues climbed 5% over the prior year quarter. Revenues did decline 2.5% from the second quarter though. report is accessible for free by registering today at .
Moving forward, banks in the northeast have taken positive steps towards widening margins, improving efficiency and providing investors with greater stability. These banks are certainly susceptible to market unrest and a fledgling macro-economy, but for now they appear to be moving in the right direction.
The two stocks research reports are available for free by signing up now on .
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Datum: 04.11.2011 - 07:10 Uhr
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