Equity Research on Synovus Financial Corp. and BB&T Corp. - Mid-Atlantic Banks Helped by Improved Credit Quality
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 08/28/12 -- 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 - Mid-Atlantic Banks industry and are offering free analytical research on (NYSE: SNV) and (NYSE: BBT). Register with us now to have free access to these research reports. Simply click on the link below.
Mid-Atlantic regional banks have performed well in recent weeks as credit quality continues to improve. Minimal exposure to European debt crises also works in the industry's favor. Slow loan growth, a stagnant U.S. economy and high unemployment are making it difficult to substantially widen margins though. Get your free reports on and at . There is no commitment to join.
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The benefits of improved credit quality are evident in the latest quarterly reports from both Synovus Financial Corp. and BB&T Corp. In the case of Synovus, net charge-offs fell an impressive 41% from the prior year period. report is accessible for free by registering today at
Similarly, BB&T saw provisions for credit losses decline by 17% over the year ago quarter. These two examples are reflective of a broader industry wide trend of improving credit. Better credit and fewer provisions for loan losses are encouraging but generating growth still appears difficult. report is accessible for free by registering today at
Significant gains in the short-term appear unlikely but Mid-Atlantic banks look far more stable than they did earlier this year. Banks looking to spark revenues through less traditional avenues could be best positioned. The two stocks research reports are available for free by signing up now on the link below.
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Datum: 28.08.2012 - 06:15 Uhr
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