Bank industry
Article Abstract:
Most US banks had good earnings during the 3rd qtr of 1996, in spite of the assessments on banks which have required thrifts to recapitalize the thrift industry deposit insurance fund. However, loan loss reserve provisions and the slower growth in loan activity, along with other factors, contributed to a general moderation in earnings. Merger activity is expected to increase and investors must keep this in mind before making stock purchases.
Author: Brophy, Theresa, Colonna, Andrew R., Wheeler, Robert L., Oshinskie, R. Daniel, Coyle, Christopher M., Milner, John W., Maher, John E.
Publisher: Value Line Publishing, Inc.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
United States Trust Company of New York, UJB
Bank industry
Article Abstract:
Bank earnings for the 1st qtr of 1996 are good and interest income will likely increase through 1997, although there will be some pressure on profit margins. Operating expense ratios are lower for most banks, but credit card losses and problem loans are rising, and competition from non-bank financial services is also increasing. Investors need to focus on bank stocks with good revenue streams and cost management programs.
Author: Brophy, Theresa, Colonna, Andrew R., Wheeler, Robert L., Mulle, Thomas A., Oshinskie, R. Daniel, Bettinger, Marc H., Coyle, Christopher M.
Publisher: Value Line Publishing, Inc.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
Republic New York Corp., U.S. Trust Corp., BayBanks Inc., BBNK, RNB, USTC
Subjects list: Banking industry, Commercial banks, Economic aspects, Finance, Chase Manhattan Corp., BankAmerica Corp., Wells Fargo & Co., AmSouth Bancorp., J.P. Morgan and Company Inc., JPM, Mellon Bank Corp., MEL, CMB, BBI, BAC, Citicorp, CCI, First Union Corp., FTU, KeyCorp., KEY, CoreStates Financial Corp., CFL, The Bank of New York Company Inc., City National Corp., First Virginia Banks Inc., Mercantile Bankshares Corp., PNC Financial Services Group Inc., Regions Financial Corp., SouthTrust Corp., Summit Bancorp. (Princeton, New Jersey), SunTrust Banks Inc., Synovus Financial Corp., ASO, BK, CYN, FVB, MRBK, FABC, SOTR, STT, STI, SNV, WB, WFC, WILM, ZION, Wilmington Trust Corp., Zions Bancorporation, BankBoston Corp., BKB, PNC, Bankers Trust New York Corp., Wachovia Corporation of North Carolina, Quick and Reilly Inc., BOH, CF, Bancorp Hawaii Inc., Barnett Banks Inc., First Hawaiian Inc., Signet Banking Corp., Southern National Corp., State Street Boston Corp., U.S. Bancorp (Portland, Oregon), BT, FHWN, SBK, SNB, USBC, FLT, NB
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