$FBSS (Fauquier Bankshares Inc.)

$FBSS {{ '2016-08-22T11:34:38+0000' | timeago}} • Announcement

Banking company $FBSS said its BoD has announced a quarterly dividend of $0.12 per share payable Oct. 3, 2016 to shareholders of record on Sept. 16, 2016. This dividend represents a $0.48 dividend on an annual basis.

$PBCT {{ '2018-01-19T18:50:01+0000' | timeago}} • Webcast

During 4Q17, $PBCT reported an increase for the second consecutive quarter in both return on average assets and return of average tangible common equity that were 96Bps and 13.8% respectively.

$PBCT {{ '2018-01-19T18:45:06+0000' | timeago}} • Webcast

$PBCT's period end loans during 4Q17  increased 2%, driven by strong results from equipment financing units and solid production in middle market commercial and industrial lending. Period end deposits came in at 33.1Bil, up 6%. This increase was mainly due to higher non-interest bearing balances of 347MM.

$PBCT {{ '2018-01-19T18:39:43+0000' | timeago}} • Webcast

For FY18, $PBCT expects to grow loan portfolio to about 4-6% on both a period end and average balance basis. Deposits growth is expected to be about 3-5% on both a period end and average balance basis and net interest income is expected to increase to the range of 10-12%. The bank expects its net interest margin to be in the range of 3.05-3.15%.

$AXP {{ '2018-01-19T18:19:26+0000' | timeago}} • Webcast

$AXP said the highest revenue growth segment in 2017 was the US consumer segment. Despite the US consumer segment being very competitive, the company is generating good results and has good opportunities in this space. There are growth opportunities in small and medium-sized enterprises too. These are areas $AXP plans to invest in going forward.

$AXP {{ '2018-01-19T17:55:20+0000' | timeago}} • Webcast

$AXP expects the lending dynamic in 2018 to remain consistent with 2017. The company’s loan growth is expected to exceed the industry as it focuses on increasing its share of lending, particularly with existing customers. Net interest yield has started to stabilize but is expected to contribute to growth versus prior year.

$AXP {{ '2018-01-19T17:55:03+0000' | timeago}} • Webcast

$AXP's reported billings growth was 11% in 4Q17. This was partly due to the dollar weakening YoY versus the major currencies $AXP operates in overseas but also reflects strong underlying growth. The global commercial and global consumer segments represented 40% and 43% of billings respectively. Global network services made up the remaining 17%.

$STI {{ '2018-01-19T16:44:28+0000' | timeago}} • Announcement

$STI said Anil Cheriyan will retire as chief information officer effective March 31, 2018, following a 36-year career in management consulting and information technology. Scott Case will succeed Cheriyan as CIO, effective Feb. 5, 2018, reporting to SunTrust Chairman and CEO Bill Rogers.

$MTB {{ '2018-01-19T15:42:53+0000' | timeago}} • Webcast

$MTB stated that in terms of C&I loan growth, 4Q17 originations were strong. The company saw elevated paydowns in C&I during 2017. The increased activity in C&I was largely from private equity and this activity was around 5-10% higher than historical trends in terms of payoffs and paydowns.

$MTB {{ '2018-01-19T15:42:38+0000' | timeago}} • Webcast

$MTB's net operating income for 4Q17, which excludes intangible amortization, was $327MM compared with $336MM in 4Q16. Diluted net operating EPS was $2.04 in 4Q17 compared with $2.01 in 4Q16. Net operating income yielded annualized rates of return on average tangible assets and average tangible common shareholders' equity of 1.12% and 11.77%.

$BLK {{ '2018-01-19T15:19:31+0000' | timeago}} • Webcast

$BLK, which benefited in 4Q17 from the $1.2Bil of net tax benefit from the recent tax reform, said that the reduction in the tax rate will increase the asset manager's after cash flow. BlackRock added that this increased cash flow from the tax reforms will be used in share buybacks and paying dividends, and also for investing in new products.

$RNR {{ '2018-01-19T14:34:07+0000' | timeago}} • Announcement

RenaissanceRe Ventures Ltd., a subsidiary of $RNR, agreed to buy a minority shareholding in Catalina. The agreement is expected to close concurrently with the majority acquisition of Catalina by affiliates of Apollo Global Management. Aditya Dutt, President of Renaissance Underwriting Managers Ltd., will join the Catalina BoD.

$FHN {{ '2018-01-19T14:12:12+0000' | timeago}} • Announcement

During 4Q17, $FHN completed the merger with Capital Bank, significantly expanding balance sheet, customers, markets and opportunities, as the company identified greater cost savings and revenue opportunities. $FHN begins 2018 with momentum and confidence in abilities to create value for communities, customers and shareholders.

$FHN {{ '2018-01-19T14:09:33+0000' | timeago}} • Announcement

$FHN slipped to a loss in 4Q17 from profit last year, due to higher provision for income taxes. Net loss was $52.84MM or $0.20 per share compared to a profit of $53.29MM or $0.23 per share a year ago. Revenue grew 17% to $375.67MM. Reflected in 4Q17 results are $1,000 bonuses to about 70% of its employees and contribution of $16.5MM to Foundation.

$AXP {{ '2018-01-19T14:05:45+0000' | timeago}} • Announcement

During 4Q17, $AXP posted total revenues net of interest expense of $3.4Bil in its US Consumer Services segment, up 13% from 4Q16. The International Consumer and Network Services segment revenues grew 12%. Global Commercial Services reported a 7% growth in revenues while Global Merchant Services reported a 9% revenue growth versus 4Q16.

$AXP {{ '2018-01-19T13:58:39+0000' | timeago}} • Announcement

$AXP expects EPS for full-year 2018 to be $6.90-7.30. The midpoint of this range will represent an approximate 20% increase from the 2017 EPS, excluding the impacts of the Tax Act in 2017.

$AXP {{ '2018-01-19T13:56:36+0000' | timeago}} • Announcement

$AXP's CEO Kenneth Chenault, who will retire this February, stated that the upfront charge triggered by the Tax Act reduced capital ratios and, as a result, while $AXP will be continuing its quarterly dividends at the current level, the company plans to suspend its share buyback program for 1H18 in order to rebuild its capital.

$AXP {{ '2018-01-19T13:49:19+0000' | timeago}} • Announcement

$AXP reported consolidated total revenues, net of interest expense, of $8.8Bil for 4Q17, up 10% from $8Bil in 4Q16. The increase primarily reflected higher Card Member spending, loans and fees, which more than offset the impact of a lower discount rate.

$AXP {{ '2018-01-19T13:40:43+0000' | timeago}} • Announcement

Financial services company $AXP reported its first quarterly net loss in more than two decades for  4Q17, hurt by a one-time charge of $2.6Bil related to the Tax Act. Net loss was $1.19Bil or $1.41 per share compared to a net income of $825MM or $0.88 per share in 4Q16. Excluding the impacts of the Tax Act, EPS for the quarter was $1.58.

$RF {{ '2018-01-19T13:17:49+0000' | timeago}} • Announcement

Banking company $RF reported 14% growth in its 4Q17 profit, helped by growth in net interest income. Earnings rose to $318MM, or $0.27 per share, from $278MM, or $0.23 per share during 4Q16. Total revenue on a fully taxable equivalent basis rose 6% to $1.5Bil.

$STI {{ '2018-01-19T12:30:16+0000' | timeago}} • Announcement

$STI's net interest margin during 4Q17 was 3.17%, up 17Bps from the prior year period. This increase was driven by higher earning asset yields arising from higher benchmark interest rates, continued positive mix shift in the loans held for investment (LHFI) portfolio, and higher securities AFS yields given lower premium amortization expense.

Recent Transcripts

PBCT (People's United Financial Inc.)
Thursday, January 18 2018 - 10:00pm
AXP (American Express Company)
Thursday, January 18 2018 - 10:00pm
SASR (Sandy Spring Bancorp Inc.)
Thursday, January 18 2018 - 7:00pm
MTB (M&T Bank Corporation)
Thursday, January 18 2018 - 4:00pm
KEY (KeyCorp.)
Thursday, January 18 2018 - 2:00pm
BK (The Bank of New York Mellon Corporation)
Thursday, January 18 2018 - 1:00pm
BBT (BB&T Corporation)
Thursday, January 18 2018 - 1:00pm
GS (The Goldman Sachs Group, Inc.)
Wednesday, January 17 2018 - 2:30pm
USB (U.S. Bancorp)
Wednesday, January 17 2018 - 2:00pm
BAC (Bank of America Corporation)
Wednesday, January 17 2018 - 1:30pm
BLK (BlackRock, Inc.)
Friday, January 12 2018 - 1:30pm
JPM (JPMorgan Chase & Co.)
Friday, January 12 2018 - 1:30pm
RNR (RenaissanceRe Holdings Ltd.)
Wednesday, November 1 2017 - 2:00pm
RE (Everest Re Group Ltd.)
Tuesday, October 31 2017 - 2:30pm
SMBC (Southern Missouri Bancorp, Inc.)
Tuesday, October 24 2017 - 8:30pm
SGB (Southwest Georgia Financial Corp.)
Tuesday, October 24 2017 - 5:00pm
RF (Regions Financial Corporation)
Tuesday, October 24 2017 - 3:00pm
SSB (South State Corporation)
Tuesday, October 24 2017 - 2:00pm
STI (SunTrust Banks, Inc.)
Friday, October 20 2017 - 12:00pm
PBCT (People's United Financial Inc.)
Thursday, October 19 2017 - 9:00pm

AlphaGraphics you may like