KBW

KBW is out with its report today on City National (NYSE: CYN), maintaining Market Perform. In a note to clients, KBW writes, "CYN Beat with better NII, driven by 8% Q/Q annualized loan growth and increased leverage, as well as second consecutive quarter with a $0 provision. While core results were...

KBW is out with its report today on Global Payments (NYSE: GPN), raising its PT from $47 to $52. In a note to clients, KBW writes, "Following Global Payments' F4Q11 (C2Q11) earnings results, we are raising our F2012 EPS estimate to $3.06 (from $3.03), mainly to reflect stronger top-line growth,...

KBW is out with its report today on People's United Financial (NASDAQ: PBCT), reiterating Outperform. In a note to clients, KBW writes, "Operating earnings for PBCT exceeded both Street and KBW estimates as the bank's bottom line benefited from spread and fee income growth. Organic loan and...

KBW is out with its report today on Brookline Bancorp (NASDAQ: BRKL), maintaining Market Perform. In a note to clients, KBW writes, "Operating results for BRKL were in-line with expectations as the bank reported earnings of $0.13/sh. While there were some moving parts in relationship to our model...

KBW reiterated its Market Perform rating on Bancorp Rhode Island (NASDAQ: BARI). At the same time, the rating agency left its price target on the company's stock unchanged at $42. On Thursday, BARI closed the day at $45.

KBW is out with its report today on First Niagara Financial Group (NASDAQ: FNFG), reiterating Outperform. In a note to clients, KBW writes, "Operating results of $0.25/sh beat expectations by a penny and matched our estimate. Versus our model, we saw expense control and a greater buyback offset...

KBW reiterated its Market Perform rating on Morgan Stanley (NYSE: MS). At the same time, the rating agency left its price target on the company's stock unchanged at $28. On Thursday, MS closed the day at $24.20. In today's pre-market trading, MS lost 0.33% of its value to stand around $24.12.

KBW is out with its report today on Moody's (NYSE: MCO), maintaining Market Perform. In a note to clients, KBW writes, "We are lowering our 2Q11 EPS estimate to $0.59 from $0.61 on less robust capital markets activity in the quarter compared to our original expectations. Our estimates for the...

KBW is out with its report today on Pinnacle Financial Partners (NASDAQ: PNFP), maintaining Market Perform. In a note to clients, KBW writes, "Pinnacle beat consensus and KBW in 2Q mainly from lower net charge-offs. NPAs fell sharply to 3.4% from 4.0%, the largest single qtr decline we've seen...

KBW is out with its report today on RLI (NYSE: RLI), raising its PT to $66. In a note to clients, KBW writes, "Results beat on higher reserve releases, with underlying results generally in-line. Cat losses were above forecast, the ER ran higher, and investment income was weaker, offset by higher...

KBW is out with its report today on BancFirst (NASDAQ: BANF), reiterating Market Perform. In a note to clients, KBW writes, "A solid quarter despite the miss to estimates. Strong loan growth drove an increase in provisioning expenses which caused much of the miss, although we do not view this as a...

KBW is out with its report today on S.Y. Bancorp (NASDAQ: SYBT), maintaining Market Perform. In a note to clients, KBW writes, "SYBT reported a solid, in-line 2Q. PTPP ROA grew 9 bps to 2.37%. More impressively, the company grew C&I loans 6%, unannualized, with only 2 bps of NIM compression....

KBW reiterated its Outperform rating on TD Ameritrade Holding (NASDAQ: AMTD). At the same time, the rating agency left its price target on the company's stock unchanged at $24. On Tuesday, AMTD closed the day at $18.39. Its shares added 4.68% to their value in today's pre-market trading to stand...

KBW reiterated its Market Perform rating on Bank of America (NYSE: BAC). At the same time, the rating agency reduced its price target on the company's stock to $11.50. On Tuesday, BAC closed the day at $9.57. Its shares added 1.15% to their value in today's pre-market trading to stand around $9.68.

KBW reiterated its Market Perform rating on Comerica (NYSE: CMA). At the same time, the rating agency left its price target on the company's stock unchanged at $39. On Tuesday, CMA closed the day at $32.48.