Birmingham, Alabama headquartered Regions Financial Corp.'s shares gained 0.19%, closing Thursday's trading session at $15.59. The stock recorded a trading volume of 19.15 million shares. Shares of the Company have advanced 11.12% in the last month, 15.75% over the previous three months, and 8.57% on an YTD basis. The stock is trading 7.67% and 41.46% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Regions Financial, which together with its subsidiaries, provides banking and bank-related services to individual and corporate customers in the US, have a Relative Strength Index (RSI) of 71.00.
On February 10th, 2017, Regions Financial announced that Hope D. Mehlman has been named Chief Governance Officer and Assistant Corporate Secretary. In this newly created position, Mehlman will report directly to Fournier J. "Boots" Gale, III, General Counsel for Regions Financial Corporation.
Yesterday, research firm SunTrust upgraded the Company's stock rating from 'Hold' to 'Buy'. RF complete research report is just a click away and free at:
On Thursday, shares in Winston-Salem, North Carolina headquartered BB&T Corp. recorded a trading volume of 3.94 million shares. The stock declined 0.54%, ending the day at $48.00. The Company's shares have advanced 4.57% in the last month, 12.41% in the previous three months, and 2.75% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 3.42% and 21.85%, respectively. Furthermore, shares of BB&T, which operates as a financial holding company that provides various banking and trust services for retail and commercial clients, have an RSI of 64.48.
On January 19th, 2017, research firm FBR & Co. reiterated its 'Market Perform' rating on the Company's stock with a decrease of the target price from $50 a share to $49 a share.
On February 16th, 2017, BB&T held groundbreaking ceremonies for a 140,000-square-foot mortgage servicing center at 825 E. Butler Road in Mauldin, S.C. The new $30 million building will accommodate more than 600 BB&T associates who work primarily in administrative, back office, and support functions. The complimentary report on BBT can be downloaded at:
First Horizon National
Memphis, Tennessee headquartered First Horizon National Corp.'s stock finished the day 0.44% lower at $20.24. A total volume of 2.30 million shares was traded, which was above their three months average volume of 2.16 million shares. The Company's shares have gained 3.90% in the last one month, 11.23% in the previous three months, and 1.15% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.02% and 24.79%, respectively. Additionally, shares of First Horizon National, which operates as the bank holding company for First Tennessee Bank National Association that provides various financial services in the US and internationally, have an RSI of 56.10.
On January 24th, 2017, First Horizon announced that it is increasing its quarterly cash dividend on common stock by 29%. First Horizon's board of directors approved payment of a quarterly cash dividend on its common stock of $0.09 per share payable April 03rd, 2017 to common shareholders of record on March 10th, 2017. The board also approved payment of a quarterly cash dividend of $1,550.00 per share on First Horizon's Non-Cumulative Perpetual Preferred Stock, Series A, which equates to a cash dividend of $0.387500 per Depositary Share payable on April 10th, 2017 to shareholders of record on March 24th, 2017.
On February 02nd, 2017, research firm JMP Securities initiated a 'Market Perform' rating on the Company's stock. Sign up for your complimentary research report on FHN at:
Shares in Pittsburgh, Pennsylvania headquartered F.N.B. Corp. ended yesterday's session 0.45% higher at $15.58. The stock recorded a trading volume of 2.80 million shares, higher than its three months average volume of 2.06 million shares. The Company's shares have advanced 2.03% in the last one month and 8.17% over the previous three months. The stock is trading 0.05% above its 50-day moving average and 16.40% above its 200-day moving average. Moreover, shares of F.N.B., which provides a range of financial services to consumers, corporations, governments, and small- to medium-sized businesses primarily in Pennsylvania, eastern Ohio, and northern West Virginia, have an RSI of 58.73. Get free access to your research report on FNB at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email firstname.lastname@example.org. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA