NEW YORK, May 2, 2017 /PRNewswire/ --
Today's research on Stock-Callers.com is dedicated to the Money Center Banks industry, which includes financial institutions that get their trade from corporations, other banks, and governments. Equities under evaluation this morning are: ICICI Bank Ltd (NYSE: IBN), SunTrust Banks Inc. (NYSE: STI), The PNC Financial Services Group Inc. (NYSE: PNC), and TCF Financial Corp. (NYSE: TCB). Download the free research reports on these stocks today:
Mumbai, India-based ICICI Bank Ltd's shares closed Monday's trading session flat at $8.57. The stock recorded a trading volume of 3.09 million shares. The Company's shares have advanced 8.62% over the previous three months and 14.42% since the start of this year. The stock is trading 1.02% above its 50-day moving average and 7.31% above its 200-day moving average. Additionally, shares of ICICI Bank, which together with its subsidiaries, provides banking and financial services in India and internationally, have a Relative Strength Index (RSI) of 52.21. See our free and comprehensive research report on IBN at:
On Monday, shares in Atlanta, Georgia headquartered SunTrust Banks Inc. recorded a trading volume of 5.21 million shares. The stock rose 1.65%, ending the day at $57.75. The Company's shares have advanced 2.98% in the past month, 1.28% in the previous three months, and 5.75% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.35% and 14.34%, respectively. Furthermore, shares of SunTrust Banks, which operates as the holding company for SunTrust Bank that provides various financial services for consumers, businesses, corporations, and institutions in the US, have an RSI of 58.75.
On April 25th, 2017, SunTrust Banks Chairman and CEO William H. Rogers, Jr. announced that Agnes Bundy Scanlan has been newly elected to the SunTrust Board of Directors. Ms. Bundy Scanlan will join 11 directors who were re-elected by company shareholders for the coming year. She is currently a senior advisor for Treliant Risk Advisors, where she counsels financial services firms on regulatory, compliance, and risk-management matters.
On May 01st, 2017, research firm Wedbush upgraded the Company's stock rating from 'Neutral' to 'Outperform' while revising its previous target price from $60 a share to $63 a share. STI free research report PDF is just a click away at:
PNC Financial Services
Pittsburgh, Pennsylvania headquartered The PNC Financial Services Group Inc.'s stock finished the day 1.17% higher at $121.15 with a total trading volume of 1.86 million shares. The Company's shares have advanced 0.15% in the last one month, 1.11% in the previous three months, and 4.54% on an YTD basis. The stock is trading above its 200-day moving average by 15.00%. Additionally, shares of PNC Financial Services, which operates as a diversified financial services company in the US and internationally, have an RSI of 53.51.
On April 13th, 2017, PNC Financial Services announced financial results for Q1 2017. The Company reported net income of $1.1 billion and diluted earnings per common share of $1.96. Total revenue for Q1 2017 was $3.9 billion, net interest income was $2.2 billion, noninterest income was $1.7 billion, noninterest expense was $2.4 billion, and provision for credit losses was $88 million. Sign up for your complimentary report on PNC at:
Shares in Wayzata, Minnesota headquartered TCF Financial Corp. ended yesterday's session 1.45% higher at $16.75. The stock recorded a trading volume of 1.29 million shares. The Company's shares are trading 3.85% above their 200-day moving average. Moreover, shares of TCF Financial, which operates as the holding company for TCF National Bank that provides various financial products and services in the US and Canada, have an RSI of 48.94.
On April 27th, 2017, TCF Financial announced that its Board of Directors elected Craig R. Dahl, the Company's President and CEO, to the additional role of chairman of the board, effective immediately. Mr. Dahl succeeds William A. Cooper, who served as Chairman from 1985 until his death earlier this year. Register for free on Stock-Callers.com and download the latest research report on TCB at:
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