NEW YORK, February 17, 2017 /PRNewswire/ --
Stock-Callers.com takes a closer look at the performances of these Regional Southeast Banks equities: Regions Financial Corp. (NYSE: RF), BB&T Corp. (NYSE: BBT), First Horizon National Corp. (NYSE: FHN), and F.N.B. Corp. (NYSE: FNB). These stocks are part of the Financials sector which was narrowly lower late Thursday, February 16th, 2017, falling for the first time in nearly a week as the NYSE Financials Sector Index dropped about 0.2%, while financials companies in the S&P 500 Index sank nearly 0.3%. Learn more about these stocks by downloading their comprehensive and free reports at:
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:
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