Charitable Events, Financial Results, Virtual Wallet App, Quiet Period and Dividend Rates- Research Report on JPMorgan, PNC, First Republic, Credicorp, and TD
NEW YORK, October 18, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting JPMorgan Chase & Co. (NYSE: JPM), PNC Financial Services Group Inc. (NYSE: PNC), First Republic Bank (NYSE: FRC), Credicorp Ltd. (NYSE: BAP), and The Toronto-Dominion Bank (NYSE: TD). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
JPMorgan Chase & Co. Research Report
On October 15, 2013, JPMorgan Chase & Co. (JPMorgan) announced its Call for Entries to the firm's second annual Code for Good Challenge in the UK, to be hosted at the firm's London headquarters on November 16, 2013 to November 17, 2013. According to the Company, the Code for Good Challenge event brings together talented university students studying technology to develop solutions to challenges faced by nonprofits. EMEA region's Chief Information Officer and CIB iCTO for JPMorgan, Mark Kimber, said, "We are excited to host the Code for Good Challenge in London for a second year, building on last year's successful event. The event is designed to not only aid local nonprofit organizations, but it also gives incoming talent the opportunity to see what it's like to work in technology at a major investment bank." The Full Research Report on JPMorgan Chase & Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/4b5b_JPM]
PNC Financial Services Group Inc. Research Report
On October 9, 2013, PNC Bank, a subsidiary of PNC Financial Services Group Inc. (PNCFinancial),announced that laptop, tablet, and desktop users of Windows 8 can now have access to PNC's Virtual Wallet through a new Microsoft Windows app. According to the Company, the said application is customized to fit the Windows 8 platform, along with a newly designed navigation structure. Senior Vice President of Digital Experience at PNCFinancial, Mike Ley, said, "This app provides our customers a new way to access and interact with our most innovative banking tool, Virtual Wallet." The Full Research Report on PNC Financial Services Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/2733_PNC]
First Republic Bank Research Report
On October 15, 2013, First Republic Bank (First Republic) reported its financial results for Q3 2013. The Company's total interest income grew 5.7% to $346.1 million during the quarter. Net income was $101.6 million or $0.75 per diluted share, in Q3 2013, compared to net income of $97.0 million or $0.72 per diluted share, in Q3 2012. Chairman and CEO Jim Herbert commented, "First Republic had a good quarter. Year-over-year, core net interest income was up 10% and core diluted EPS were up 19%. We're quite pleased with our deposit and loan growth, and our asset quality remains excellent." The Full Research Report on First Republic Bank - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/9f6f_FRC]
Credicorp Ltd. Research Report
On October 14, 2013, Credicorp Ltd. (Credicorp) announced that in accordance with its corporate disclosure policies, and to prevent any leaks of financial results and ensure fairness, the Company will start the quiet period for Q3 2013's earnings release on October 18, 2013. The Company informed that this period will end on the date of the earnings release, which is scheduled on November 7, 2013. Credicorp stated that during the quiet period, the Company will not disclose any financial information, comment on financial results, or respond to related questions. The Full Research Report on Credicorp Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/45db_BAP]
The Toronto-Dominion Bank Research Report
On October 1, 2013, The Toronto-Dominion Bank (TD) announced the dividend rates for its Non-Cumulative 5-Year Rate Reset Preferred Shares, Series Y (Series Y Shares) and Non-Cumulative Floating Rate Preferred Shares, Series Z (Series Z Shares). The Company stated that, holder of Series Y Shares that remain outstanding after October 31, 2013, will be entitled to receive quarterly fixed non-cumulative preferential cash dividends, as and when declared by the Board of Directors of TD, subject to the provisions of the Bank Act (Canada). The Company added that the dividend rate for the 5-year period from and including October 31, 2013 to but excluding October 31, 2018 will be c.3.56%. TD further stated that holders of any Series Z Shares that may be issued on October 31, 2013will be entitled to receive quarterly floating rate non-cumulative preferential cash dividends, calculated on the basis of the actual number of days elapsed in such quarterly period divided by 365, as and when declared by the Board of Directors of TD, subject to the provisions of the Bank Act (Canada).According to the Company, the dividend rate for the floating rate period from and including October 31, 2013 to but excluding January 31, 2014 will be c.2.67%. The Full Research Report on The Toronto-Dominion Bank - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/9f85_TD]
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