Financial Companies Report Quarterly Results, Upcoming Earnings Schedules and Loyalty Programme Updates - Research Report on Blackstone, Hatteras Financial, BancorpSouth, Cathay General and RBS

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Oct 25, 2013, 08:00 ET

NEW YORK, October 25, 2013 /PRNewswire/ --

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Today, Analysts' Corner announced new research reports highlighting The Blackstone Group (NYSE: BX), Hatteras Financial Corp (NYSE: HTS), BancorpSouth, Inc. (NYSE: BXS), Cathay General Bancorp (NASDAQ: CATY), and The Royal Bank of Scotland Group plc (NYSE: RBS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

The Blackstone Group Research Report

On October 17, 2013, The Blackstone Group (Blackstone) released its Q3 2013 financial results. The Company posted GAAP total revenues of $1.2 billion, down 0.5% YoY. GAAP net income attributable to The Blackstone Group was $171.2 million or $0.29 per diluted unit in Q3 2013, compared to $128.8 million or $0.24 per diluted unit in Q3 2012. Commenting on the results, Stephen A. Schwarzman, Chairman and CEO at Blackstone, stated, "In the third quarter 2013, Blackstone attracted $12 billion of organic capital inflows, and $53 billion in total inflows over the past year. We are actively deploying this capital, as our global scale and diversification allow us to source investment opportunities around the world, providing the foundation for strong future returns. At the same time we are seeing increased momentum in realizing gains for our fund investors, with $6.7 billion of total realizations in the third quarter and $26 billion over the past twelve months. Despite greater realizations, we grew total assets under management by 21% year over year, to a record $248 billion." The Full Research Report on The Blackstone Group - 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/acf4_BX]

Hatteras Financial Corp Research Report

On October 21, 2013, Hatteras Financial Corp (Hatteras Financial) announced that it will conduct a conference call on Wednesday, October 30, 2013, at 10:00 a.m. ET to discuss the Company's Q3 2013 financial results. According to the Company, Michael R. Hough, Chairman and CEO, Benjamin M. Hough, President and COO, and Kenneth A. Steele, CFO, along with other members of the Company's senior management team will host the call. The Company also informed that the conference call will be webcast live over the Internet and can be accessed at its website. The Full Research Report on Hatteras Financial Corp - 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/f02e_HTS]

BancorpSouth, Inc. Research Report

On October 21, 2013, BancorpSouth, Inc. (BancorpSouth) released its Q3 2013 financial results with net income of $24.9 million or $0.26 per diluted share in Q3 2013, compared to $23.8 million, or $0.25 in Q3 2012. According to Dan Rollins, CEO, "Our results for the third quarter reflect improved profitability achieved through specific initiatives that were announced during the first half of the year as well as a continuing focus on growth and efficiency. We are pleased to report net loan growth for the second consecutive quarter which, coupled with the redemption of the TRUPS, helped us achieve significant improvement in our net interest margin as well as growth in net interest income. We are also beginning to see the benefits of our effort to improve efficiency. Specifically, salaries and employee benefits expense declined meaningfully on a sequential-quarter basis as a result of the voluntary early retirement program as well as our effort to closely monitor headcount." The Full Research Report on BancorpSouth, 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/9752_BXS]

Cathay General Bancorp Research Report

On October 21, 2013, Cathay General Bancorp (Cathay General) released its financial results for Q3 2013. According to the Company, Cathay General's net income attributable to common stockholders came in at $30.0 million or $0.38 per diluted share in Q3 2013, compared to $26.2 million or $0.33 per diluted share in Q3 2012. Commenting on the results, Dunson Cheng, Cathay General's Chairman of the Board, CEO, and President said, "We expect to open our new West Covina, California branch before the end of the year and our new Bensonhurst, New York branch in the first quarter of 2014. Our focus on core deposit generation resulted in core deposits increasing at an annualized rate of 18.8% in the third quarter of 2013." The Full Research Report on Cathay General Bancorp - 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/7b90_CATY]

The Royal Bank of Scotland Group plc Research Report

On October 22, 2013, The Royal Bank of Scotland Group plc (RBS) announced that more than half a million people have signed up for Cashback Plus, the loyalty programme that allows RBS and NatWest current account customers to earn rewards while using their debit card. Commenting on the update, Alan Hardie, RBS and NatWest's Head of Current Accounts stated, "We're delighted to be extending one of the key attractive offers on our scheme for an additional seven months. Customers are really benefiting from their weekly shop and we want them to continue to do so. We've seen a positive uplift in current account openings in the last month. This and the interest we're seeing in the Cashback Plus scheme demonstrates the value that new and existing customers are finding in having their current account with us." The Full Research Report on The Royal Bank of Scotland Group plc - 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/709f_RBS]

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