NEW YORK, March 19, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on CMA, FRC, BSAC, and BAC which can be accessed for free by signing up to www.wallstequities.com/registration. Pre-market, WallStEquities.com scans Comerica Inc. (NYSE: CMA), First Republic Bank (NYSE: FRC), Banco Santander-Chile (NYSE: BSAC), and Bank of America Corp. (NYSE: BAC). Companies in the Money Center Banks space are located in a financial center, such as New York or San Francisco that deals in national and international financial markets. All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration
Texas headquartered Comerica Inc.'s stock rose slightly by 0.91%, finishing last Friday's trading session at $98.94. A total volume of 2.71 million shares was traded, which was above their three months average volume of 1.47 million shares. The Company's shares have gained 1.58% in the last month, 16.66% over the previous three months, and 37.63% over the past year. The stock is trading above its 50-day and 200-day moving averages by 3.75% and 23.00%, respectively. Additionally, shares of Comerica have a Relative Strength Index (RSI) of 52.88.
On March 05th, 2018, research firm Wedbush reiterated its 'Neutral' rating on the Company's stock with an increase of the target price from $97 a share to $102 a share.
On March 09th, 2018, Comerica Bank, a subsidiary of Comerica, announced that Morgan Rector, President, Entertainment Group, and Regional Manager, Wealth Management –Ventura and Los Angeles County Region, will be named California Market President, effective April 13th, 2018. Rector will succeed Judith "Judy" S. Love, California Market President, who plans to retire in June 2018. Get the full research report on CMA for free by clicking below at: www.wallstequities.com/registration/?symbol=CMA
First Republic Bank
Shares in California headquartered First Republic Bank ended at $96.64, up 1.10% from the last trading session. The stock recorded a trading volume of 1.43 million shares. The Company's shares have advanced 1.57% in the past month and 8.82% over the previous three months. The stock is trading 4.89% and 0.73% above its 50-day and 200-day moving averages, respectively. Moreover, shares of the Company have an RSI of 57.68.
On March 05th, 2018, First Republic Bank announced that Bill Grinnell and Darin Souza have joined First Republic Investment Management. Grinnell and Souza were each named Managing Director and will work in the Bank's office at 160 Federal Street in Boston. Both will provide investment management, retirement planning, and other wealth management services to individuals, families, businesses, nonprofits, and foundations.
On March 06th, 2018, research firm Barclays upgraded the Company's stock rating from 'Equal Weight' to 'Overweight' while revising its previous target price from $93 a share to $110 a share. FRC's complimentary research coverage is a few simple steps away at: www.wallstequities.com/registration/?symbol=FRC
On Friday, shares in Chile headquartered Banco Santander-Chile recorded a trading volume of 335,303 shares. The stock rose slightly by 0.21%, closing the day at $33.20. The Company's shares have gained 18.02% over the previous three months and 38.68% over the past year. The stock is trading 0.04% above its 50-day moving average and 11.65% above its 200-day moving average. Additionally, shares of Banco Santander-Chile have an RSI of 52.15.
On February 28th, 2018, Banco Santander-Chile announced that its Board of Directors unanimously agreed to name the current Chilean Country Head of Grupo Santander and CEO, Claudio Melandri H., as the new President of the Board of Directors, effective March 01st, 2018. This decision was made on February 27th, 2018 after the resignation of Mr. Vittorio Corbo, which was announced that afternoon through the material event sent to the Superintendencia de Bancos e Instituciones Financieras and the SEC. Register for your free research report on BSAC at: www.wallstequities.com/registration/?symbol=BSAC
Bank of America
On Friday, shares in North Carolina-based Bank of America Corp. recorded a trading volume of 83.16 million shares, which was higher than their three months average volume of 72.01 shares. The stock finished the session 0.22% higher at $32.17. The Company's shares have gained 11.55% in the previous three months and 27.56% over the past year. The stock is trading above its 50-day and 200-day moving averages by 1.86% and 18.95%, respectively. Furthermore, shares of the Company have an RSI of 53.10.
On March 07th, 2018, Bank of America announced that according to the second annual "Bank of America Hispanic Small Business Owner Spotlight," which surveyed Hispanic entrepreneurs across the US, the majority believe that the national economy (60%) and their local economies (67%) will improve in 2018—much higher than their non-Hispanic counterparts (46% and 48%, respectively). Hispanic entrepreneurs are also more bullish on revenue and hiring in the year ahead. Wall St. Equities' downloadable research report on BAC available at: www.wallstequities.com/registration/?symbol=BAC
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