The Federal Reserve announced Monday that Michael Barr, the Fed's top banking regulator, will step down from his role as Vice Chair for Supervision on February 28. However, Barr will remain a Fed governor, continuing his term until 2026. Following the announcement, bank stocks broadly gained, with$Citigroup (C.US)$and$Morgan Stanley (MS.US)$rising more than 2%, and regional banks$Synovus Financial (SNV.US)$and$East West Bancorp (EWBC.US)$climbing ...
As Trump is expected to officially take office as the 47th President of the United States on January 20, 2025, and implement his policies, the banking sector, especially regional banks, may become an important investment opportunity. Trump's administration has explicitly stated its intention to relax banking regulations, particularly for smaller and mid-sized banks, which could ignite growth potential in these institutions. With a m...
As Trump is expected to officially take office as the 47th President of the United States on January 20, 2025, and implement his policies, the banking sector, especially regional banks, may become an important investment opportunity. Trump's administration has explicitly stated its intention to relax banking regulations, particularly for smaller and mid-sized banks, which could ignite growth potential in these institutions. With a m...
$First Horizon National (FHN.US)$Man, I realize I'm the only one posting on this stock, but boy do I love it... a quarterly dividend AND this great growth!!
BeeDeeVee712
OP
Tee Guy
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Good call on that one, $Westport Fuel (WPRT.US)$ I like what I'm seeing, love their financials, am trying to figure out why the drop occurred after the most recent earnings report (I'm assuming it had to do with something else). But, yes, this seems like a really good point of entry right around that $4.00 mark, ESPECIALLY if you're looking to hold it long term! Thanks again man, appreciate the tip!
$First Horizon National (FHN.US)$Man I love this stock...been holding since 5/23 and it's been consistently trending upwards and handing out a decent dividend along the way. Good times, keep it up FHN!!
Gerlinger sees profitability potential in the higher-for-longer environment and suggests it's a good time to buy bank stocks due to low valuations and exaggerated loss concerns. He anticipates positive earnings revisions for FHN and BPOP, as net interest margin trends pivot higher in 1Q results and future buybacks are factored into street modeling.
First Horizon's stable dividend payout is overshadowed by stagnant earnings per share growth. Despite a low payout ratio, the overall outlook is unconvincing, hinting at better investment opportunities elsewhere.
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Poppie76 : First rat off the Titanic