CADE - Free Daily Technical Summary Reports on Regions Financial and Three More Banking Stocks
Stock Research Monitor: CADE, FNB, and FHN
LONDON, UK / ACCESSWIRE / May 16, 2018 / If you want a free Stock Review on RF sign up now at www.wallstequities.com/registration. In today's pre-market research, WallStEquities.com covers the Regional Southeast Banks industry, which is chock-full of dividend stocks despite focusing on a narrow region of the US. On average, companies in this space tend to pay dividends that are in-line with the wider market. Under assessment this morning are four stocks: Cadence Bancorp. (NYSE: CADE), F.N.B. Corp. (NYSE: FNB), First Horizon National Corp. (NYSE: FHN), and Regions Financial Corp. (NYSE: RF). All you have to do is sign up today for this free limited time offer by clicking the link below.
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Cadence Bancorp.
On Tuesday, shares in Houston, Texas headquartered Cadence Bancorp. recorded a trading volume of 1.22 million shares, which was above their three months average volume of 422,650 shares. The stock ended at $29.37, climbing slightly by 0.24% from the last trading session. The Company's shares have gained 4.22% in the last month, 7.39% over the previous three months, and 34.42% over the past year. The stock is trading above its 50-day and 200-day moving averages by 3.50% and 15.71%, respectively. Furthermore, shares of Cadence, which operates as the bank holding company for Cadence Bank, N.A. that provides commercial banking products and services to businesses, high net worth individuals, business owners, and retail customers in the US, have a Relative Strength Index (RSI) of 52.10.
On May 13th, 2018, Cadence and State Bank Financial Corporation jointly announced the entry into a definitive merger agreement in a stock-for-stock transaction, creating a combined organization with $16 billion in assets, $12 billion in loans, $13 billion in deposits, and approximately 100 branches serving Texas, Georgia, Florida, Alabama, Tennessee, and Mississippi, based on the companies' balance sheets as of March 31st, 2018. Get the full research report on CADE for free by clicking below at:
www.wallstequities.com/registration/?symbol=CADE
F.N.B.
Pittsburgh, Pennsylvania headquartered F.N.B. Corp.'s stock finished yesterday's session 0.52% higher at $13.52 with a total trading volume of 2.58 million shares. The Company's shares have gained 1.35% in the last month. The stock is trading below its 50-day moving average by 0.39%. Furthermore, shares of F.N.B. Corp., which provides a range of financial services primarily to consumers, corporations, governments, and small- to medium-sized businesses, have an RSI of 54.70.
On April 24th, 2018, F.N.B. Corp. reported its results for Q1 2018. Net income available to common stockholders for Q1 2018 was $84.8 million, total revenue was $294 million, and net interest income totaled $226.1 million. Average loans for the quarter totaled $21.2 billion, and average deposits totaled $22.2 billion. The free technical report on FNB can be accessed at:
www.wallstequities.com/registration/?symbol=FNB
First Horizon National
At the close of trading on Tuesday, shares in Memphis, Tennessee headquartered First Horizon National Corp. rose 1.59%, ending the day at $19.20. The stock recorded a trading volume of 3.32 million shares, which was above its three months average volume of 3.15 million shares. The Company's shares have advanced 1.11% in the last month, 0.73% in the previous three months, and 8.41% over the past year. The stock is trading 0.99% and 1.56% above its 50-day and 200-day moving averages, respectively. Moreover, shares of the Company, which operates as the bank holding company for First Tennessee Bank National Association that provides various financial services, have an RSI of 57.13.
On April 16th, 2018, research firm FIG Partners upgraded the Company's stock rating from ‘Market Perform' to ‘Outperform'.
On May 02nd, 2018, First Horizon National has been named to the Forbes "America's Best Midsize Employers" list. The recognition, based on employee feedback, honors American companies that employ at least 1,000 workers in their US operations. Sign up for free on Wall St. Equities and claim the latest report on FHN at:
www.wallstequities.com/registration/?symbol=FHN
Regions Financial
Birmingham, Alabama headquartered Regions Financial Corp.'s shares ended the day 0.99% higher at $19.39. A total volume of 13.35 million shares was traded, which was above their three months average volume of 11.02 million shares. The stock has gained 4.98% in the last month, 2.86% over the previous three months, and 35.22% over the past year. The Company's shares are trading 2.52% above their 50-day moving average and 14.56% above their 200-day moving average. 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 an RSI of 57.65.
On April 25th, 2018, Regions Financial announced that John M. Turner, Jr., who currently serves as President, will become CEO of Regions Bank and the Corporation, and a member of its Boards of Directors, effective July 02nd, 2018. Mr. Turner, 56, will succeed Chairman and CEO Grayson Hall, 60, who will serve as Executive Chairman through the end of 2018. See the free research coverage on RF at:
www.wallstequities.com/registration/?symbol=RF
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