Regional Banks

Jefferies remains Hold-rated on MB Financial (NASDAQ: MBFI) and raises its price target to $19, up $1, following the company's 4Q11 report that reveals a better outlook for 2012. Jefferies says, "We are updating our estimates following recently reported 4Q11 earnings. While the near-term was a...

Schlumberger Ltd (NYSE: SLB) is projected to report its Q4 earnings at $1.09 per share on sales of $10.8 billion. General Electric Company (NYSE: GE) to report its Q4 EPS at $0.38 on sales of $40.05 billion. SunTrust Banks Inc (NYSE: STI) is projected to report its Q4 EPS at $0.26 on revenue of...

This is your Benzinga news summary for Thursday, January 19, 2012, covering headlines from Thursday's daytime trading session. Today at market close, the Dow Jones Index traded up about 45.03 points 0.36%, the S&P 500 traded 0.49% higher, the Nasdaq Composite Index traded up 0.67%, and the U.S...

Merchants Bancshares, Inc. (NASDAQ: MBVT), the parent company of Merchants Bank, announced that its Board of Directors declared today, January 19, 2012, a dividend of 28 cents per share, payable February 16, 2012, to shareholders of record as of February 2, 2012. This quarter represents our 61st...

Mercantile Bank Corporation (NASDAQ: MBWM) reported net income attributable to common shares of $30.0 million, or $3.37 per diluted share, for the fourth quarter of 2011, compared with a net loss attributable to common shares of $5.3 million, or ($0.62) per diluted share, for the prior-year period...

TD Ameritrade Holding Corp (NASDAQ: AMTD) is projected to report its Q1 earnings at $0.26 per share on revenue of $672 million. Forest Laboratories Inc (NYSE: FRX) is estimated to report its Q3 EPS at $1.01 on revenue of $1.18 billion. Wells Fargo & Company (NYSE: WFC) is projected to report...

Stifel Nicolaus has downgraded the following companies: Lakeland Financial Corporation (NASDAQ: LKFN) from Buy to Hold, $26 PT removed Regal Entertainment Group (NYSE: RGC) from Buy to Hold, $16 PT removed

Nara Bancorp, Inc. (NASDAQ: NARA) and Center Financial Corporation (NASDAQ: CLFC) today announced the receipt of approval from the Federal Deposit Insurance Corporation (FDIC) for the planned merger of Nara Bank and Center Bank. This represents the final regulatory approval required for the merger...

Nara Bancorp, Inc. (NASDAQ: NARA) and Center Financial Corporation (NASDAQ: CLFC) today announced the receipt of regulatory approval for the planned merger of the two companies from the California Department of Financial Institutions and the Federal Reserve Bank of San Francisco. The last...

This is your Benzinga news summary and traders' summary for Monday, October 24, 2011, covering headlines from Monday's trading session. Today at market close, the Dow Jones Index traded up about 105.3 points or 0.89%, the S&P 500 traded 1.29% higher, the Nasdaq Composite Index traded up 2.35...