Regional Bank Buybacks: 5 Institutions Making Big Moves

A slew of regional banks just announced substantial new share buyback authorizations. Regional banks are mid-sized to small financial institutions that tend to serve a particular part of the country. The buyback announcements coming from these financial companies signal a level of industry-wide confidence. This use of cash ultimately suggests that these firms believe they are well-capitalized and are in a strong position to use their excess funds to return capital.Get Fifth Third Bancorp alerts:Fifth Third ...