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Banco Comercial Português, S.A. informs on notification by Banco de Portugal regarding MREL requirements
Globenewswire· 2025-07-11 17:28
Core Points - Banco Comercial Português, S.A. has received a notification from Banco de Portugal regarding the Minimum Requirement for Own Funds and Eligible Liabilities (MREL) [1] Group 1 - The notification pertains to the regulatory requirements that the bank must meet in terms of capital and eligible liabilities [1] - MREL is a key component in ensuring that banks have sufficient resources to absorb losses and support resolution processes [1] - Compliance with MREL is essential for maintaining financial stability and protecting depositors [1]
CREDIT AGRICOLE SA: Crédit Agricole S.A. will ask ECB authorization to cross 20% in the share capital of Banco BPM S.p.A.
Globenewswire· 2025-07-11 17:22
Core Viewpoint - Crédit Agricole S.A. plans to seek authorization from the ECB to increase its stake in Banco BPM S.p.A. to just above 20%, which would allow it to qualify for "significant influence" over the bank [1][2][3]. Group 1 - The Board of Directors of Crédit Agricole S.A. has approved the filing of an authorization request with the ECB to exceed a 20% stake in Banco BPM S.p.A. [2] - Currently, Crédit Agricole S.A. holds 19.8% of the share capital in Banco BPM and intends to acquire additional shares to surpass the 20% threshold [3]. - This move is aimed at allowing Crédit Agricole S.A. to account for its investment in Banco BPM using the equity method, reinforcing its position as a long-term shareholder and industrial partner [3]. Group 2 - Crédit Agricole S.A. has clarified that it does not intend to acquire or exercise control over Banco BPM and will keep its stake below the mandatory tender offer threshold [4].
Will Citizens Financial Group (CFG) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-07-11 17:11
Core Viewpoint - Citizens Financial Group (CFG) is well-positioned to continue its earnings-beat streak in the upcoming report, supported by a positive earnings surprise history and favorable analyst estimates [1][5]. Earnings Performance - For the last reported quarter, Citizens Financial Group achieved earnings of $0.77 per share, exceeding the Zacks Consensus Estimate of $0.75 per share, resulting in a surprise of 2.67% [2]. - In the previous quarter, the company reported earnings of $0.85 per share against an expected $0.83 per share, delivering a surprise of 2.41% [2]. Earnings Estimates - Recent estimates for Citizens Financial Group have been trending upward, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5][8]. - The current Earnings ESP for the company stands at +1.55%, reflecting increased analyst optimism regarding its near-term earnings potential [8]. Zacks Rank and Predictive Power - The stock holds a Zacks Rank of 3 (Hold), which, when combined with a positive Earnings ESP, suggests a high probability of beating consensus estimates, with historical data indicating nearly 70% success in such cases [6][8]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate being more reflective of recent analyst revisions [7].
Why Commerce (CBSH) is Poised to Beat Earnings Estimates Again
ZACKS· 2025-07-11 17:11
Core Viewpoint - Commerce Bancshares (CBSH) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a history of positive earnings surprises [1][5]. Earnings Performance - For the last reported quarter, Commerce Bancshares achieved earnings of $0.98 per share, exceeding the Zacks Consensus Estimate of $0.93 per share, resulting in a surprise of 5.38% [2]. - In the previous quarter, the company reported earnings of $1.01 per share against an expected $0.94 per share, delivering a surprise of 7.45% [2]. Earnings Estimates - There has been a favorable change in earnings estimates for Commerce Bancshares, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating potential for an earnings beat [5][8]. - The current Earnings ESP for Commerce is +1.79%, suggesting analysts are optimistic about its near-term earnings potential [8]. Predictive Metrics - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7].
Mizuho (MFG) Upgraded to Buy: Here's What You Should Know
ZACKS· 2025-07-11 17:01
Core Viewpoint - Mizuho (MFG) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system emphasizes the importance of earnings estimate revisions, which are strongly correlated with near-term stock price movements [4][6]. - Rising earnings estimates for Mizuho suggest an improvement in the company's underlying business, likely leading to an increase in stock price [5]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) to Zacks Rank 5 (Strong Sell), and has a proven track record of performance [7]. - Stocks in the top 20% of Zacks-covered stocks, like Mizuho with its Zacks Rank 2, are positioned for potential market-beating returns [10]. Earnings Estimate Revisions for Mizuho - For the fiscal year ending March 2026, Mizuho is expected to earn $0.55 per share, which remains unchanged from the previous year, but the Zacks Consensus Estimate has increased by 12.2% over the past three months [8].
UniCredit S.p.A. Unsponsored ADR (UNCRY) Is Up 1.21% in One Week: What You Should Know
ZACKS· 2025-07-11 17:01
Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the strategy of "buying high, hoping to sell higher" [1] - The Zacks Momentum Style Score helps define momentum characteristics, with UniCredit S.p.A. Unsponsored ADR (UNCRY) currently holding a Momentum Style Score of A [2] Group 2: Performance Metrics - UNCRY shares have increased by 1.21% over the past week, while the Zacks Banks - Foreign industry rose by 1.23% [5] - Over the last quarter, UNCRY shares have risen by 22.07%, and by 74.53% over the past year, compared to the S&P 500's increases of 19.67% and 12.87% respectively [6] Group 3: Trading Volume and Earnings Outlook - UNCRY's average 20-day trading volume is 373,850 shares, indicating a bullish sign with rising stock prices [7] - In the past two months, three earnings estimates for UNCRY have increased, raising the consensus estimate from $3.48 to $3.69 [9] Group 4: Conclusion - Given the strong performance metrics and positive earnings outlook, UNCRY is rated as a 1 (Strong Buy) stock with a Momentum Score of A, making it a promising investment option [11]
All You Need to Know About FVCBankcorp (FVCB) Rating Upgrade to Strong Buy
ZACKS· 2025-07-11 17:01
FVCBankcorp (FVCB) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power o ...
What Makes Canadian Imperial Bank (CM) a Strong Momentum Stock: Buy Now?
ZACKS· 2025-07-11 17:01
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell even higher, with the expectation that established trends will continue [1] Company Overview: Canadian Imperial Bank (CM) - Canadian Imperial Bank currently holds a Momentum Style Score of A, indicating strong momentum potential [3] - The bank has a Zacks Rank of 2 (Buy), suggesting it is positioned for outperformance in the market [4] Performance Metrics - CM shares have increased by 3.54% over the past week, outperforming the Zacks Banks - Foreign industry, which rose by 1.23% [6] - Over the last quarter, CM shares have surged by 24.56%, and over the past year, they have gained 48.85%, compared to the S&P 500's increases of 19.67% and 12.87%, respectively [7] - The average 20-day trading volume for CM is 1,495,427 shares, indicating a bullish trend with rising prices [8] Earnings Outlook - In the past two months, 6 earnings estimates for CM have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $5.50 to $5.89 [10] - For the next fiscal year, 6 estimates have also moved upwards, reflecting positive sentiment regarding the bank's earnings potential [10] Conclusion - Given the strong performance metrics and positive earnings outlook, Canadian Imperial Bank is positioned as a solid momentum pick with a Momentum Score of A and a Zacks Rank of 2 (Buy) [12]
X @Bloomberg
Bloomberg· 2025-07-11 16:50
BPER is set to take control of rival Popolare Sondrio after its bid won the backing of a majority of investors https://t.co/e6zSOZO8VN ...
德银称美国财政部过度依赖国库券融资面临风险
news flash· 2025-07-11 16:45
Group 1 - The core viewpoint is that Deutsche Bank strategists warn about the risks associated with the U.S. Treasury's over-reliance on short-term financing tools, particularly Treasury bills, to manage interest costs [1] - The strategy of relying heavily on short-term issuance increases the vulnerability of the U.S. Treasury to future refinancing shocks [1] - This reliance may exacerbate the connection between Federal Reserve monetary policy and the federal budget, potentially leading to greater fluctuations in debt interest expenses due to short-term interest rate volatility, which could pressure the independence of the Federal Reserve [1]