US Banking Sector Endeavors Recovery -- Industry Report Featuring Popular, Inc. and Citizens Republic Bancorp, Inc.
May 23 2011 - 9:00AM
Marketwired
Today, www.WorldStreetFundamentals.com released its industry report
highlighting Popular, Inc. (NASDAQ: BPOP) and Citizens Republic
Bancorp, Inc. (NASDAQ: CRBC). Full fundamental and technical
analysis is available at
www.WorldStreetFundamentals.com/Reports.php.
The United States banking industry is still questionable even
though we have seen a sizeable recovery in recent quarters and
several catalysts are to blame: asset quality is in check, tight
regulations and banks tightening their belts, and worst of all the
continued rise of residential and commercial foreclosures and loan
defaults.
Better news is that while low liquidity, loan demand and
revenues continue to plague the financial system, help from the
government has kept the industry relatively stable. Banks are
aggressively playing "catch-up" concentrating on problem credits in
residential and commercial real estate and the government has
raised the bar providing substantial capital and debt
guarantees.
World Street Fundamentals has highlighted Popular, Inc. because
of its diversified operations in three markets: Puerto Rico, the
United States mainland and providing processing and other
technology services in Puerto Rico, Florida, Venezuela, the
Dominican Republic, El Salvador and Costa Rica. The Company's offer
in Puerto Rico a range of retail and commercial banking services
through its principal bank subsidiary, Banco Popular de Puerto Rico
(Banco Popular or the Bank). The entire report on Popular, Inc.
(NASDAQ: BPOP) is available here:
www.WorldStreetFundamentals.com/ViewFullReport.245.php.
World Street has highlighted Citizens Republic Bancorp for its
diversified banking and financial services company that is a bank
holding company. Citizens provides a range of banking and financial
services to individuals and businesses through its subsidiaries
Citizens Bank and F&M Bank, Iowa (F&M). These services
include deposit products, loan products, and other
consumer-oriented financial services, such as safe deposit and
night depository facilities, and automated teller machines (ATMs).
The entire report on Citizens Republic Bancorp, Inc. (NASDAQ: CRBC)
is available here:
www.WorldStreetFundamentals.com/ViewFullReport.138.php.
About World Street World Street Fundamentals is an online portal
for professionals, investors and new-comers to the markets to find
in depth comprehensive research and research tools to help guide
you through the ever changing financial markets. Covering the top
performers in the hottest sectors and providing clarity to
investors around the world.
Contact: Adam Redford Email Contact
www.WorldStreetFundamentals.com
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