Professional Research on Regions Financial and First Horizon National -- Recession Hits Southeast Banks Hard
September 22 2010 - 8:52AM
Marketwired
www.wallstreetequityresearch.com allows shareholders to gain full
understanding of the economic and market forces influencing the
regional - Southeast banks industry, and offers free research on
industry players
Regions Financial Corp.
(NYSE: RF)
and First Horizon National Corp.
(NYSE: FHN). Register today at www.wallstreetequityresearch.com to
receive free research reports on these companies.
The Southeast Banks sector has been struck hard by the
recession. A large amount of real-estate loan defaults in the
Southeast have caused many banks to become financially unstable due
to deterioration in credit. Many banks have been forced to downsize
or close by the Federal Deposit Insurance Corporation.
www.wallstreetequityresearch.com is a specialized website where
investors can have complete access to free reports on regional -
Southeast banks industry; traders looking for analyst opinions on
Regions Financial Corp., First Horizon National Corp. and other
players in the industry are welcomed to sign up for a free one year
membership at http://www.wallstreetequityresearch.com/.
When the FDIC seizes assets, it allows other more healthy banks
to acquire them at undervalued prices. This has meant growth for
larger banks within the sector and a shrinkage or disappearance of
smaller ones. The FDIC has closed 125 banks so far this year. The
hardest hit states in the Southeast are Georgia which has closed 14
banks and Florida which leads the nation at 23. Currently, some
banks like Regions Financial Corp. and First Horizon National Corp.
are looking very much like potential takeover targets. Shareholders
and investors can sign up today at
http://wallstreetequityresearch.com/September212010RegionsFinancialCorp.(RF)210910.php
or
http://wallstreetequityresearch.com/September212010FirstHorizonNationalCorp.(FHN)210910.php
to download the full reports on Regions Financial
Corp. and First Horizon National
Corp.
One piece of positive news within the banking industry are the
lower than expected capital holding requirements published by the
regulatory meeting in Basel, Switzerland. While these numbers have
yet to be adopted by G20 leaders, it is expected that many of the
banks that had been hoarding money in anticipation of a high
holding requirement should now become more active with a clearer
understanding of the regulations at hand. Visit us at
http://www.wallstreetequityresearch.com/ to understand the
catalysts and forces driving or affecting regional - Southeast
banks stocks.
About Wall Street Equity Research:
Wall Street Equity Research looks to bring simplicity and highly
sophisticated research to an ever-changing investing environment.
Wall Street Equity Research has been partnering with a number of
North American and Emerging Economies analysts to bring you the
best of both continents in terms of market analysis and analytical
opinions.
Contact Person: Edward D. Brooks
info@wallstreetequityresearch.com
Regions Financial (NYSE:RF)
Historical Stock Chart
From Jun 2024 to Jul 2024
Regions Financial (NYSE:RF)
Historical Stock Chart
From Jul 2023 to Jul 2024