Equity Research on Fulton Financial Corp. and State Street Corp. - Northeast Banks Improving
November 04 2011 - 8:10AM
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Northeast Banks industry and are offering free analytical research
on
Fulton Financial Corp. (NASDAQ: FULT) and
State Street Corp. (NYSE: STT). Register with
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Northeast regional banks have been trending higher in recent
weeks, but further concerns in Europe threaten to have a
trickle-down effect on the industry. Get your free reports on
Fulton Financial Corp. and State Street Corp. at
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Currently though, banks in the region continue to benefit from
favorable loan delinquency rates, better net interest income and
improved operating efficiency. Lower delinquency rates have allowed
banks to set aside less money for loan losses and improved
efficiency has eased pressure on margins.
Both State Street Corp. and Fulton Financial Corp. were helped
by improving credit trends and better operating efficiency. Fulton
recently reported provisions for loan losses of $31 million in its
most recent quarter, down from $40 million in the same quarter last
year. Fulton Financial Corp. report is
accessible for free by registering today at
http://www.shinesrooms.com/FultonFinancialCorp041111.pdf.
Conversely, State Street's managed to lower expenses during the
third quarter, and revenues climbed 5% over the prior year quarter.
Revenues did decline 2.5% from the second quarter though.
State Street Corp. report is accessible for
free by registering today at
http://www.shinesrooms.com/StateStreetCorp041111.pdf.
Moving forward, banks in the northeast have taken positive steps
towards widening margins, improving efficiency and providing
investors with greater stability. These banks are certainly
susceptible to market unrest and a fledgling macro-economy, but for
now they appear to be moving in the right direction.
The two Regional - Northeast Banks stocks
research reports are available for free by signing up now on
www.shinesrooms.com.
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