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 January 11, 2012 - 8:20 AM EST
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Strong Earnings Season Expected From US Regional Banks
Strong Earnings Season Expected From US Regional Banks

NEW YORK, NY -- (Marketwire) -- 01/11/12 -- Regional Banks are on the upswing heading into earnings season as promising predictions from Credit Suisse has renewed investor confidence in the sector. In a research note, Credit Suisse analyst Craig Siegenthaler predicted that regional bank stocks would continue to outperform through earnings season and that loan growth would exceed investor expectations. Five Star Equities examines investing opportunities in the Regional Banking industry and provides equity research on Synovus Financial Corporation (NYSE: SNV) and Fifth Third Bancorp (NASDAQ: FITB). Access to the full company reports can be found at:

Earlier this week the Basel Committee on Banking Supervision's board announced that banks will be permitted to go below minimum liquidity levels during financial crises to avoid cash-flow difficulties, although they'll have to hold emergency stocks of easy-to-sell assets. The Basel Committee rejected industry lobbying for a delay from the 2015 start date or major changes to the measure, known as the "liquidity coverage ratio," which will require banks to hold buffers against a 30-day market crisis.

Bloomberg Businessweek reported that banks have argued that the rule may curtail loans by forcing them to hoard cash and buy government bonds.

Five Star Equities releases regular market updates on the Regional Banking industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous stock reports and industry newsletters.

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $115 billion in assets and operates 15 affiliates with 1,316 full-service Banking Centers. Earlier this month the company announced that it will be lending more money in 2012, as demand continues to pick up.

Last month Fifth Third declared a fourth quarter 2011 cash dividend on its common shares of $0.08. The cash dividend is payable on Friday, January 20, 2012 to shareholders of record as of Friday, December 30, 2011.

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Source: Marketwired (January 11, 2012 - 8:20 AM EST)

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