BANC
NYSE · Banking
Banc Of California Inc
$18.73
-0.27 (-1.42%)
BANC News25 articles
Huntington Bancshares Falls on Weak Interest Income, Merger Doubts
Huntington Bancshares shares fell 1.1% after net interest income missed expectations, leading to a Bank of America downgrade and raising questions about merger benefits.
Huntington Bancshares Declines 4.9% as Rising Deposit Costs Pressure Margins
Huntington Bancshares (NASDAQ:HBAN) shares dropped 4.9% this week as rising deposit costs and a declining net interest margin overshadowed solid fee income growth.
Huntington Bancshares Slips 5% on Deposit Cost Pressure Despite Strong Organic Growth
Huntington Bancshares shares dropped 5.1% on Thursday as rising deposit costs and a declining net interest margin overshadowed strong organic deposit growth.
Huntington Bancshares Q2 Preview: Deal-Driven Growth Meets EPS Expectations
Huntington Bancshares (HBAN) closes up 0.6% ahead of Q2 earnings, with analysts eyeing deal-driven EPS growth amid integration costs and margin pressures.
Nu Holdings Acquires Banco Porto Real for Brazilian Banking License
Nu Holdings acquires Banco Porto Real for a Brazilian banking license. The deal is regulatory, not expansionary, with minimal financial impact.
Zions Bancorporation Q2 Earnings Beat Estimates, But Equity Gains Skew Profit Picture
Zions Bancorporation (ZION) posted Q2 EPS of $3.05, driven by $1.31 in equity gains from Visa and small-business investments. Core EPS rose 10% to $1.74, beating analyst estimates. Shares slipped 2.5% in after-hours trading.
Apple's $250 Target from KeyBanc Suggests $955B Market Cap Gap
Apple shares rose 9% in July but remain $955B below KeyBanc's $250 target. Analysts see risks from slower upgrades and higher costs.
AMD Stock Surges as KeyBanc Targets $725, Betting on AI GPU Boom
KeyBanc lifted AMD's price target to $725, forecasting AI GPU revenue to hit $48.5B by 2027. AMD shares rose 3.9% as analysts pile on bullish calls.
Alphabet's $55B Quarterly Capex Could Fuel 25% Stock Upside, KeyBanc Says
KeyBanc sets a $445 price target on Alphabet, implying 25% upside, but the company must sustain $55B quarterly capex to fuel AI and cloud growth.
KeyBanc Downgrades Salesforce on AI Growth Concerns
KeyBanc downgraded Salesforce to sector weight from overweight, noting slower Agentforce adoption. Shares fell 3.8% premarket as AI growth concerns persist.
Cisco Shares Slide 4.5% as FTSE Russell Rebalancing Weighs, KeyBanc Lifts Target
Cisco shares dropped 4.5% on Friday amid FTSE Russell's reconstitution, wiping out $21 billion in market value. KeyBanc raised its price target to $130, but AI revenue remains a small portion of total sales.
Marvell Technology Set to Join S&P 500 After Strong Rally and KeyBanc Upgrade
Marvell Technology (MRVL) jumps 7.27% to $310.58 ahead of its S&P 500 entry on June 22, boosted by a KeyBanc upgrade to $385 and news of over five million photonic ICs shipped for AI data centers.
KeyBanc Upgrades Rocket Lab, Firefly After SpaceX IPO Selloff
KeyBanc upgraded Rocket Lab and Firefly Aerospace after a SpaceX IPO selloff, sending shares up 4.3%.
Rocket Lab Rebounds on KeyBanc Upgrade Ahead of Nasdaq-100 Inclusion
Rocket Lab shares rebound 6% premarket after KeyBanc upgrade to Overweight, ahead of Nasdaq-100 inclusion on June 22. Strong Q1 earnings and backlog support the bullish call.
Itaú Unibanco Rises on Capital Boost, Rate Decision Looms
Itaú Unibanco shares rose after a R$3 billion perpetual bond issuance to strengthen capital, as traders eye Brazil's rate decision following higher-than-expected May inflation.
Fifth Third Bancorp Makes Historic NYSE Debut After Nasdaq Exit
Fifth Third Bancorp shares started trading on NYSE on June 12, completing the biggest bank transfer in exchange history. The stock rose 1.35% to $54.14.
Itaú Unibanco Shares Surge on $3 Billion Capital Boost Plan
Itaú Unibanco shares climbed on Thursday after the bank unveiled a R$3 billion perpetual subordinated bill issue, boosting its Tier 1 capital ratio by 19 basis points.
Huntington Bancshares Surges on Heavy Volume, Regional Banking Outlook Brightens
Huntington Bancshares jumped 1.49% on double-average volume, outperforming regional peers. Q1 net income hit $523M, adjusted EPS 37¢, and Cadence Bank integration wraps in Q2. Management to present at Morgan Stanley June 9.
ServiceNow's $30B AI Revenue Goal Faces KeyBanc Skepticism
KeyBanc stays bearish on ServiceNow even after the company projected over $30 billion in subscription revenue by 2030, flagging slowing bookings growth.
Old National Bancorp Buybacks Signal Confidence Amid Comerica Stake Hike
Comerica Bank boosted its Old National Bancorp stake by 27.8% in Q4. ONB posted Q1 net income of $229.6M and repurchased 3.9M shares.
Huntington Bancshares Reaffirms 2026 Outlook Amid Stock Consolidation
Huntington Bancshares shares stabilized around $15.50 as management confirmed its 2026 financial guidance and projected $550 million in stock buybacks for that year, while anticipating significant cost savings from recent acquisitions.
Itaú Unibanco to Distribute Fractional Share Sale Proceeds on March 10
Itaú Unibanco will pay shareholders proceeds from a recent fractional share sale on March 10. The sale involved bundled shares auctioned on Brazil's B3 exchange.
Walmart Gains as KeyBanc Boosts Target Ahead of Q4 Report
Walmart shares advanced Friday following a price target increase from KeyBanc Capital Markets. The retailer is set to report fourth-quarter results on February 19.
Huntington Bancshares Shares Rebound on 2027 EPS Outlook and Merger Synergy Details
Huntington Bancshares stock rose 0.5% Wednesday, recovering from a prior sell-off, as investors assessed its 2027 EPS target of $1.90-$1.93 and $435M in projected annual cost synergies from recent acquisitions.
Spotify Shares Dip Ahead of Q4 Report as KeyBanc Trims Target
Spotify shares declined 0.7% to $419.53 after KeyBanc reduced its price target to $720, citing currency pressures. Investors are cautious before Tuesday's quarterly earnings release.