26.07.2013 14:00:00

Financial Reports, Appointments, and Corporate Announcements of Financial Companies - Research Report on Goldman Sachs, Zions, BancorpSouth, Bank of Hawaii, and Commerce Bancshares

NEW YORK, July 26, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Analysts' Corner announced new research reports highlighting The Goldman Sachs Group, Inc. (NYSE: GS), Zions Bancorp. (NASDAQ: ZION), BancorpSouth, Inc. (NYSE: BXS), Bank of Hawaii Corporation (NYSE: BOH), and Commerce Bancshares, Inc. (NASDAQ: CBSH). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

The Goldman Sachs Group, Inc. Research Report

On July 17, 2013, The Goldman Sachs Group, Inc. (Goldman Sachs) announced that it has sold its majority equity interest in REDI- the technology provider for the leading REDIPlus Execution Management System (EMS), to an association of investors that include BofA Merrill Lynch, Barclays, BNP Paribas, Citadel and Lightyear Capital. Darren Cohen, Global Co-Head of Principal Strategic Investments at Goldman Sachs, said, "We are pleased to assemble an impressive consortium of market-leading participants to support the further growth of the REDI business and expand its reach to more clients, geographies and asset classes." According to the Company, post this sale REDI will become an independent financial technology company and the consortium of its investors will empower its business by providing expanded broker network, broad cross-asset capabilities, expansive global coverage and industry-leading customer service. The Full Research Report on The Goldman Sachs Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/6777_GS]

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Zions Bancorp. Research Report

On July 22, 2013, Zions Bancorp. (Zions) released its Q2 2013 financial results. Net earnings attributable to common shareholders stood at $55.4 million or $0.30 per diluted common share compared to $88.3 million or $0.48 per diluted share in Q1 2013 and of $55.2 million or $0.30 per diluted share in Q2 2012. According to Zion, net earnings for Q2 2013 includes after-tax debt extinguishment cost of $24.9 million associated with redemption of trust preferred securities and a tender offer for an expensive senior debt. Harris H. Simmons, Chairman and CEO, said, "We are pleased with the continued growth in loans this quarter, and with the progress that we made toward replacing expensive capital and financing issued during the recent crisis with significantly lower cost instruments. We look forward to continued progress on both fronts in the third quarter." The Full Research Report on Zions Bancorp - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/c6d3_ZION]

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BancorpSouth, Inc. Research Report

On July 22, 2013, BancorpSouth, Inc. (BancorpSouth) announced its Q2 2013 and H1 2013 financial results. For Q2 2013, the Company's net income increased to approximately $20.8 million or $0.22 per diluted share, compared to approximately $20.6 million or $0.22 per diluted share. For H1 2013, BancorpSouth reported net income of approximately $41.6million or $0.44 per diluted share, compared to $43.5 million or $0.47 per diluted share. Dan Rollins, CEO stated, "We are (also) pleased to report quarter-over-quarter loan growth for the first time in over three years." The Full Research Report on BancorpSouth, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/9752_BXS]

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Bank of Hawaii Corporation Research Report

On July 22, 2013, Bank of Hawaii Corporation (Bank of Hawaii) released its Q2 2013 financial results. Net income stood at $37.8 million or earnings of $0.85 per diluted share compared to $40.8 million or $0.90 per diluted share in Q2 2012. Peter Ho, Chairman, President and CEO of the Company, said, "Overall loan balances grew 3% from the same quarter last year as strong commercial, indirect automobile and certain other consumer loan growth was partially offset by refinance sensitive loan categories namely residential mortgage and home equity loans." He added, "Asset quality continued its trend of improvement in the quarter with lower levels of non-performing assets and a lower ratio of net charge offs to loans. Expenses remained controlled. The recent trend in higher interest rates should positively impact our operating earnings over time through improved net interest margin." The Full Research Report on Bank of Hawaii Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/2ccc_BOH]

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Commerce Bancshares, Inc. Research Report

On July 22, 2013, Commerce Bank, a subsidiary of Commerce Bancshares, Inc., announced that Darren Lemkau has been appointed as President and CEO of the Bank's Colorado Region, to manage local day-to-day operations and administration of Commerce Bank in the region. Jin Lewien, Chairman, Commerce Bank, Colorado Region, said, "I'm confident that Darren will help us continue the solid growth and momentum that we have achieved in Colorado, and that he will take us to new heights. Commerce Bank has grown 170% in Colorado during the past six years since Missouri-based Commerce Bank acquired Aurora-based Commerce Bank. Earnings in Colorado have grown 150% during that same period, in spite of a very deep recession that began in late 2008." The Full Research Report on Commerce Bancshares, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/d8f9_CBSH]

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    Aktien in diesem Artikel

    Bank of Hawaii Corp. 78,98 -1,71% Bank of Hawaii Corp.
    Commerce Bancshares Inc. 73,75 -0,18% Commerce Bancshares Inc.
    Goldman Sachs 576,00 -0,36% Goldman Sachs
    Zions Bancorporation 57,13 -0,73% Zions Bancorporation