NEW YORK, March 20, 2017 /PRNewswire/ --
Featured this morning on Stock-Callers.com are four Regional Midwest Banks stocks, which are Huntington Bancshares Inc. (NASDAQ: HBAN), KeyCorp (NYSE: KEY), US Bancorp (NYSE: USB), and Fifth Third Bancorp (NASDAQ: FITB). These companies operate in the Financial Sector, which extended its declines in afternoon trade on Friday, March 17th, 2017, with the NYSE Financial Sector Index sinking about 0.5%, while financial companies in the S&P 500 Index declined almost 0.9%. Download the free research reports on these stocks today:
Columbus, Ohio headquartered Huntington Bancshares Inc.'s stock saw a drop of 1.36%, finishing last Friday's trading session at $13.73. A total volume of 26.07 million shares was traded, which was higher than their three months average volume of 10.00 million shares. The Company's shares have gained 6.05% over the previous three months and 4.46% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 0.27% and 23.23%, respectively. Additionally, shares of Huntington Bancshares, which operates as a holding company for The Huntington National Bank that provides commercial, small business, consumer, and mortgage banking services, have a Relative Strength Index (RSI) of 44.12.
On March 15th, 2017, Huntington Bancshares announced that its prime rate is increasing from 3.75% to 4.00%, effective March 16th, 2017. The rate was last changed on December 15th, 2016, when Huntington increased its prime rate from 3.50% to 3.75%. See our free and comprehensive research report on HBAN at:
Shares in Cleveland, Ohio headquartered KeyCorp ended at $18.35, down 0.65% from the last trading session. The stock recorded a trading volume of 19.00 million shares, which was above its three months average volume of 10.77 million shares. The Company's shares have advanced 1.61% in the previous three months and 0.89% since the start of this year. The stock is trading 24.88% above its 200-day moving average. Moreover, shares of KeyCorp, which operates as the bank holding company for KeyBank National Association that provides various retail and commercial banking services in the US, have an RSI of 44.40.
On March 15th, 2017, KeyCorp and its banking affiliates announced that they have raised their prime lending rate to 4.00% from 3.75%, effective March 16th, 2017. KEY free research report PDF is just a click away at:
On Friday, shares in Minneapolis, Minnesota headquartered US Bancorp recorded a trading volume of 7.07 million shares, which was higher than their three months average volume of 6.39 million shares. The stock declined 0.62%, closing the day at $54.69. The Company's shares have gained 6.29% in the previous three months and 6.46% on an YTD basis. The stock is trading 2.24% and 17.75% above its 50-day and 200-day moving averages, respectively. Additionally, shares of US Bancorp, which provides a range of financial services in the US, have an RSI of 53.96.
On March 15th, 2017, US Bancorp announced it has raised its prime lending rate to 4.00% from 3.75%, effective March 16th, 2017, at all US Bank locations. US Bancorp last announced a change in its prime lending rate on December 14th, 2016, when it was increased 25 basis points to 3.75%. US Bancorp had $446 billion in assets as of December 31st, 2016. Sign up for your complimentary report on USB at:
At the close of trading on Friday, shares in Cincinnati, Ohio headquartered Fifth Third Bancorp recorded a trading volume of 11.69 million shares, which was above their three months average volume of 5.88 million shares. The stock finished the session 1.13% lower at $26.35. The Company's shares are trading above their 200-day moving average by 17.27%. Furthermore, shares of Fifth Third Bancorp, which operates as a diversified financial services company in the US, have an RSI of 40.22.
On March 16th, 2017, Fifth Third Bancorp announced that it is scheduled to report Q1 2017 financial results on April 25th, 2017. The announcement will be available at http://www.53.com at approximately 6:30 AM ET. The Company will host a conference call at 9:00 AM ET to discuss results, which may be accessed through the Fifth Third Investor Relations website. Register for free on Stock-Callers.com and download the latest research report on FITB at:
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