Report
Eric Compton
EUR 101.80 For Business Accounts Only

We Prefer Banks With Individual Issues to Rate-Sensitive Names

We believe the time is right for investors to rotate away from rate-sensitive banks into the stocks of companies that depend less on slow macroeconomic changes and more on factors under their own control. We believe Wells Fargo will eventually benefit from both lower expenses and—perhaps surprisingly—more effective sales practices as a result of more thoughtful incentive programs. We think capital return at Citigroup will improve returns on equity. As the U.S. economy strengthens, concerns over ...
Underlying
Truist Financial Corporation

BB&T is a financial holding company. Through its bank subsidiary, Branch Banking and Trust Company, the company provides banking services to individuals, businesses and municipalities. The company provides loans and lease financing, including commercial and residential mortgages; permanent commercial real estate financing arrangements; loan servicing for third-party investors; direct consumer finance loans to individuals; credit card lending; automobile financing; and equipment financing. The company also provides other services, including deposits; discount and brokerage, annuities and mutual funds; life insurance, property and casualty insurance, health insurance and commercial general liability insurance.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Eric Compton

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