SDI Productions Shares of Western Alliance Bancorporation (NYSE:WAL) have recovered strongly from their banking crisis lows of a year ago, up about 69%. Shares though did fall about 1% on Thursday after-hours in the wake of its Q1 earnings report, likely in part due to some profit taking. Since recommending shares as a buy in…
Fly View Productions We continue our Q4 earnings coverage of regional banks today with another sizable firm in M&T Bank Corporation (NYSE:MTB). The stock from a valuation perspective is relatively attractive, and offers investors a 4% yield with a growing dividend to wait for operational performance to improve. We believe that at first, rate cuts…
PhonlamaiPhoto There has been something of a lithium gold rush happening. As the price of lithium has been through a massive spike collapse in the last three years, many lithium explorers have come onto the scene. There are now many companies looking for lithium. A few of the geographical hotspots are Quebec Canada, Western Australia,…
HABesen/iStock Editorial via Getty Images Shares of State Street (NYSE:STT) rallied a bit on Wednesday after reporting better-than-expected earnings. While shares are 7% higher over the past year, they remain more than 20% below their early 2023 highs before the collapse of Silicon Valley Bank. With a single-digit earnings multiple and 4% dividend yield, shares…
TasfotoNL ABN AMRO (OTCPK:AAVMY) is a major Dutch bank. Like its Dutch counterparts, the story for ABN AMRO is that the lending portfolio still drives results. Profits were strong as reserves were released around COVID-10 and other economic overhang, and in the underlying business there was also strength owed to a low deposit beta from…
In addition to the JPM Coin, JPMorgan is now developing another blockchain asset that will function as a deposit token for cross-border transactions. Multinational bank and financial services giant JPMorgan (NYSE: JPM) is developing a blockchain deposit token to smoothen cross-border payments and settlements. According to a person familiar with the project, JPMorgan will use a digital…