SOURCE: StockCall

StockCall

September 02, 2010 09:33 ET

Equity Research on Citizens Republic Bancorp and Comerica -- Underneath the Profits

JOHANNESBURG, SOUTH AFRICA--(Marketwire - September 2, 2010) -  www.stockcall.com/ offers investors comprehensive research on the regional - Midwest banks industry and has completed analytical research on Citizens Republic Bancorp Inc. (NASDAQ: CRBC) and Comerica Incorporated (NYSE: CMA). Register with us today at www.stockcall.com/ to have free access to these researches. 

Mid-West banks dropped 8 percent last month as the brunt of the failing economy continues to take its toll on the industry. Bank closures in the U.S. remain high and are threatening to top the 140 closures seen last year. Register now at https://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the regional - Midwest banks industry.

www.stockcall.com/ is an online platform where investors doing their due-diligence on the regional - Midwest banks industry can have easy and free access to our analyst research and opinions on Citizens Republic Bancorp Inc. and Comerica Incorporated; investors and shareholders of these companies can simply register for a complimentary membership at https://stockcall.com/development/stockcall/page.php?name=register.html

While the recovery of large banks has been somewhat positive this year, smaller banks continue to struggle. The recent report of higher unemployment levels has hurt the industry. A sharp drop in the number of homes sales in the area has also been a detriment to Mid-West banks. July home sales figures plunged 35 percent, signaling a tough road ahead for the banks. Visit www.stockcall.com/ to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

Although the outlook for Mid-West banks is bleak, some are managing to post positive figures. Banks that are targeting the resolution of delinquent loans are having some success. A shift from home loans to other banking operations is seen as a possible solution to remaining in business during the economic down turn.

For the second quarter of this year, Midwest Bank Citizens Republic Bancorp Inc. saw a net loss of $44.5 million, whilst Comerica Incorporated posted a profit of $69 million on the back of good old-fashion deposits and loans. Citizens Republic Bancorp Inc. and Comerica Incorporated research reports are accessible for free by registering today at www.stockcall.com/CRBC020910.pdf or www.stockcall.com/CMA020910.pdf.

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