SOURCE: StockCall

StockCall

February 07, 2011 08:04 ET

Equity Research on Huntington Bancshares Inc. and Fifth Third Bancorp -- Regional - Midwest Banks Sector Seeing Improved Charge-Offs

JOHANNESBURG, SOUTH AFRICA--(Marketwire - February 7, 2011) - www.stockcall.com/ offers investors comprehensive research on the regional - Midwest banks industry and has completed analytical research on Huntington Bancshares Inc. (NASDAQ: HBAN) and Fifth Third Bancorp (NASDAQ: FITB). Register with us today at www.stockcall.com/ to have free access to these researches. 

While some banks within the sector are still struggling with their exposure to home equity loans, the general trend throughout the sector is that of improving delinquencies and charge-offs. Some U.S. banks have been releasing loan-loss provisions into earnings now that default rates widely declined in both November and December compared with 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 Huntington Bancshares Inc. and Fifth Third Bancorp; investors and shareholders of these companies can simply register for a complimentary membership at https://stockcall.com/development/stockcall/page.php?name=register.html

Also encouraging for the sector is the increasing percent of recoveries banks are seeing on their charge-offs. Huntington Bancshares Inc. saw 16% of its charge-offs come back as recoveries in Q4. Huntington Bancshares Inc. research report is accessible for free by registering today at www.stockcall.com/HBAN070211.pdf

These strong profits have motivated some companies within the sector to pay back their Troubled Asset Relief Program debts to the federal government. After plummeting defaulted loans and surging revenue at Fifth Third Bancorp helped the company realize $270 million in Q4 profit attributable to common shareholders compared to a $160 million Q4 loss last year, the company also recently paid back its TARP loan of $3.4 billion. Fifth Third Bancorp research report is available for free by signing up now at www.stockcall.com/FITB070211.pdf.

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.

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