Analyst David A. George, CFA at Baird is coming out with a report today stating that Bank of America (NYSE: BAC ) is not getting enough credit for its Merril Lynch acquisition. Shares of Bank of America ( BAC ) are up $025 to $1613 per share 
Share:  <span class="sent">Analyst David A. George, CFA at Baird is coming out with a report today stating that Bank of America (NYSE: BAC ) is not getting enough credit for its Merril Lynch acquisition. </span> Shares of Bank of America ( BAC ) are up $025 to $1613 per share Tweet this 

About 72 percent of non accrual loans were commercial real estate and construction loans Commercial real estate and construction loans continue to cause issues for the company and credit remains the overriding issue at PrivateBancorp, analyst Arnold said "Although credit trends in the commercial real estate sector will continue to be uneven, the company currently anticipates a first quarter growth rate in non performing assets to be generally in line with the fourth quarter," PrivateBancorp said The company had $4369 million in total non performing assets as on Dec 31 "Commercial credit costs are unlikely to peak until late 2010, and visibility with respect to the degree of commercial credit deterioration remains poor at this time," David George of Robert W Baird said 
Share:  About 72 percent of non accrual loans were commercial real estate and construction loans Commercial real estate and construction loans continue to cause issues for the company and credit remains the overriding issue at <span class="company">PrivateBancorp</span>, analyst Arnold said "Although credit trends in the commercial real estate sector will continue to be uneven, the company currently anticipates a first quarter growth rate in non performing assets to be generally in line with the fourth quarter," <span class="company">PrivateBancorp</span> said The company had $4369 million in total non performing assets as on Dec 31<span class="sent"> "Commercial credit costs are unlikely to peak until late 2010, and visibility with respect to the degree of commercial credit deterioration remains poor at this time," <span class="analyst">David George</span> of Robert W Baird said</span>...About 72 percent of non accrual loans were commercial real estate and construction loans Commercial real estate and construction loans continue to cause issues for the company and credit remains the overriding issue at <span class="company">PrivateBancorp</span>, analyst Arnold said "Although credit trends in the commercial real estate sector will continue to be uneven, the company currently anticipates a first quarter growth rate in non performing assets to be generally in line with the fourth quarter," <span class="company">PrivateBancorp</span> said The company had $4369 million in total non performing assets as on Dec 31<span class="sent"> "Commercial credit cos Tweet this 

''Revenue and credit trends were better than expected, as the net interest margin expanded and nonperforming assets inflows appear to be moderating,'' said David George, an analyst with Robert W Baird & Co, in a note to investors ''We expect the market to like these numbers overall'' Shares of KeyCorp rose 38 cents, or 55 percent, to $734 The stock has climbed 10 of 13 trading days and has risen 32 percent so far this year, after falling 35 percent in 2009 Net interest margin, the difference between what KeyCorp pays on deposits and what it earns on loans and securities, widened to 304 percent from 28 percent in the third quarter Taxable equivalent net interest income climbed $38 million from the third quarter to $637 million 
Share:  <span class="sent">''Revenue and credit trends were better than expected, as the net interest margin expanded and nonperforming assets inflows appear to be moderating,'' said <span class="analyst">David George</span>, an analyst with Robert W Baird & Co, in a note to investors</span> ''We expect the market to like these numbers overall'' Shares of <span class="company">KeyCorp</span> rose 38 cents, or 55 percent, to $734 The stock has climbed 10 of 13 trading days and has risen 32 percent so far this year, after falling 35 percent in 2009 Net interest margin, the difference between what <span class="company">KeyCorp</span> pays on deposits and what it earns on loans and securities, widened to 304 percent from 28 percent in the third quarter Taxable equivalent net interest income climbed $38 million from the third quarter to $637 million...<span class="sent">''Revenue and credit trends were better than expected, as the net interest margin expanded and nonperforming assets inflows appear to be moderating,'' said <span class="analyst">David George</span>, an analyst with Robert W Baird & Co, in a note to investors</span> ''We expect the market to like these numbers overall'' Shares of <span class="company">KeyCorp</span> rose 38 cents, or 55 percent, to $734 The stock has climbed 10 of 13 trading days and has risen 32 percent so far this year, after falling 35 percent in 2009 Net interest margin, the difference between what <span class="company">KeyCorp</span> pays on deposits and what it earns on loans and securities, widened to 304 percent from 28 percent in the third quarte Tweet this 

But there are positive signs" In a research note Wednesday, Robert W Baird & Co bank analyst David A George characterized M&I's results as "a mixed quarter" as credit costs remained elevated but were partially offset by an expansion of the net interest margin He, too, noted "encouraging" credit trends M&I paid $252 million in dividends to the US Treasury in the quarter in connection with the federal government's $17 billion investment in the company through the Troubled Asset Relief Program, or TARP For the year, M&I paid $1002 million in TARP dividends to the government 
Share:  <span class="sent">But there are positive signs" In a research note Wednesday, Robert W Baird & Co bank analyst David A George characterized <span class="company">M&I</span>'s results as "a mixed quarter" as credit costs remained elevated but were partially offset by an expansion of the net interest margin</span> He, too, noted "encouraging" credit trends <span class="company">M&I</span> paid $252 million in dividends to the US Treasury in the quarter in connection with the federal government's $17 billion investment in the company through the Troubled Asset Relief Program, or TARP For the year, <span class="company">M&I</span> paid $1002 million in TARP dividends to the government Tweet this 

But there are positive signs" In a research note Wednesday, Robert W Baird & Co bank analyst David A George characterized M&I's results as "a mixed quarter" as credit costs remained elevated but were partially offset by an expansion of the net interest margin He, too, noted "encouraging" credit trends M&I paid $252 million in dividends to the US Treasury in the quarter in connection with the federal government's $17 billion investment in the company through the Troubled Asset Relief Program, or TARP For the year, M&I paid $1002 million in TARP dividends to the government 
Share:  <span class="sent">But there are positive signs" In a research note Wednesday, Robert W Baird & Co bank analyst David A George characterized <span class="company">M&I</span>'s results as "a mixed quarter" as credit costs remained elevated but were partially offset by an expansion of the net interest margin</span> He, too, noted "encouraging" credit trends <span class="company">M&I</span> paid $252 million in dividends to the US Treasury in the quarter in connection with the federal government's $17 billion investment in the company through the Troubled Asset Relief Program, or TARP For the year, <span class="company">M&I</span> paid $1002 million in TARP dividends to the government Tweet this 

In addition to spinning off the processing unit, the bank issued $1 billion in new common shares to redeem outstanding preferred shares and also sold its $206 million stake in Visa The stock's nearly 35 percent tear over the last quarter was cited by Robert W Baird & Co analyst David George in St Louis for downgrading the stock this month "Fifth Third is a tougher stock to buy following the recent rally," he wrote in a Jan 15 note to investors 
Share:  In addition to spinning off the processing unit, the bank issued $1 billion in new common shares to redeem outstanding preferred shares and also sold its $206 million stake in Visa <span class="sent">The stock's nearly 35 percent tear over the last quarter was cited by Robert W Baird & Co analyst <span class="analyst">David George</span> in St Louis for downgrading the stock this month </span>"Fifth Third is a tougher stock to buy following the recent rally," he wrote in a Jan 15 note to investors Tweet this 

An analyst on Friday downgraded his rating of Fifth Third Bancorp to "Neutral" from "Outperform," saying a more than 30 percent rise in the company's stock price over the last three months has left shares fairly priced. The recent gains have made Fifth Third a "tougher stock to buy," analyst David George of Robert W Baird & Co wrote in a research note Closing at $1177 on Thursday, shares of the Cincinnati based bank are up 33 percent since Oct 28 That's far ahead of the 10 percent rise for the Standard & Poor's 500, a broad market index 
Share:  An analyst on Friday downgraded his rating of <span class="company">Fifth</span> Third Bancorp to "Neutral" from "Outperform," saying a more than 30 percent rise in the company's stock price over the last three months has left shares fairly priced. <span class="sent"> The recent gains have made <span class="company">Fifth</span> Third a "tougher stock to buy," analyst <span class="analyst">David George</span> of Robert W Baird & Co wrote in a research note</span> Closing at $1177 on Thursday, shares of the Cincinnati based bank are up 33 percent since Oct 28 That's far ahead of the 10 percent rise for the Standard & Poor's 500, a broad market index...An analyst on Friday downgraded his rating of <span class="company">Fifth</span> Third Bancorp to "Neutral" from "Outperform," saying a more than 30 percent rise in the company's stock price over the last three months has left shares fairly priced. <span class="sent"> The recent gains have made <span class="company">Fifth</span> Third a "tougher stock to buy," analyst <span class="analyst">David George</span> of Robert W Baird & Co wrote in a research note</span> Closing at $1177 on Thursday, shares of the Cincinnati based bank are up 33 percent since Oct 28 That's far ahead of the 10 percent rise for the Standard & Poor's 500, a broad market index Tweet this 

This swap offer was aimed largely at individual shareholders, whose response rate is usually lower than institutions David George, a banking analyst with Robert W Baird and Co in St Louis, said Zions didn't expect Advertisement a bigger response from shareholders "My sense of things was this seemed to be in the ballpark of their expectations," George said "It could have been a little higher (but) it amounts to additional common equity at what ends up being an attractive price" 
Share:  This swap offer was aimed largely at individual shareholders, whose response rate is usually lower than institutions<span class="sent"> <span class="analyst">David George</span>, a banking analyst with Robert W Baird and Co in St Louis, said <span class="company">Zions</span> didn't expect Advertisement a bigger response from shareholders</span> "My sense of things was this seemed to be in the ballpark of their expectations," George said "It could have been a little higher (but) it amounts to additional common equity at what ends up being an attractive price"...This swap offer was aimed largely at individual shareholders, whose response rate is usually lower than institutions<span class="sent"> <span class="analyst">David George</span>, a banking analyst with Robert W Baird and Co in St Louis, said <span class="company">Zions</span> didn't expect Advertisement a bigger response from shareholders</span> "My sense of things was this seemed to be in the ballpark of their expectations," George said "It could have been a little higher (but) it amounts to additional common equity at what ends up being an attractive price" Tweet this 

So how will the back repay the remaining $9.95 billion? "It will be repaid from surplus liquidity at the company," said Mary Eshet, a Wells Fargo spokeswoman. When will Wells Fargo pay back the rest of the TARP cash? "Upon successful completion of the equity offering, we would then move forward with the TARP repayments," Eshet said. The repayment of TARP is a major factor behind the bright outlook for Wells Fargo that was outlined in a research note by David George, an analyst with Robert W. Baird & Co. "This is a big positive for the Wells Fargo story, as it removes an overhand on the stock," George said.  
Share:  So how will the back repay the remaining $9.95 billion? "It will be repaid from surplus liquidity at the company," said Mary Eshet, a <span class="company">Wells Fargo</span> spokeswoman. When will <span class="company">Wells Fargo</span> pay back the rest of the TARP cash? "Upon successful completion of the equity offering, we would then move forward with the TARP repayments," Eshet said. <span class="sent"> The repayment of TARP is a major factor behind the bright outlook for <span class="company">Wells Fargo</span> that was outlined in a research note by <span class="analyst">David George</span>, an analyst with Robert W. Baird & Co. "This is a big positive for the <span class="company">Wells Fargo</span> story, as it removes an overhand on the stock," George said. </span>...So how will the back repay the remaining $9.95 billion? "It will be repaid from surplus liquidity at the company," said Mary Eshet, a <span class="company">Wells Fargo</span> spokeswoman. When will <span class="company">Wells Fargo</span> pay back the rest of the TARP cash? "Upon successful completion of the equity offering, we would then move forward with the TARP repayments," Eshet said. <span class="sent"> The repayment of TARP is a major factor behind the bright outlook for <span class="company">Wells Fargo</span> that was outlined in a research note by <span class="analyst">David George</span>, an analyst with Robert W. Baird & Co. "This is a big positive for the <span class="company">Wells Fargo</span> story, as it removes an overhand on the stock," George said. </span Tweet this 

The analyst kept his 12 month price target of $26. RW Baird upgrades to outperform from neutral; raises price target U.S. Bancorp's stock price makes it an attractive buy for investors, RW Baird analyst David George said on Nov. 30 as he upgraded the shares to the firm's highest investment rating. George also boosted his stock price target by $4 to $29. U.S. Bancorp shares have slipped 10% since mid October. "USB shares trade at what we view as a deserved premium to other banks on our estimates of normalized earnings," George wrote in a note to investors. 
Share:  The analyst kept his 12 month price target of $26. <span class="sent"> RW Baird upgrades to outperform from neutral; raises price target <span class="company">U.S. Bancorp's</span> stock price makes it an attractive buy for investors, RW Baird analyst <span class="analyst">David George</span> said on Nov. 30 as he upgraded the shares to the firm's highest investment rating. </span> George also boosted his stock price target by $4 to $29. U.S. Bancorp shares have slipped 10% since mid October. "USB shares trade at what we view as a deserved premium to other banks on our estimates of normalized earnings," George wrote in a note to investors. ...The analyst kept his 12 month price target of $26. <span class="sent"> RW Baird upgrades to outperform from neutral; raises price target <span class="company">U.S. Bancorp's</span> stock price makes it an attractive buy for investors, RW Baird analyst <span class="analyst">David George</span> said on Nov. 30 as he upgraded the shares to the firm's highest investment rating. </span> George also boosted his stock price target by $4 to $29. U.S. Bancorp shares have slipped 10% since mid October. "USB shares trade at what we view as a deserved premium to other banks on our estimates of normalized earnings," George wrote in a note to investors. Tweet this