Financial Companies Announce Conference Schedules, Financial Results, and Quarterly Dividends - Research Report on Bank of America, Visa, Goldman Sachs, Amtrust Financial, and BofI Holding
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, November 8, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Bank of America Corporation (NYSE: BAC), Visa, Inc. (NYSE: V), The Goldman Sachs Group, Inc. (NYSE: GS), AmTrust Financial Services, Inc. (NASDAQ: AFSI), and BofI Holding Inc. (NASDAQ: BOFI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Bank of America Corporation Research Report
On November 5, 2013, Bank of America Corporation (Bank of America) announced that the Company's CEO, Brian Moynihan will welcome attendees to the Bank of America Merrill Lynch Banking and Financial Services Conference on Tuesday, November 12, 2013, at 8:00 a.m. ET in New York. Additionally, the Company stated that a live audio webcast of Mr. Moynihan's remarks at the Conference will be made accessible to interested parties through the Company's Investor Relations website. The Full Research Report on Bank of America Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/fb34_BAC]
--
Visa, Inc. Research Report
On October 30, 2013, Visa, Inc. (Visa) released its Q4 FY 2013 and full-year FY 2013 financial results (period ended September 30, 2013). Net income attributable to Visa was $1.2 billion or $1.85 per diluted Class A common share in Q4 FY 2013, compared to $1.7 billion or $2.47 per diluted Class A common share in Q4 FY 2012. The Company informed that its full-year FY 2013 net income attributable to Visa was $5 billion or $7.59 per diluted Class A common share, compared to $2.1 billion or $3.16 per diluted Class A common share in full-year FY 2012. Commenting on the results, Charlie Scharf, CEO of Visa, stated, "Visa delivered strong financial performance during the fourth quarter and full year across our global businesses, a reflection of solid revenue and transaction growth. We continued investing in high growth regions of the world, in products and technology to drive our performance, while maintaining disciplined expense control. We also have been consistent and decisive in returning excess cash to shareholders and maintain this commitment. Both the increase in our quarterly dividend payment by 21% to $0.40 per share and our new $5 billion share repurchase authorization reflects this and our continued confidence in our ability to grow our business over the long term globally." The Full Research Report on Visa, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/a563_V]
--
The Goldman Sachs Group, Inc. Research Report
On November 4, 2013, The Goldman Sachs Group, Inc. (Goldman Sachs) announced that its Chairman and CEO, Lloyd Blankfein, will represent the Company at the Bank of America Merrill Lynch 2013 Banking and Financial Services Conference on Tuesday, November 12, 2013, in New York City at 8:50 a.m. EST. According to the Company, a live audio webcast of the presentation will be available via the Investor Relations section on its website, wherein a replay of the same will also be archived after the completion of the call. The Full Research Report on The Goldman Sachs Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/6777_GS]
--
AmTrust Financial Services, Inc. Research Report
On November 5, 2013, AmTrust Financial Services, Inc. (AmTrust Financial) announced that its Board of Directors has approved a quarterly cash dividend of $0.14 per share of common stock. According to the Company, the dividend will be paid on January 15, 2014, to shareholders of record as of the close of business on January 2, 2014. Additionally, the Company informed that its Board of Directors has approved a cash dividend of c.$0.42 per preferred share on its 6.75% Non-cumulative preferred stock, payable on December 16, 2013 to shareholders of record as of the close of business on December 1, 2013. The Full Research Report on AmTrust Financial Services, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/e570_AFSI]
--
BofI Holding Inc. Research Report
On November 5, 2013, BofI Holding Inc. (BofI Holding) released its Q1 FY 2014 financial results (period ended September 30, 2013). The Company' net income went up by 35.5% YoY to $12.2 million in Q1 FY 2014. Net income attributable to common stockholders was $12.1 million or $0.85 per diluted share in Q1 FY 2014, compared to $8.9 million or $0.67 per diluted share in Q1 FY 2013. Commenting on the results, Greg Garrabrants, President and CEO of the Company, stated, "We are pleased to report record earnings for the seventh consecutive quarter and continued best-in-class earnings per share growth driven by margin expansion, asset growth and steady non-interest income. We recently crossed over the half a billion dollar mark in business deposits and, this quarter we completed our acquisition of approximately $173 million in deposits from Principal Bank including $142 million in checking, savings and money market accounts and $31 million in time deposit accounts, further bolstering our growing deposit base." The Full Research Report on BofI Holding Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/0060_BOFI]
----
EDITOR NOTES:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
- For any urgent concerns or inquiries, please contact us at [email protected].
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Namrata Maheshwari, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
AnalystsCorner.com
SOURCE Analysts' Corner
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article