Regional Banks Equities Update - SunTrust Banks, Synovus Financial, First Republic Bank, TCF Financial, and FirstMerit

LONDON, October 27, 2014 /PRNewswire/ --

Investor-Edge has initiated coverage on the following equities: SunTrust Banks Inc. (NYSE: STI), Synovus Financial Corporation (NYSE: SNV), First Republic Bank (NYSE: FRC), TCF Financial Corporation (NYSE: TCB), and FirstMerit Corporation (NASDAQ: FMER). Free research on these five companies can be accessed at: http://investor-edge.com/register. On Friday, October 24, 2014, the NASDAQ Composite ended at 4,483.72, up 0.69%, the Dow Jones Industrial Average advanced 0.76%, to finish the day at 16,805.41, and the S&P 500 closed at 1,964.58, up 0.71%. The gains were broad based as eight out of ten sectors ended the session in positive. The S&P 500 Financials Sector Index ended the day at 311.13, up 0.91%, with the index also advancing 0.98% in the previous three trading sessions. Register for your complimentary reports on these five stocks at:  

http://investor-edge.com/register

SunTrust Banks Inc.'s stock edged 0.86% higher, to close the day at $37.41. The stock recorded a trading volume of 2.65 million shares, below its three months average volume of 3.41 million shares. The stock oscillated between $36.98 and $37.45 during the session. Over the last three trading sessions and since the start of this year, SunTrust Banks Inc.'s shares have gained 0.67% and 1.63%, respectively. However, the stock has declined 2.53% in the last one month. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $38.47 is above its 50-day moving average of $37.85. Additionally, SunTrust Banks Inc. traded at a PE ratio of 11.00 and has a Relative Strength Index (RSI) of 52.50. Sign up and read the free notes on STI at:

www.Investor-Edge.com/STI-27Oct2014

On Friday, shares in Synovus Financial Corp. recorded a trading volume of 1.85 million shares, higher than its three months average volume of 1.39 million shares. The stock ended the day at $24.41, which was 2.13% above its previous day's closing of $23.90, and registered an intraday range of $23.85 and $24.44. Shares of the company traded at a PE ratio of 17.35. Synovus Financial Corp.'s shares have advanced 1.50% in the previous three trading sessions and 1.96% in the last one month. However, the stock has lost 3.13% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $23.93 and $23.79, respectively. Furthermore, shares of Synovus Financial Corp. have an RSI of 59.48. The complimentary notes on SNV can be downloaded as in PDF format at:

www.Investor-Edge.com/SNV-27Oct2014

First Republic Bank's stock gained 1.06%, to close Friday's session at $47.58, after oscillating between $47.13 and $47.64. The stock recorded a trading volume of 0.62 million shares, below its three months average volume of 1.18 million shares. Over the last three trading sessions and the previous three months, First Republic Bank's shares have advanced 0.15% and 0.55%, respectively. However, from the beginning of 2014, the stock has declined 9.11%. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $50.72 is above its 50-day moving average of $48.40. Further, First Republic Bank's stock traded at a PE ratio of 15.35 and has an RSI of 47.91. Register for free on Investor-Edge and access the latest research on FRC at:

www.Investor-Edge.com/FRC-27Oct2014

TCF Financial Corp.'s stock finished Friday's session 3.48% lower at $14.68. A total of 2.86 million shares were traded, which was above its three months average volume of 1.06 million shares. The stock moved between $14.53 and $15.30 during the session. TCF Financial Corp.'s shares have lost 2.85% in the previous three trading sessions and 6.68% in the last one month. Additionally, from the beginning of 2014, the stock has declined 9.66%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $15.98 is greater than its 50-day moving average of $15.60. TCF Financial Corp.'s stock traded at a PE ratio of 13.69 and has an RSI of 40.23. The complete research on TCB is available for free at:

www.Investor-Edge.com/TCB-27Oct2014

On Friday, shares in FirstMerit Corp. fluctuated between $17.20 and $17.44 before ending the session 0.20% lower at $17.28. The stock reported a trading volume of 0.61 million shares, below its three months average volume of 1.24 million shares. Shares of the company traded at a PE ratio of 12.76. FirstMerit Corp.'s shares have declined 0.17% in the previous three trading sessions, 1.20% in the last one month and 22.27% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $17.47 and $19.27, respectively. Moreover, shares of FirstMerit Corp. have an RSI of 50.35. Free in depth research on FMER is available at:

www.Investor-Edge.com/FMER-27Oct2014

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