What's Happening With These Banking Stocks? -- Home Bancshares, Bank of America, ICICI Bank, and Toronto-Dominion Bank

NEW YORK, Dec. 14, 2017 /PRNewswire/ --

In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on HOMB, BAC, IBN, and TD which is a click away at www.wallstequities.com/registration. In today's pre-market research, WallStEquities.com observes the following stocks: Home Bancshares Inc. (NASDAQ: HOMB), Bank of America Corp. (NYSE: BAC), ICICI Bank Ltd (NYSE: IBN), and The Toronto-Dominion Bank (NYSE: TD). Companies in the Money Center Banks space get their trade from corporations, other banks, and governments. Although a money center bank does not conduct any lending or borrowing transactions with the individual customer, it still possesses characteristics of a regular or common bank. See what Wall St. Equities' research desk has to say about these stocks, join our members and enjoy of your free research reports at: www.wallstequities.com/registration

Home Bancshares

On Wednesday, shares in Conway, Arkansas headquartered Home Bancshares Inc. climbed 1.06%, ending the day at $22.79. The stock recorded a trading volume of 1.41 million shares, which was above its three months average volume of 1.35 million shares. The Company's shares have advanced 5.56% in the last one month and 2.11% over the previous three months. The stock is trading below its 50-day moving average by 2.36%. Moreover, shares of Home Bancshares, which operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities, have a Relative Strength Index (RSI) of 46.11. Looking for insightful coverage on HOMB? Sign up for free at: www.wallstequities.com/registration/?symbol=HOMB

Bank of America

Shares in Charlotte, North Carolina-based Bank of America Corp. saw a correction of 1.64%, ending the day at $28.84. The stock recorded a trading volume of 78.47 million shares, which was above its three months average volume of 68.12 million shares. The Company's shares have advanced 9.24% in the last one month, 18.98% over the previous three months, and 30.50% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 6.23% and 16.69%, respectively. Moreover, shares of the Company, which through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide, have a Relative Strength Index (RSI) of 63.72.  

On November 30^th, 2017, research firm Morgan Stanley reiterated its 'Overweight' rating on the Company's stock with an increase of the target price from $28 a share to $30 a share.

On December 05^th, 2017, Bank of America announced plans to repurchase an additional $5 billion in common stock by June 30^th, 2018. The Company previously announced plans on June 28^th, 2017 to repurchase $12 billion in common stock from July 01^st, 2017 through June 30^th, 2018, plus repurchases to offset shares awarded under equity-based compensation plans during the same period, estimated to be approximately $0.9 billion. The Board of Directors approved the additional repurchases. Today's complimentary research report on BAC is accessible at: www.wallstequities.com/registration/?symbol=BAC

ICICI Bank

At the close of trading on Wednesday, shares in Mumbai, India-based ICICI Bank Ltd finished 1.77% lower at $9.43 with a total trading volume of 7.77 million shares. The stock has advanced 3.17% over the previous three months and 38.49% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 3.47% and 7.82%, respectively. Additionally, shares of ICICI Bank, which together with its subsidiaries, provides banking and financial services in India and internationally, have an RSI of 50.01. Register now for your free research document on IBN at: www.wallstequities.com/registration/?symbol=IBN

Toronto-Dominion Bank

Toronto, Canada headquartered The Toronto-Dominion Bank's shares recorded a trading volume of 1.04 million shares at the end of yesterday's session. The stock closed the day 0.27% lower at $56.42. The Company's shares have advanced 2.15% in the previous three months and 14.35% on an YTD basis. The stock is trading above its 200-day moving average by 8.36%. Additionally, shares of Toronto-Dominion, which together with its subsidiaries, provides various personal and commercial banking products and services in Canada, the US, and internationally, have an RSI of 40.02.  

On November 30^th, 2017, TD Bank Group, or Toronto-Dominion, announced that a dividend in an amount of $0.60 cents per fully paid common share in the capital stock of the Bank has been declared for the quarter ending January 31^st, 2018, payable on and after January 31^st, 2018, to shareholders of record at the close of business on January 10^th, 2018. Click on the link below and see our free report TD at: www.wallstequities.com/registration/?symbol=TD

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