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Fly News Breaks for September 28, 2017
LTXB, UMPQ, SNV
Sep 28, 2017 | 08:14 EDT
SunTrust analyst Jennifer H. Demba,is upbeat on the outlook of Synovus (SNV), Umpqua Holdings (UMPQ), and LegacyTexas Financial (LTXB) heading into their Q3 results. The analyst expects Synovus to provide additional details about the gain from its Cabela's deal, and she predicts that it will benefit from NIM expansion and continued efficiency efforts." The analyst predicts that Umpqua will report "strong loan growth," and she thinks that investors will become more confident in LegacyTexas Financial due to improvements in its credit quality "and continued steady growth." Demba keeps Outperform ratings on all the stocks named.
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