Financial Results, New Programs, Appointments and Promotions - Research Report on U.S. Bancorp, Fifth Third Bank, Huntington Bancshares, Brookfield and BankUnited PR Newswire NEW YORK, July 22, 2013 NEW YORK, July 22, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. Today, Analysts' Corner announced new research reports highlighting U.S. Bancorp (NYSE: USB), Fifth Third Bancorp (NASDAQ: FITB), Huntington Bancshares Incorporated (NASDAQ: HBAN), Brookfield Asset Management Inc. (NYSE: BAM) and BankUnited, Inc. (NYSE: BKU). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. U.S. Bancorp Research Report On July 17, 2013, U.S. Bancorp (U.S. Bancorp) released its Q2 2013 results. The Company posted net income of $1.5 billion or $0.76 per diluted common share in Q2 2013, compared to $1.4 billion or $0.71 per diluted common share in Q2 2012. According to the Company, earnings for the quarter were driven by a year-over-year reduction in noninterest expense and a lower provision for credit losses. Commenting on the results, U.S. Bancorp Chairman, President and Chief Executive Officer Richard K. Davis stated, "Our Company earned record net income of $1,484 million in the second quarter, or $.76 per diluted common share. In addition, we achieved profitability metrics that remain among the very best in our industry, including a return on average assets of 1.70 percent, return on average common equity of 16.1 percent and an efficiency ratio of 51.7 percent. I take great pride in our Company's ability to attain these record results, particularly given the current slow, albeit steady, growth we have seen in the markets we serve." The Full Research Report on U.S. Bancorp - 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/67a1_USB] -- Fifth Third Bancorp Research Report On July 9, 2013, Fifth Third Bancorp (Fifth Third Bank) announced that along with NextJob, the Company has created a program to help Bank customers find jobs. According to the Company, the Job Seeker's Toolkit is a web-based, multi-media program that facilitates interactive learning through nine job search modules. Commenting on the program, Steven Alonso, Executive Vice President and Head of the Consumer Bank, Fifth Third Bancorp said, "Our relationship with NextJob continues to provide unique benefits for our customers. Our homeowner reemployment initiative is an outreach effort to distressed mortgage borrowers to help them find their next career and avoid foreclosure. Now, this phase II effort enables us to offer a key component of that homeowner reemployment program-the online job search assistance-to a much broader audience, and therefore, help more people gain financial security." The Full Research Report on Fifth Third Bancorp - 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/8d06_FITB] -- Huntington Bancshares Incorporated Research Report On July 9, 2013, Huntington Bancshares Incorporated (Huntington Bancshares) announced that it has appointed Harry Farver as the Company's Chief Internal Auditor. The Company reported that Farver will report directly to the audit committee of the Huntington Board of Directors and will continue to direct internal audit functions and interface with the Board and the Bank's executive leadership team on audit and control matters. Commenting on the appointment, Stephen D. Steinour, Chairman, CEO and President of the Company said, "Harry has the leadership skills, depth of experience and knowledge of banking needed as Huntington continues to grow. As interim chief auditor, Harry quickly proved his ability to lead auditing in a large and multi-faceted organization, while also effectively managing risk." The Full Research Report on Huntington Bancshares Incorporated - 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/25d4_HBAN] -- Brookfield Asset Management Inc. Research Report On July 8, 2013, Brookfield Asset Management Inc. (Brookfield) announced that it has appointed Mr. Kim G. Redding to the position of Chief Investment Strategist. The Company informed that Mr. Redding will advise on Brookfield's global investment strategies across its more than $175 billion portfolio of assets under management, represent the Company's expertise and capabilities to the global marketplace as well as guide the Company's thought leadership initiatives related to Real Asset investment and operations. Bruce Flatt, Brookfield's Chief Executive Officer, stated, "We are pleased Kim has taken on the role of Brookfield's Chief Investment Strategist. With over three decades of experience, Kim is a leading authority on investing in Real Assets. We believe his expanded role will enhance our ability to both earn superior risk adjusted returns and communicate our strategies to our clients." The Full Research Report on Brookfield Asset Management 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/f1b1_BAM] -- BankUnited, Inc. Research Report On July 10, 2013, BankUnited, Inc. (BankUnited) announced the promotion of Susan Wright Greenfield to the position of Senior Vice President, Investor Relations and Corporate Secretary. The Company informed that Greenfield will be responsible for overseeing corporate governance matters and communications between the Board of Directors, Senior Management and the Company's shareholders. According to John Kanas, BankUnited's Chairman, President and CEO, "Susan played a key role in critical corporate matters as vice president of investor relations. She is a trusted advisor to me, the board and members of the senior management team, and I know she will continue to serve our company and its shareholders well." Bankunited stated that Greenfield will report directly to Kanas. The Full Research Report on BankUnited, 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/0b60_BKU] ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. 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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. http://analystscorner.com SOURCE Analysts' Corner Contact: Joe Thomas, +1-310-496-8071 (North America)
Financial Results, New Programs, Appointments and Promotions - Research Report on U.S. Bancorp, Fifth Third Bank, Huntington
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