trending Market Intelligence /marketintelligence/en/news-insights/trending/QrPu7gWfNbVjEQ8Z-q7SWA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Janney, Jefferies analysts name top US bank picks for 2020

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments

Janney, Jefferies analysts name top US bank picks for 2020

Janney Montgomery Scott's and Jefferies' bank research teams released their top picks in the bank sector for 2020.

Janney analysts named Columbus, Ga.-based Synovus Financial Corp. a top pick, writing that the company is a "clear winner" in the possible customer and talent attrition from the merger of equals between BB&T and SunTrust, now Truist Financial Corp. D.A. Davidson and Baird analysts also named Synovus a top pick.

Jefferies analysts wrote that there was greater risk for negative catalysts than positive ones in the year ahead, pointing to the presidential election, potential credit deterioration and political headwinds. Given that setup, the analysts wrote that their "favorites are few," identifying F.N.B. Corp., Signature Bank and Sterling Bancorp as their top picks among midsize banks. The analysts had more top picks in the large-bank space: Citigroup Inc., Truist Financial Corp., Regions Financial Corp., Fifth Third Bancorp and KeyCorp.

For Janney's analysts, Nashville, Tenn.-based Pinnacle Financial Partners Inc. — which recently announced a move into Atlanta with a de novo startup — was also a top pick. Pinnacle's move into Atlanta is a "significant positive" due to recent consolidation making the area "extremely vulnerable," the analysts wrote. Pinnacle plans to capitalize on market disruption in the Southeast.

Other top picks include Chicago-based First Midwest Bancorp Inc. and Billings, Mont.-based First Interstate BancSystem Inc. Two of the analysts' top picks were in New Jersey: Short Hills-based Investors Bancorp Inc. and Toms River-based OceanFirst Financial Corp.

The Janney analysts wrote that they have "high conviction" for all six companies' EPS outlook, tangible book value growth and returns in 2020. All six banks have a rising franchise value due to both deposits and tangible book value expanding, according to the analysts.