NEW YORK, November 8, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Bank of America Corporation (NYSE: BAC), Visa, Inc. (NYSE: V), The Goldman Sachs Group, Inc. (NYSE: GS), AmTrust Financial Services, Inc. (NASDAQ: AFSI), and BofI Holding Inc. (NASDAQ: BOFI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Bank of America Corporation Research Report
On November 5, 2013, Bank of America Corporation (Bank of America) announced that the Company's CEO, Brian Moynihan will welcome attendees to the Bank of America Merrill Lynch Banking and Financial Services Conference on Tuesday, November 12, 2013, at 8:00 a.m. ET in New York. Additionally, the Company stated that a live audio webcast of Mr. Moynihan's remarks at the Conference will be made accessible to interested parties through the Company's Investor Relations website. The Full Research Report on Bank of America Corporation - 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/fb34_BAC]
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Visa, Inc. Research Report
On October 30, 2013, Visa, Inc. (Visa) released its Q4 FY 2013 and full-year FY 2013 financial results (period ended September 30, 2013). Net income attributable to Visa was $1.2 billion or $1.85 per diluted Class A common share in Q4 FY 2013, compared to $1.7 billion or $2.47 per diluted Class A common share in Q4 FY 2012. The Company informed that its full-year FY 2013 net income attributable to Visa was $5 billion or $7.59 per diluted Class A common share, compared to $2.1 billion or $3.16 per diluted Class A common share in full-year FY 2012. Commenting on the results, Charlie Scharf, CEO of Visa, stated, "Visa delivered strong financial performance during the fourth quarter and full year across our global businesses, a reflection of solid revenue and transaction growth. We continued investing in high growth regions of the world, in products and technology to drive our performance, while maintaining disciplined expense control. We also have been consistent and decisive in returning excess cash to shareholders and maintain this commitment. Both the increase in our quarterly dividend payment by 21% to $0.40 per share and our new $5 billion share repurchase authorization reflects this and our continued confidence in our ability to grow our business over the long term globally." The Full Research Report on Visa, 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/a563_V]
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The Goldman Sachs Group, Inc. Research Report
On November 4, 2013, The Goldman Sachs Group, Inc. (Goldman Sachs) announced that its Chairman and CEO, Lloyd Blankfein, will represent the Company at the Bank of America Merrill Lynch 2013 Banking and Financial Services Conference on Tuesday, November 12, 2013, in New York City at 8:50 a.m. EST. According to the Company, a live audio webcast of the presentation will be available via the Investor Relations section on its website, wherein a replay of the same will also be archived after the completion of the call. The Full Research Report on The Goldman Sachs Group, 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/6777_GS]
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AmTrust Financial Services, Inc. Research Report
On November 5, 2013, AmTrust Financial Services, Inc. (AmTrust Financial) announced that its Board of Directors has approved a quarterly cash dividend of $0.14 per share of common stock. According to the Company, the dividend will be paid on January 15, 2014, to shareholders of record as of the close of business on January 2, 2014. Additionally, the Company informed that its Board of Directors has approved a cash dividend of c.$0.42 per preferred share on its 6.75% Non-cumulative preferred stock, payable on December 16, 2013 to shareholders of record as of the close of business on December 1, 2013. The Full Research Report on AmTrust Financial Services, 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/e570_AFSI]
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BofI Holding Inc. Research Report
On November 5, 2013, BofI Holding Inc. (BofI Holding) released its Q1 FY 2014 financial results (period ended September 30, 2013). The Company' net income went up by 35.5% YoY to $12.2 million in Q1 FY 2014. Net income attributable to common stockholders was $12.1 million or $0.85 per diluted share in Q1 FY 2014, compared to $8.9 million or $0.67 per diluted share in Q1 FY 2013. Commenting on the results, Greg Garrabrants, President and CEO of the Company, stated, "We are pleased to report record earnings for the seventh consecutive quarter and continued best-in-class earnings per share growth driven by margin expansion, asset growth and steady non-interest income. We recently crossed over the half a billion dollar mark in business deposits and, this quarter we completed our acquisition of approximately $173 million in deposits from Principal Bank including $142 million in checking, savings and money market accounts and $31 million in time deposit accounts, further bolstering our growing deposit base." The Full Research Report on BofI Holding 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/0060_BOFI]
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