Large Cap Regional Banks Q4 Preview: BBT The Best Of All?Mani
Large cap regional banks’ 2014 estimates are a little high and should expect to witness downward revisions post-4Q13 earnings, according to the latest research report from Citi.
Keith Horowitz and the analyst team at Citi Research pegged their estimates for the large cap regional banks 3% below consensus on average.
Relative valuations appear full at current levels
Citi analysts believe the regional banks currently trade at about 12x 2014 earnings . . .
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