5 Bank Stocks Set To Beat On Q1 Earnings As Economy Rebounds

Earnings ESP is our proprietary methodology for identifying stocks that have high chances of surprising in their upcoming earnings announcement. It shows the percentage difference between the Most Accurate Estimate and the Zacks Consensus Estimate. Our research shows that for stocks with this combination, the chance of a positive earnings surprise is as high as 70%.

You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

5 Best Bets

Given below are five bank stocks that have the right combination of elements to beat on earnings in their upcoming announcements:

Huntington Bancshares (HBAN Quick Quote HBAN - Free Report) has an Earnings ESP of +1.73% and a Zacks Rank of 3. It is slated to report results on Apr 22. Further, the Zacks Consensus for earnings has remained unchanged at 33 cents per share over the past month.

The Earnings ESP for Glacier Bancorp (GBCI Quick Quote GBCI - Free Report) is +6.10% and it has a Zacks Rank of 2 at present. The company is set to report quarterly numbers on Apr 22. The consensus estimate for earnings of 75 cents per share has been revised 1.4% upward over the past 30 days.

Regions Financial (RF Quick Quote RF - Free Report) is set to report first-quarter earnings on Apr 23. The Zacks Consensus Estimate for its earnings of 48 cents per share has moved 4.3% upward over the past 30 days. The company currently has an Earnings ESP of +1.60% and a Zacks Rank of 3. 

The Earnings ESP for New York Community Bancorp (NYCB Quick Quote NYCB - Free Report) is +2.02% and it carries a Zacks Rank of 2 at present. The company is scheduled to release quarterly figures on Apr 28. Further, over the past month, the Zacks Consensus for earnings has remained unchanged at 27 cents per share.

Prosperity Bancshares (PB Quick Quote PB - Free Report) is set to report first-quarter earnings on Apr 28. The company currently has an Earnings ESP of +2.44% and a Zacks Rank of 3. The Zacks Consensus Estimate for earnings climbed by a penny to $1.38 per share over the past month.

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