Initiating Research Reports on Banking Equities -- Royal Bank of Canada, Sterling Bancorp, SunTrust Banks, and PNC Financial Services

NEW YORK, September 18, 2017 /PRNewswire/ --

If you want a Stock Review on RY, STL, STI, or PNC then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. For today, DailyStockTracker.com shifts focus on the Money Center Banking industry, which comprises banks that raise most of their funds from the domestic and international money markets, relying less on depositors for funds. Under observation this morning are the performance of Royal Bank of Canada (NYSE: RY), Sterling Bancorp (NYSE: STL), SunTrust Banks Inc. (NYSE: STI), and The PNC Financial Services Group Inc. (NYSE: PNC). This morning's free research reports on the aforesaid equities are available upon registration on DailyStockTracker.com at:
http://dailystocktracker.com/register/

Royal Bank of Canada 

Last Friday, shares in Toronto, Canada headquartered Royal Bank of Canada ended the session 0.15% lower at $75.50. The stock recorded a trading volume of 937,786 shares. The Company's shares have advanced 2.57% in the last month, 6.32% in the previous three months, and 11.50% since the start of this year. The stock is trading 1.56% and 5.38% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Royal Bank of Canada, which together with its subsidiaries, operates as a diversified financial service company worldwide, have a Relative Strength Index (RSI) of 59.09.

On September 11^th, 2017, Royal Bank of Canada announced a funding commitment of US$300,000 to support organizations providing relief and humanitarian efforts for those affected by the devastating damage caused by Hurricane Irma in many Caribbean countries and the state of Florida in the US. Visit us today and access our complete research report on RY at:
http://dailystocktracker.com/registration/?symbol=RY

Sterling Bancorp 

Montebello, New York-based Sterling Bancorp's stock gained 0.90%, to close the day at $22.45. A total volume of 3.96 million shares was traded, which was above their three months average volume of 1.26 million shares. The Company's shares are trading 0.48% below their 50-day moving average. Additionally, shares of Sterling Bancorp have an RSI of 53.52.

On August 31^st, 2017, Sterling Bancorp and Astoria Financial Corporation, the holding company for Astoria Bank, announced that the Board of Governors of the Federal Reserve System has approved the merger of the latter with and into Sterling. The parties have now received all required approvals necessary to consummate the merger, which remains subject to other customary closing conditions. Assuming such conditions are satisfied, the companies expect to complete the merger on October 02^nd, 2017. The complimentary report on STL can be downloaded at:
http://dailystocktracker.com/registration/?symbol=STL

SunTrust Banks 

Shares in Atlanta, Georgia headquartered SunTrust Banks Inc. recorded a trading volume of 4.26 million shares at the close of the last trading session, which was above their three months average volume of 2.99 million shares. The stock ended the day 0.16% higher at $54.83. The Company's shares are trading below their 200-day moving average by 2.41%. Furthermore, shares of SunTrust Banks, which operates as the holding company for SunTrust Bank that provides various financial services for consumers, businesses, corporations, and institutions in the US, have an RSI of 48.34.

On September 14^th, 2017, SunTrust Banks announced plans to release its Q3 2017 results on October 20^th, 2017. The Company's management will host a conference call at 8:00 a.m. ET that morning. The live webcast and accompanying slides will be available on the Company's investor website. Register for free on DailyStockTracker.com and access the latest research report on STI at:
http://dailystocktracker.com/registration/?symbol=STI

PNC Financial Services Group 

Pittsburgh, Pennsylvania headquartered The PNC Financial Services Group Inc.'s shares finished Friday's session 0.79% higher at $128.19. A total volume of 3.26 million shares was traded, which was higher than their three months average volume of 2.15 million shares. The stock has advanced 4.64% in the previous three months and 9.60% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 0.55% and 4.83%, respectively. Furthermore, shares of the Company, which operates as a diversified financial services company in the US and internationally, have an RSI of 56.65.

On September 07^th, 2017, PNC Financial Services announced the redemption on September 18^th, 2017, of all of the outstanding Senior Notes due October 18^th, 2017 issued by PNC Bank, National Association in the amount of $500,000,000 (CUSIP 69353RDY1). The securities have a distribution rate of 1.500%, and an original scheduled maturity date of October 18^th, 2017. The redemption price will be equal to $1,000 per $1,000 in principal amount, plus any accrued and unpaid distributions to the redemption date of September 18^th, 2017. Get free access to your research report on PNC at:
http://dailystocktracker.com/registration/?symbol=PNC

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