Financials An Attractive Sector for Investors?

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-- yeah.

-- the big banks are waiting on this afternoon's Federal Reserve stress test results those are coming out right after the bell and -- -- legendary bank analyst told me earlier today to tune up annoys.

And invest.

Is this company making more money because -- selling will widgets at a higher prices and the answer is yes they are doing that.

And therefore of these stocks are attractive.

And my next guest -- heavily invested in the industry -- Carole Terrell and company founder president joins me now in a -- business exclusive from Springfield.

Illinois you know let's talk to -- earlier he was incredibly bullish on the banks as we get to decide next round of stress tests in the final round for the year.

Do you think we're gonna get good news on the dividend paying front because that's what investors want to hear.

What's my dividend going to be.

I do indeed think we well Cheryl.

They request from the banks is going to be modest.

But I look for the Federal Reserve and government to grant them most of their request.

For dividend increases and stock buybacks.

What do you think that there can be hesitation -- from the government did that go beyond the share -- cited tickets on the dividend side.

I think it would probably be on the stock buyback side -- wanting to make sure that they don't shrink their capitalization.

More than an appropriate amount.

Okay let let me ask you this we have put so much pressure on the banks and and I say -- says the financial media as the government.

As as those Americans has been so much pressure on the banks -- like -- stick this question earlier when asked -- to you.

Do you think that we're at a point now with these banks or does not make sense anymore for these large institutions small -- have to go to the Federal Reserve and asked for permission.

A to basically do business with those that are investing in their companies are -- being honest now.

I think we are now.

I'm not so sure the government would agree would that.

About I -- the industry as past this and we could do away with a little bit.

Asked the government for permission to do any time.

You think that's what Citi and Bank of America passed it.

Will do you think -- -- that's why Citi and Bank of America however expected them to be rather conservative on the request this afternoon from the -- I do I thank the the positive Sheryl from the announcement so this afternoon.

Well.

For these companies to distribute massive amounts.

Of capital to shareholders.

In the next twelve to 24 months today it's just the very beginning so I expect -- to be very modest and what they request today.

Let's give out one name and particularly the four banks that did not pass the stress test.

Last year was suntrust Citigroup and met life.

You still go like sun trust you're still backing.

This name what is improved over the last year for -- trust -- mean what do they learn from what what was frankly debacle for them last year.

Been the main attraction to suntrust is the real estate recovery in the southeastern part of the United States.

And the fact that it is recovery and much faster than what people expect.

And they should be a prime beneficiary of it.

And perhaps the last chair you know I don't know internally.

Why.

Suntrust asked for what they did that perhaps they asked for a little to match.

So if there's a Jumbo less and that's been learned its.

Maybe we should be a little more modest and what we asked for and twelve months from now will begin to.

Pick up our request.

Particularly after we -- another twelve months worth a robust earnings and capital generation.

But these banks perform like that but they believe there well 20141.

Quarter is going to be one heck of a return for those that own B shares.

Right now judge -- -- -- company founder president Jeff thank you.

You're quite welcome shall have a good day --

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Financials An Attractive Sector for Investors?

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