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Quarterly Dividends, Text-Receipt Options, and New Appointments Highlight Banks' Commitment to Stakeholders - Research Report on Citi, Bank of America, Wells Fargo, SunTrust, and First Republic Bank

Editor Note: For more information about this release, please scroll to bottom.

NEW YORK, June 28, 2013 /PRNewswire/ --

Today, Wall Street Reports announced new research reports highlighting Citigroup, Inc. (NYSE: C), Bank of America Corporation (NYSE: BAC), Wells Fargo & Company (NYSE: WFC), SunTrust Banks, Inc. (NYSE: STI), and First Republic Bank (NYSE: FRC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Citigroup, Inc. Research Report

On June 22, 2013, Citigroup, Inc. (Citi) celebrated its eighth annual Global Community Day. Citi reported that the Global Community Day spotlights and reinforces a shared commitment among Citi employees, clients, alumni, family and friends around the world to collaborate and dedicate their time and expertise to local community needs, including literacy and education, housing, environmental stewardship, health and human services, and disaster relief. Citi CEO Michael Corbat, stated, "Since our first Global Community Day in 2006, this company-wide initiative has quickly become a Citi tradition." Corbat continued, "Last year's Global Community Day saw the largest participation to date, and we are excited to carry that momentum into this year as we work side-by-side with local organizations to strengthen the communities where we live and work." The Full Research Report on Citigroup, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/731d_C]

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Bank of America Corporation Research Report

On June 17, 2013, Bank of America Corporation (Bank of America) announced that its Board of Directors has declared a quarterly cash dividend on its Series L Preferred Stock. The Board authorized a dividend of $18.13 per share on the 7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L. Bank of America reported that the dividend is payable on July 30, 2013 to shareholders on record as of July 1, 2013. 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.WSReports.com/r/full_research_report/f73c_BAC]

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Wells Fargo & Company Research Report

On June 24, 2013, Wells Fargo & Company (Wells Fargo) announced the introduction of text receipts at more than 12,000 of its ATMs across the country, available to all its Wells Fargo Online and Mobile Banking customers. This text receipt option is in addition to the Company's popular email or e-receipt options. Alicia Moore, Head of Wells Fargo ATM Banking, said, "We are excited to offer yet another 'green' choice and additional convenience to our customers when it comes to getting their banking done." Moore added, "Today almost half of all receipt eligible transactions at the ATM result in customers selecting an e-receipt or not printing a receipt. Our customers tell us they appreciate the ability to reduce paper waste - text receipts just give them one more option." The Full Research Report on Wells Fargo & Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/d60b_WFC]

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SunTrust Banks, Inc. Research Report

On June 19, 2013, SunTrust Banks, Inc. (SunTrust) announced that Tom Kuntz, the Company's Commercial & Banking and Geographic Leadership Executive, will retire in December 2013 after 35 years of service to the Company. Bill Rogers, Chairman and CEO of SunTrust, commented, "He has been a strong advocate for our clients and teammates in every role he has performed at SunTrust, and he is a respected ambassador of our brand through his work and leadership in the community." SunTrust reported that Beau Cummins will succeed Kuntz, and John Gregg will succeed Cummins and assume his leadership responsibilities in SunTrust's Corporate and Investments Banking unit. Mark Chancy, Wholesale Banking Executive at SunTrust, said, "Beau Cummins and John Gregg are both highly respected leaders, inside and outside of SunTrust, and their expertise in their new roles will be critical to our future success." The Full Research Report on SunTrust Banks, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/0f6d_STI]

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First Republic Bank Research Report

On June 5, 2013, First Republic Bank (First Republic) declared quarterly cash dividends on all four of its outstanding series of preferred stock, as follows: a cash dividend of $16.75 per share for the Noncumulative Perpetual Series A Preferred Stock; a cash dividend is $15.50 per share for the Noncumulative Perpetual Series B Preferred Stock; a cash dividend of $14.06 per share for the Noncumulative Perpetual Series C Preferred Stock; and a cash dividend is $10.24 per share for the Noncumulative Perpetual Series D Preferred Stock. All of these quarterly cash dividends are payable on June 28, 2013 to shareholders of record as of June 17, 2013. The Full Research Report on First Republic Bank - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/986e_FRC]

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EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
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SOURCE Wall Street Reports

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