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Extraction Summary

4
People
4
Organizations
4
Locations
3
Events
2
Relationships
2
Quotes

Document Information

Type: Financial research report / conference summary
File Size: 1.89 MB
Summary

This document is a financial research note from Bank of America Merrill Lynch, dated November 17, 2016, summarizing discussions from its 'Future of Financials Conference'. It analyzes investor sentiment towards GWB, noting concerns about its agricultural loan exposure, and provides a positive outlook ('Buy' rating) for IBERIABANK (IBKC), anticipating benefits from pro-growth policies under the Trump administration. The document contains no information related to Jeffrey Epstein.

People (4)

Name Role Context
Mr. Chapman Management (at GWB)
Noted that while lower grain prices may constrain cash flow, it is offset by stronger yields. Also noted GWB's prefer...
Daryl Byrd President and CEO
Executive at IBERIABANK (IBKC) who was upbeat about the outlook for economic growth in 2017.
John Davis Senior Vice President
Executive at IBERIABANK (IBKC) who was upbeat about the outlook for economic growth in 2017.
Trump President-elect (at the time)
Mentioned in the context of the 'new Trump administration' and potential pro-growth policies and regulatory relief.

Organizations (4)

Name Type Context
BofA Merrill Lynch Global Research
The author and source of the research document.
GWB
A bank whose stock is being analyzed. Investor concerns focus on its agriculture (ag) exposure and stock valuation.
IBERIABANK (IBKC)
A bank whose strategic targets and outlook are analyzed, with a 'Buy' recommendation.
Bank of America Merrill Lynch
The financial institution that published the report.

Timeline (3 events)

2016 Q3
Earnings period for GWB (3Q16) during which cautious commentary on loan growth was noted.
GWB Management
2016-11-17
The '2016 Future of Financials Conference' where the commentary for this report was gathered.
Mr. Chapman Daryl Byrd John Davis BofA Merrill Lynch
2017-01
Expected announcement of 4Q16 results and 2017 guidance for IBERIABANK (IBKC).
IBERIABANK Management

Locations (4)

Location Context
A market where some caution was noted regarding the health of the CRE (Commercial Real Estate) market.
IA
Abbreviation for Iowa, mentioned as a specific area where GWB is looking for opportunities.
KS
Abbreviation for Kansas, mentioned as a specific area where GWB is looking for opportunities.
IBKC's 10 state footprint
The geographical area of operations for IBERIABANK.

Relationships (2)

Daryl Byrd Colleagues John Davis
Both are executives at IBERIABANK (President/CEO and Senior Vice President, respectively).
Mr. Chapman Employee/Executive GWB
Described as part of GWB's management, speaking on behalf of the bank.

Key Quotes (2)

"Ag portfolio offers unique opportunity, but management believes fears overstated."
Source
HOUSE_OVERSIGHT_014334.jpg
Quote #1
"management sounded cautiously optimistic that pro-growth policies (if implemented) coupled with some relief on the regulatory front under the new Trump administration could lead to a much stronger growth outlook"
Source
HOUSE_OVERSIGHT_014334.jpg
Quote #2

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