Epstein Secrets

Community Bancorp NYCB NYCB US Ebrahim H. Poonawala Regions Financial RF RF US Erika Najarian Synovus Financial Corp. SNV SNV US Ebrahim H. Poonawala U.S. Bancorp USB USB US Erika Najarian Zions Bancorp ZION ZION US Erika Najarian UNDERPERFORM Bank of Hawaii Corp. BOH BOH US Ebrahim H. Poonawala Cullen/Frost Ba

G CFG US Erika Najarian East West Bancorp, Incorporated EWBC EWBC US Ebrahim H. Poonawala FCB Financial Holdings, Inc FCB FCB US Ebrahim H. Poonawala First Republic Bank FRC FRC US Erika Najarian Great Western Bancorp Inc GWB GWB US Ebrahim H. Poonawala Huntington Bancshares Inc. HBAN HBAN US Erika Najarian IBERIABANK

e environment, the implementation of a strict liquidity coverage ratio and further regulation on overdraft income that restricts bank profitability. U.S. Bancorp (USB) We use a three-factor valuation framework (P/E, P/TBV, DCF} to arrive at our $50 PO, assigning an above peer 2.8x multiple to 2017E TBV and ne

perity Bancshares Inc PB PBUS Ebrahim H. Poonawala TCF Financial Corp. TCB TCB US Ebrahim H. Poonawala Zions Bancorp ZION ZION US Erika Najarian RSTR First Republic Bank FRC FRC US Erika Najarian Disclosures Important Disclosures Equity Investment Rating Distribution: Banks Group (as of 30 Sep 2016) Coverage Univer

ble Inc. Bayer AG Bloomberg CVC Capital Partners Chicago Bar Association Credit Suisse Group AG Delek Drilling Deutsche Bank AG Equifax Inc. First Republic Bank Fordham University Goldman Sachs Group Inc. HSBC Holdings PLC HighQ Solutions Ltd. Honeywell International Inc. Instagram Inc. Intel Corp. In

New York Times Co. New York University Noble Energy, Inc. Signature Bank Square Inc. Starbucks Corporation The Bank of New York Mellon Corp. U.S. Bancorp UBS AG United Nations Commission on International Trade Law UnitedLex Corp. Wells Fargo & Co. GOVERNMENT AGENCIES Bureau of Citizenship and I