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Most of Detroit Pistons the largest lenders are expected to report

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Most of deduces detroit pistons the largest pistons fells in lenders are expected to report lowerearnings per share than a year earlier, according to analystforecasts compiled by Reuters Estimates. Citigroup and Alabama's Regions Financial Corp (RF.N) maypost losses, while Ohio lenders Fifth Third Bancorp (FITB.O)and KeyCorp (KEY.N) may come close to breaking even, analystson average predicted. WIDER PAIN Last week, the American Bankers Association trade groupsaid consumer credit delinquencies are at a 28-year high, andare likely to head even higher Problems for banks are not concentrated only in housing. A weakened economy, with unemployment at a nearly 16-yearhigh, should cause loan losses to bleed beyond housing andfurther into credit card, commercial, construction andindustrial loans Detroit Pistons tickets - nba . Analysts expect another round of dividend cuts and capitalraising, even after the disbursement of much of the first halfof the government $700 billion Troubled Asset Relief Program. Citigroup has already gone to the well twice, taking $45billion from TARP and slashing its quarterly dividend to apenny per share.

The bank has entered advanced talks withMorgan Stanley (MS.N) on a joint venture for their brokerageoperations, a person familiar with the matter said on Friday Oppenheimer & Co analyst Meredith Whitney wrote on Jan detroit news pistons . 6that banks receiving TARP money will report "meaningfullylower" capital levels as of Dec 31 than they had after theygot the infusions chauncey billups . She said banks will need more capital in the face of up to$40 billion of further writedowns as asset prices fall, andcredit ratings are lowered on mortgage-related securities rasheed wallace Pistons tickets - nba . The credit crisis has already caused the demise of manylarge U.S lenders whose viability was under threat ben wallace . These include Merrill Lynch & Co, swallowed by Bank ofAmerica; Washington Mutual Inc (WAMUQ Detroit Pistons - wikipedia .PK), which failed and wastaken over by JPMorgan; Wachovia Corp, bought by Wells Fargo;and National City Corp, bought by PNC Financial Services GroupInc (PNC.N).

Analysts including RBC Capital Markets' Gerard Cassidyexpect hundreds of additional lenders to fail in 2009,following 25 failures last year allen iverson detroit piston . President-elect Barack Obama is expected to draw down muchif not all of the remaining TARP money, despite the widespreadbelief that banks are not using infusions to lend MORE DIVIDEND CUTS? Bank stocks have not done well either tayshaun prince Detroit Pistons . The 24-member KBWBank Index .BKX has fallen 53 percent in the last year Pistons tickets nba.com - pistons .Shares of many banks trade at below book value pistons basketball . Bank of Americaand Citigroup trade at less than half of book value pistons hat .

Many banks have dividend yields in the high single digitsor above . Some analysts believe Bank of America, Dallas-basedComerica Inc (CMA.N) and Atlanta's SunTrust Banks Inc (STI.N)may cut their payouts, despite having done so in the last fourmonths Marshall & Ilsley may also face a cut, analysts said pistons schedule pistons.com . SunTrust spokesman Barry Koling said that bank historicallyannounces its first-quarter dividend in mid-February, and is"very aware of heightened interest in this issue" now pistons watch . A Marshall & Ilsley spokeswoman referred to the bank'sOctober pledge to set a payout that would "ensure a strongcapital base through this economic down cycle Pistons ." Comerica spokesman Wayne Mielke said that bank's board willreview its dividend "in due course." Bank of America spokesmanScott Silvestri declined to comment Detroit Pistons tickets . Townsend said investors may wish to look at lenders such asPNC and U.S.

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