South Financial Group TSFG continues to show improvement, and we're keeping our $23 fair value estimate for the shares. During the second quarter, South
are in this segment, largely due to acquired loans from its recent acquisitions of Chrysler Financial and The South Financial Group . U.S. gross impaired loans represented 4.03% of total U.S.-based loans. Nevertheless, return on
In a surprise move , TD Bank TD agreed to purchase struggling Southeastern U . S . bank The South Financial Group TSFG , which was on its way to failure , in our opinion . The company had suspended paying dividends on its Troubled Asset Relief Program
We are placing The South Financial Group TSFG under review after the company announced poor fourth-quarter earnings and suspended payment on its TARP, trust preferred and
The South Financial Group TSFG will no longer pay a dividend. In our opinion, this is not a great loss to shareholders, who were receiving only a penny a quarter
The South Financial Group TSFG reported a net loss available to common shareholders of $90.8 million in the first quarter, continuing a persistent stretch
We are placing South Financial Group TSFG under review as we assess the possible dilution for this troubled company from the second round of Troubled Asset Relief Program funding.
The South Financial Group TSFG named H. Lynn Harton as its permanent CEO and president Feb. 9. Harton has run South Financial as the interim CEO since November
We are placing The South Financial Group TSFG under review as we reassess the company's Florida loan exposure and increase our loan loss assumptions.
The South Financial Group 's TSFG CEO Mack Whittle will retire as chairman, CEO, and president of the company by the end of the year. The board will conduct a