Shares of CoreStates Financial Corp. won an "outperform" rating from Smith Barney Inc. Monday, based on the prospect of better earnings performance during the next five years.

Currently, the Philadelphia banking company's stock trades at a discount to many other major regional banks on a price-to-earnings basis, said analyst Henry

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.