Keefe Bruyette & Woods Has Outperform Rating On Viewpoint Financial Group (VPFG)

Keefe Bruyette & Woods has an Outperform rating and a $15.50 price target on shares of Viewpoint Financial Group VPFG.

In a note to investors, KBW writes, "Overall a good quarter due to margin expansion, PTPP ROA improvement, stable asset quality and strong capital levels. Loan growth declined largely due to a slowdown in mortgage activity and deposits remained relatively flat despite the company lowering rates. We are adjusting our EPS estimates, increasing our target price and reiterating our Outperform rating."

Shares of VPFG gained 9 cents yesterday to close at $13.28, a gain of 0.68%.