-
FBIZ: Reducing Recommendation to Neutral from Outperform - Analyst Blog
Tuesday, February 1, 2011 - 11:31am | 649Ann Heffron, CFA FBIZ: Reducing Recommendation to Neutral from Outperform We are reducing our recommendation on First Business Financial Services, Inc. (FBIZ) to Neutral from Outperform, as the stock has exceeded our previous target price. At the same time, we are increasing our new six-...
-
FBIZ: Reducing Recommendation to Neutral from Outperform - Analyst Blog
Tuesday, February 1, 2011 - 11:01am | 649Ann Heffron, CFA FBIZ: Reducing Recommendation to Neutral from Outperform We are reducing our recommendation on First Business Financial Services, Inc. (FBIZ) to Neutral from Outperform, as the stock has exceeded our previous target price. At the same time, we are increasing our new six-...
-
Peapack-Gladstone Financial Corporation Reports Q4 EPS of $.18 vs. $.23
Tuesday, February 1, 2011 - 10:21am | 53Peapack-Gladstone Financial Corporation (NASDAQ: PGC) recorded net income of $1.9 million and diluted earnings per share of $0.18 for the quarter ended December 31, 2010. This compared to diluted earnings per share of $0.18 for the quarter ended September 30, 2010, and diluted earnings per share of...
-
Jefferies Lowers ONB EPS Estimates
Tuesday, February 1, 2011 - 9:33am | 112Old National (NYSE: ONB) reported 4Q EPS of $0.07 vs. consensus of $0.12, Jefferies reports. “The quarter reflected the challenging growth environment, with loan balances up just 1% despite a significant ramp in the residential portfolio,” Jefferies writes. “While the bank holds an abundance of...
-
FirstMerit Reports 25 Cent EPS (FMER)
Tuesday, February 1, 2011 - 9:10am | 147Akron, Ohio-based FirstMerit Corporation (Nasdaq: FMER) announced on Tuesday morning that it missed consensus Wall Street earnings estimates. FirstMerit Corporation reported that its 4th quarter net income rose to $27.0 million, or 25 cents per share, up from $14.5 million, or 17 cents per share, a...
-
JP Morgan Lowers PT On Regions Financial To $8
Tuesday, February 1, 2011 - 8:48am | 27JP Morgan has lowered the price target on Regions Financial (NYSE: RF) from $8.50 to $8 and maintains its Neutral rating.
-
FirstMerit Reports Q4 EPS of $0.25 vs. $.27
Tuesday, February 1, 2011 - 8:44am | 68FirstMerit Corporation (Nasdaq: FMER) reported fourth quarter 2010 net income of $27.0 million, or $0.25 per diluted share. This compares with $29.0 million, or $0.27 per diluted share, for the third quarter 2010 and $14.5 million, or $0.17 per diluted share, for the fourth quarter 2009. For...
-
Top 4 Mid-Cap Stocks In The Regional-Pacific Banks Industry With The Highest Profit Margin (EWBC, BOH, SIVB, CYN)
Tuesday, February 1, 2011 - 4:16am | 137Below are the top mid-cap regional-pacific bank stocks on the NYSE and the NASDAQ in terms of profit margin. The trailing-twelve-month profit margin at East West Bancorp Inc (NASDAQ: EWBC) is 62.20%. EWBC's ROE for the same period is 18.84%. The trailing-twelve-month profit margin at Bank of Hawaii...
-
A Record of How in a Single Day We Created More Actionable and Valuable Stock Research than 20 Sell Side Analyst Teams Over a Month
Tuesday, February 1, 2011 - 1:16am | 1896Model Portfolio Daily Update: January 31, 2011 Subscribers log in for the full report: This content is for members only. New Actions Required: None Of Note: Our 25-stock theoretical long portfolio issued to clients on December 31 presaged 45 major positive upgrades by more than 20 sell side...
-
Bar Harbor Bankshares Reports Q4 EPS of $.53
Monday, January 31, 2011 - 5:36pm | 82Bar Harbor Bankshares (NYSE: BHB) the parent company of Bar Harbor Bank & Trust, today announced financial results for the three and twelve-month periods ended December 31, 2010. Net income available to common shareholders for the fourth quarter of 2010 amounted to $2.0 million, representing...
-
Integra Comments On Q4 2010 Loss Of $35.4M (IBNK)
Monday, January 31, 2011 - 5:16pm | 918Integra Bank Corporation (NASDAQ: IBNK), the parent company of Integra Bank N.A., commented today on the financial results for the fourth quarter of 2010 reflected in Integra Bank's Call Report that was filed with the FDIC on January 30, 2011. The fourth quarter 2010 financial results for the...
-
U.S. Bancorp on Acquisition Spree - Analyst Blog
Monday, January 31, 2011 - 4:52pm | 840U.S. Bancorp (USB) is on an acquisition spree. Its lead bank, U.S. Bank National Association has acquired the banking operations of New Mexico based First Community Bank, a subsidiary of First State Bancorporation in a Federal Deposit Insurance Corporation (FDIC) assisted deal. What's the Deal...
-
U.S. Bancorp on Acquisition Spree - Analyst Blog
Monday, January 31, 2011 - 4:29pm | 840U.S. Bancorp (USB) is on an acquisition spree. Its lead bank, U.S. Bank National Association has acquired the banking operations of New Mexico based First Community Bank, a subsidiary of First State Bancorporation in a Federal Deposit Insurance Corporation (FDIC) assisted deal. What's the Deal...
-
Wilmington Reports Huge Losses - Analyst Blog
Monday, January 31, 2011 - 4:01pm | 922Wilmington Trust Corporation (WL) reported fourth quarter 2010 net loss of $213.8 million or $2.35 per share compared with $369.9 million or $4.06 per share in the prior quarter and $15.7 million or 23 cents per share in the year-ago quarter. The results substantially lagged behind the Zacks...
-
Wilmington Reports Huge Losses - Analyst Blog
Monday, January 31, 2011 - 3:32pm | 922Wilmington Trust Corporation (WL) reported fourth quarter 2010 net loss of $213.8 million or $2.35 per share compared with $369.9 million or $4.06 per share in the prior quarter and $15.7 million or 23 cents per share in the year-ago quarter. The results substantially lagged behind the Zacks...