Regional Banks

FNB United Corp. (Nasdaq: FNBN), parent company of CommunityONE Bank, N.A., today announced that investors have agreed to subscribe for a total of $310 million in company common stock in a private placement, contingent on obtaining shareholder and regulatory approvals and satisfaction of other...

Hampton Roads Bankshares (Nasdaq: HMPR) today announced that Bankers Insurance, L.L.C. has purchased substantially all of the assets and assumed certain liabilities of Gateway Insurance Services, Inc.. The consideration paid by Bankers included cash and a Bankers membership interest.

According to Keefe, Bruyette & Woods, SCBT Financial (NASDAQ: SCBT) Outperform rating is reiterated. KBW said that SCBT reported a solid beat on better credit and higher spread income. “Raising 2011 estimates and reiterate OP.” SCBT Financial closed yesterday at $30.12.

BancorpSouth, Inc., (NYSE: BXS) announced today the resignation of R. Madison Murphy from the Board of Directors of BancorpSouth, Inc., and BancorpSouth Bank, effective at the close of business on August 5, 2011. Mr. Murphy, the Managing Member of Murphy Family Management, LLC, headquartered in El...

Sterne Agee reiterated its Cape Bancorp (NASDAQ: CBNJ) Buy rating in a research report published today. Sterne Agee has previously given Cape Bancorp a $10.50 price target. In the report, Sterne Agee states, "We believe Cape will continue to experience elevated levels of net charge-offs (NCOs) and...

Premier Financial Bancorp (NASDAQ: PFBI), a $1.1 billion bank holding company, with banking locations in Kentucky, Ohio, West Virginia, Virginia, Washington DC, and Maryland announced that it received approval from the Federal Reserve Bank of Richmond and the Federal Reserve Board of Governors to...

Notable gainers this morning: Old National Bancorp (NYSE: ONB) +9.41% on upbeat earning. Terra Nitrogen Company (NYSE: TNH) +5.84% on heavy volume. Net Servicos de Comunicacao SA (NASDAQ: NETC) +4.85% VirnetX Holding Corporation (NYSE: VHC) +4.41% on heavy volume Alliance Resource Partners...

Stifel Nicolaus is out with its report today on First Horizon National (NYSE: FHN), maintaining Buy. In its report, Stifel Nicolaus writes, "As the banking industry struggles to generate revenues and profits in a deleveraging, more intensely regulated environment, profit growth via the...

Stifel Nicolaus is out with its report today on PNC Financial Services (NYSE: PNC), lowering its PT from PNC from $85 to $82. In its report today, Stifel Nicolaus writes, "We are raising our 2011 EPS estimate to $6.27 from $5.86 due to the 2Q11 earnings beat just reported and the combination of...

According to KBW, Columbia Banking System (NASDAQ: COLB), EPS estimates have been increased. KBW announced an increase in EPS estimates from $0.81 to $0.88 for FY11 and from $1.05 to $1.19 for FY12. PT is set to $25 and rating to Outperform. KBW closed on Friday at $17.61.

German American Bancorp, Inc. (Nasdaq: GABC) announced today that it has filed a shelf registration statement with the Securities and Exchange Commission under the Securities Act of 1933, as amended. When declared effective by the SEC, the shelf registration statement will allow German American to...

Jefferies reiterated its Hold rating on Hancock Holding (NASDAQ: HBHC). At the same time, the rating agency raised its price target on the company's stock from $35 to $37. On Friday, HBHC closed the day at $32.95.

According to KBW, Old National Bancorp (NYSE: ONB), shares are expected to increase pending 2Q11 results. KBW announced that ONB entered into an agreement with the FDIC over the weekend, and that this will result in the acquisition of Integra Bank, which will include approximately $1.5billion of...

KBW reiterated its Market Perform rating on Hanmi Financial (NASDAQ: HAFC). At the same time, the rating agency left its price target on the company's stock unchanged at $1. On Friday. HAFC closed the day at $1.06.

KBW reiterated its Market Perform rating on Heritage Commerce (NASDAQ: HTBK). At the same time, the rating agency modified its price target on the company's stock to $5. On Friday, HTBK closed the day at $4.99.