Regional Banks

KBW has a Market Perform rating and a $10 price target on shares of Susquehanna Bancshares (NASDAQ: SUSQ). In a note to clients, KBW writes, "We are updating our estimates after SUSQ released in-line operating EPS of $0.08. Loan balances largely stabilized & core deposits gained further...

Jefferies is lowering its PT on shares of BancorpSouth, Inc. (NYSE: BXS) from $16 to $15. BancorpSouth closed Tuesday at $13.50.

Global Hunter Securities has raised its price target from $24 to $30 on Medivation (NASDAQ: MDVN) in its preview of Q1:11 results which are to be released after the market close on Friday. In the report, Global Hunter Securities writes, “We believe the focus of the earnings call will be on an...

Gainers (% price change): IMPAC Mortgage Hldgs (IMH) operations include the mortgage and real estate fee-based business activities conducted by Integrated Real Estate Service Corporation (IRES) and the long-term mortgage portfolio (residual interests in securitizations reflected as net trust...

Sterne Agee upgraded its rating on Old National Bancorp (NYSE: ONB) to Buy in a research report published today. Its new price target was set to $12.5. In the report, Sterne states, "We are upgrading shares of ONB to Buy with a one-year price target of $12.50 based on our DCF model, which assumes...

Jefferies maintained its Hold rating on Old National Bancorp (NYSE: ONB) in a research report published today. Jefferies also left its price target unchanged at $12.5. In the report, Jefferies states, "The company continues to make progress on strategic initiatives (executing the Monroe...

IBERIABANK Corporation (NASDAQ: IBKC) remains Neutral-rated “as the current valuation of 1.5x TBVPS and 17x our 2012E EPS takes into account a fairly optimistic outlook,” Sterne Agee reports. “However, our outlook is more favorable, given improved margin discipline and the likelihood that IBKC's...

Compass Point is maintaining its $19 price target and its Buy rating on Fifth Third Bancorp (NASDAQ: FITB), citing improved outlook on the stock. According to Compass Point, “We reiterate our $19 price target and our buy rating on shares of FITB. We are reducing our 2011E EPS from $1.13 to $0.88...

Compass Point has raised its price target on PNC Financial Services (NYSE: PNC) from $74 to $82.50 based upon results ahead of expectations. Says Compass Point, in its report, “We are increasing our price target for PNC from $74 to $82.50 as expense management is outpacing our estimates. We are...

SVB Financial Group (Nasdaq: SIVB) today announced the expiration and final results of the previously announced tender offers by its wholly-owned subsidiary, Silicon Valley Bank, to purchase for cash (i) any and all of its 5.700% Senior Notes due 2012 and (ii) any and all of its 6.050% Subordinated...

KBW is out with its report today on Bridge Capital Holdings (NASDAQ: BBNK), resuming coverage at Outperform. In a note to clients, KBW writes, "We are resuming coverage of BBNK with an Outperform rating. In our opinion, there is scarcity value in the banks that operate in the Silicon Valley, which...

Old National Bancorp. (NYSE: ONB) reported higher-than-expected 1Q11 operating EPS of $0.19, “beating both our estimate and consensus,” KBW reports. “Results were driven by lower credit costs, improved expense control, and NIM expansion. The Monroe acquisition closed in January, which contributed...

KBW is raising its PT on shares of Metrocorp Bancshares Inc. (NASDAQ: MCBI) from $6.75 to $7.50. Metrocorp Bancshares closed Monday at $6.56.

Citizens Republic Bancorp, Inc (NASDAQ: CRBC) reported a 1Q11 operating loss of $0.19/share, KBW reports. “Credit showed meaningful improvement again this quarter as the company largely wrapped up its accelerated disposition plan,” KBW writes. “NPAs, commercial watch list, and loans 30-89 days...

Citi has increased its 2011 estimate on shares of BB&T Corp (NYSE: BBT) “due to results and lower than originally projected credit losses accompanied with higher reserve releases.” “We decreased our 2012-2013 EPS estimates by $0.05 reflecting the shift of reserve releases to earlier periods,”...