Regional Banks

NewBridge Bancorp (NASDAQ: NBBC) today announced that the U.S. Department of the Treasury has completed the sale of all of the preferred shares previously issued by the Company in 2008, as part of the Company's participation in the Troubled Asset Relief Program. The Company's preferred shares...

Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), today announced that Lake Shore, MHC (the “MHC”), the mutual holding company that owns 61.4% of the Company's outstanding common stock, will hold a special meeting of its members...

Merchants Bancshares, Inc. (NASDAQ: MBVT), the parent company of Merchants Bank, announced that its Board of Directors declared today, January 17, 2013, a dividend of 28 cents per share, payable February 14, 2013, to shareholders of record as of January 31, 2013. This quarter represents our 65th...

Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") earlier announced that on January 10, 2013 its Board of Directors declared a regular quarterly cash dividend of $0.10 per common share, payable March 8, 2013 to holders of record as of February 8, 2013. The $0.10 cash dividend represents an...

Mercantile Bank Corporation (NASDAQ: MBWM) announced today that on January 10, 2013 its Board of Directors declared a regular quarterly cash dividend of $0.10 per common share, payable March 8, 2013 to holders of record as of February 8, 2013. The $0.10 cash dividend represents an increase of 11...

Affymax (NASDAQ: AFFY) shares jumped 5.63% to create a new 52-week high of $23.82. Affymax shares have jumped 349.20% over the past 52 weeks, while the S&P 500 index has gained 21.78% in the same period. Lake Shore Bancorp (NASDAQ: LSBK) shares gained 0.95% to touch a new 52-week high of $10....

Deutsche Bank initiated coverage on shares of Del Frisco's Restaurant Group (NASDAQ: DFRG) with a “buy” rating. Del Frisco's Restaurant's shares closed at $12.65 yesterday. Del Frisco's Restaurant's trailing-twelve-month revenue is $211.96 million. Compass Point initiated coverage on shares of...

Mercantile Bank Corporation (NASDAQ: MBWM) ("Mercantile") announced today that it has repurchased the remaining 50 percent of the $21 million in non-voting preferred stock issued in May 2009 to the U.S. Department of the Treasury under the Treasury's Capital Purchase Program ("CPP"), as part of the...

Pre-open movers US stock futures are mostly flat this morning, as investors are awaiting weekly jobless-claims data. Futures for the Dow Jones Industrial Average gained 1 point to 12,575.00 and S&P 500 index futures rose 0.60 points to 1,323.00. Nasdaq 100 futures dropped 2 points to 2,555.50...

MetroCorp Bancshares (Nasdaq: MCBI) announced that it has priced a registered public offering of 4,445,000 shares of its common stock at $9.00 per share. The net proceeds of the offering after deducting underwriting discounts and commissions and estimated offering expenses are expected to be...

MetroCorp Bancshares, Inc. (Nasdaq: MCBI) announced today that it is commencing an underwritten public offering of $40 million of its common stock. Keefe, Bruyette & Woods, Inc. is acting as the sole underwriter for the offering. The Company intends to grant the underwriter an option to...

MB Financial, Inc. (NASDAQ: MBFI) announced today that it repurchased in full the ten-year warrant held by the U.S. Department of Treasury to purchase 506,024 shares of the Company's common stock issued in 2008 to the Treasury as part of the Troubled Asset Relief Program Capital Purchase Program....