Thrifts & Mortgage Finance

Ocean Shore Holding (NASDAQ: OSHC) Reports Q1 EPS of $0.18 vs $0.19 Estimate

Sterne Agee has issued a report revising the estimates on First Niagara Financial Group (NASDAQ: FNFG). Sterne Agee writes, "We increased our 2011 - 2013 estimates to $1.01, $1.14 and $1.24 per share, from $0.96, $1.06 and $1.16 p/s, respectively. Management indicated that the current core First...

BankAtlantic Bancorp, Inc. (NYSE: BBX) announced today that the Judge has granted its motion for judgment as a matter of law and entered judgments in favor of the defendants as to all of the plaintiffs claims in the shareholder class action brought against BankAtlantic Bancorp and certain of its...

Keefe, Bruyette & Woods is reiterating its Market Perform rating and its $16 price target on United Financial Bancorp (NASDAQ: UBNK) following quarterly results. UBNK closed yesterday at $16.09.

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Buffalo Wild Wings (NASDAQ: BWLD) is “terrific. That stock is in bull mode. I'm a buyer, that management is fabulous." Cramer said that InterDigital Communications (NASDAQ: IDCC) shares “went up huge when I recommended it and I...

Compass Point Research & Trading provided color on People's United Financial (NASDAQ: PBCT) in a research report published today. Compass Point has previously given People's United Financial a Neutral rating and $14 price target. In the report, Compass Point states, " As one of our primary...

Compass Point Research and Trading maintained its New York Community Bancorp (NYSE: NYB) Neutral rating and $17 price target in a research report published today. In the report, Compass Point Research and Trading states, "Going forward, multi‐family origination opportunities are strengthening and...

United Financial Bancorp (NASDAQ: UBNK) Reports Q1 EPS of $0.16 vs. $0.18

Astoria Financial Corporation (NYSE: AF) posted EPS of $0.29, “which beat expectations on unexpected margin expansion & a lower provision,” KBW reports. “Reserve release contributed $0.08 but was partly expected given better credit trends & loan shrinkage,” KBW writes. “A historically high...

First Niagara Financial Group Inc. (NASDAQ: FNFG) operating results of $0.24/sh matched expectations this quarter “as stronger spread income and a slightly lower provision offset weaker fee income and higher expenses,” KBW reports. “Earnings expectations remain on track versus our model, causing...

According to Keefe, Bruyette & Woods, OceanFirst Financial (NASDAQ: OCFC) posted operating EPS of $0.28 which beat the estimate and consensus by a penny. Keefe, Bruyette & Woods said that margin expansion and good cost control helped to mitigate weaker fees and strengthen preprovision...

Mutual First Financial Inc. (NASDAQ: MFSF) reported a 1Q operating loss of -$0.15/share “primarily due to elevated credit costs but also reduced operating efficiency,” KBW reports. “Loan demand remains elusive, although margins improved due to balance sheet de-leveraging.” Mutual First Financial...

According to J.P. Morgan, People's United Financial (NASDAQ: PBCT) saw a good first quarter but elevated payout ratio remains a risk. J.P. Morgan said that People's reported 1Q11 EPS of $0.15, or $0.14 excluding one-timers, which was a penny above its $0.13 estimate and beat the Street at $0.12. “...

Guaranty Fed. Bancshares Reports Q1 EPS $0.09 vs. $0.07 Prior Year (NASDAQ: GFED)

OceanFirst Financial Corp. Announces 16.7% Quarterly Earnings Per Share Growth OceanFirst Financial Corp. (Nasdaq: OCFC), the holding company for OceanFirst Bank, today announced that diluted earnings per share increased 16.7%, to $0.28, for the quarter ended March 31, 2011 from $0.24, for the...