TARP Repayment Is A Positive Move For Susquehanna Bancshares, KBW Reports

Susquehanna Bancshares, Inc. SUSQ announced that it has repaid the remaining $100 million of its TARP funds with the related warrants expected to be repurchased in 1Q11, KBW reports. “We view the news as expected but an incremental positive since Susquehanna was able to gain approval without having to raise additional capital,” KBW writes. “It also sends a regulatory vote of confidence in Susquehanna's credit and capital outlook with Tier 1 common of 9.5% currently.” Susquehanna Bancshares closed Wednesday at $10.11.