Company | Date | Price Target | Rating | Analyst |
---|---|---|---|---|
9/17/2024 | $29.00 → $35.00 | Outperform → Strong Buy | Raymond James | |
9/11/2024 | $80.00 | Overweight | Piper Sandler | |
9/9/2024 | Outperform | Hovde Group | ||
8/28/2024 | $21.00 → $23.50 | Outperform | Hovde Group | |
8/12/2024 | $16.00 | Market Perform | Hovde Group | |
8/12/2024 | $35.00 → $38.00 | Market Perform | Hovde Group | |
8/12/2024 | $70.00 → $61.00 | Neutral → Underweight | Piper Sandler | |
8/9/2024 | Underperform → Peer Perform | Wolfe Research |
4 - TRUIST FINANCIAL CORP (0000092230) (Issuer)
4 - USCB FINANCIAL HOLDINGS, INC. (0001901637) (Issuer)
4 - LCNB CORP (0001074902) (Issuer)
Marks 9th consecutive year of increased common dividend per share, reflecting a resilient balance sheet and strong earnings profile Also declares preferred dividends Today Fifth Third Bancorp announced the declaration of cash dividends on its common shares, Series H preferred shares, Series I preferred shares, Series J preferred shares, Series K preferred shares, Series L preferred shares, and Class B Series A preferred shares. Fifth Third Bancorp (NASDAQ:FITB) today declared a cash dividend on its common shares of $0.37 per share for the third quarter of 2024. The dividend is payable on October 15, 2024 to shareholders of record as of September 30, 2024. Fifth Third also declared a cas
SANTA ROSA, Calif., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Summit State Bank's (the "Bank") (NASDAQ:SSBI) Board of Directors declared the Bank's eighty third consecutive quarterly cash dividend to common shareholders for $0.04 per share on September 11, 2024. The dividend will be paid on October 10, 2024, to shareholders of record on October 3, 2024. "The current rate environment, and its impact on earnings, led to our decision to reduce the quarterly cash dividend. The dividend reduction reflects the Bank's deliberate approach to build capital," said Brian Reed, President and CEO. "We recognize the importance and impact of the dividend reduction on all of our shareholders, and it was not mad
Old Second National Bank Acquires 5 Illinois Branches from First Merchants BankProposed Acquisition to Add $304 Million in Deposits and $12 million in loans CHICAGO, IL / ACCESSWIRE / August 27, 2024 / Old Second Bancorp, Inc. ("Old Second Bancorp") (NASDAQ:OSBC), the parent company of Old Second National Bank ("Old Second"), and First Merchants Corporation ("First Merchants Corp.") (NASDAQ:FRME), the parent company of First Merchants Bank ("First Merchants"), jointly announced today that Old Second and First Merchants have entered into a Purchase and Assumption Agreement where Old Second will purchase 5 Illinois branch locations in the Southeast Chicago MSA as well as certain branch related
Keefe, Bruyette & Woods analyst Wood Lay maintains First Western Financial (NASDAQ:MYFW) with a Outperform and lowers the price target from $25 to $23.
Keefe, Bruyette & Woods analyst Christopher O'Connell maintains Dime Community Bancshares (NASDAQ:DCOM) with a Outperform and raises the price target from $25.5 to $28.
First Merchants (NASDAQ:FRME) reported quarterly earnings of $0.68 per share which missed the analyst consensus estimate of $0.80 by 15 percent. The company reported quarterly sales of $159.905 million which missed the analyst consensus estimate of $160.510 million by 0.38 percent. This is a 2.59 percent decrease over sales of $164.154 million the same period last year.
Raymond James upgraded Dime Community from Outperform to Strong Buy and set a new price target of $35.00 from $29.00 previously
Piper Sandler resumed coverage of Northeast Bancorp with a rating of Overweight and set a new price target of $80.00
Hovde Group initiated coverage of Southern States Bancshares with a rating of Outperform
East West Bank, the largest publicly traded bank headquartered in Southern California, today celebrated its 25th anniversary on the Nasdaq stock exchange. Chairman and CEO Dominic Ng rang Nasdaq's opening bell to commemorate this milestone in the Bank's history. "This is a momentous day for East West Bank," said Dominic Ng. "Celebrating 25 years on Nasdaq is a testament to the trust our customers have placed in us and our unwavering commitment to helping them reach further." During Ng's tenure as CEO, he has transformed East West from a $600 million savings and loan association into a global commercial bank with over $72 billion in assets. The Bank has earned recognition as the #1 top per
CHARLOTTE, N.C., Aug. 8, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE:TFC) today announced that Steve Hagerman will be its new chief information officer. Hagerman will join Truist on Oct. 28, reporting to Chairman & CEO Bill Rogers. Based at Truist headquarters in Charlotte, Hagerman will lead the enterprise technology team, shaping and executing a strategic vision for the bank's technology future, including key areas like data and analytics, AI, information security, technology transformation, and more. "I'm delighted to welcome Steve Hagerman to Truist as chief information officer," said Truist Chairman & CEO Bill Rogers. "Steve has deep experience serving clients, inspirin
Funds will help provide immediate relief, support long-term recovery efforts CHARLOTTE, N.C., Aug. 4, 2024 /PRNewswire/ -- As Tropical Storm Debby approaches the Florida coast, Truist Foundation today announced it will donate $100,000 to support relief and recovery efforts in impacted communities across the Southeast. The funds will be distributed to the Center for Disaster Philanthropy's Atlantic Hurricane Season Recovery Fund, the American Red Cross and United Way Worldwide. "Truist Foundation stands ready to support local communities impacted by devastating natural disasters, such as Tropical Storm Debby," said Lynette Bell, president of Truist Foundation. "This storm is expected to str
SC 13G/A - Southern States Bancshares, Inc. (0001689731) (Subject)
SC 13G/A - Southern States Bancshares, Inc. (0001689731) (Subject)
SC 13G/A - Southern States Bancshares, Inc. (0001689731) (Subject)
ABILENE, Texas, Sept. 16, 2024 /PRNewswire/ -- First Financial Bankshares, Inc. (NASDAQ:FFIN) (the "Company," "First Financial Bankshares," "we", "us" or "our") has announced the election of Brian D. Goodrich as Executive Vice President and General Counsel. "We are delighted to welcome Brian to Abilene and to the Company's executive management team as the first General Counsel for First Financial Bankshares," said F. Scott Dueser, Chairman, President, and CEO. "Brian's vast banking, legal, and regulatory knowledge, expertise, and experience in a larger bank, will be instrumen
Marks 9th consecutive year of increased common dividend per share, reflecting a resilient balance sheet and strong earnings profile Also declares preferred dividends Today Fifth Third Bancorp announced the declaration of cash dividends on its common shares, Series H preferred shares, Series I preferred shares, Series J preferred shares, Series K preferred shares, Series L preferred shares, and Class B Series A preferred shares. Fifth Third Bancorp (NASDAQ:FITB) today declared a cash dividend on its common shares of $0.37 per share for the third quarter of 2024. The dividend is payable on October 15, 2024 to shareholders of record as of September 30, 2024. Fifth Third also declared a cas
SANTA ROSA, Calif., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Summit State Bank's (the "Bank") (NASDAQ:SSBI) Board of Directors declared the Bank's eighty third consecutive quarterly cash dividend to common shareholders for $0.04 per share on September 11, 2024. The dividend will be paid on October 10, 2024, to shareholders of record on October 3, 2024. "The current rate environment, and its impact on earnings, led to our decision to reduce the quarterly cash dividend. The dividend reduction reflects the Bank's deliberate approach to build capital," said Brian Reed, President and CEO. "We recognize the importance and impact of the dividend reduction on all of our shareholders, and it was not mad
8-K/A - FIFTH THIRD BANCORP (0000035527) (Filer)
EFFECT - MidWestOne Financial Group, Inc. (0001412665) (Filer)
8-K - FIFTH THIRD BANCORP (0000035527) (Filer)
4 - USCB FINANCIAL HOLDINGS, INC. (0001901637) (Issuer)
4 - NORWOOD FINANCIAL CORP (0001013272) (Issuer)
4 - Oak Valley Bancorp (0001431567) (Issuer)
Recent insider activity at Oak Valley Bancorp (CA) has been notable, with Director Lafferty Allison purchasing $2,350 worth of shares (100 units at $23.50) on June 10th. This transaction increased Lafferty's direct ownership by 2% to 5,850 units, as reported in SEC Form 4. Such insider purchases are often seen as positive signals by investors, indicating confidence in the company's growth prospects. When looking at other insider transactions within the company, patterns start to emerge. Dehart Julie, Ghan Cathy, Booke Kimberly D, Roland Theresa, Stephens Gary, Gilbert James L, Withrow Terrance P, and Strong Gary have all made purchases of shares in recent months. Notably, these individuals