Company | Date | Price Target | Rating | Analyst |
---|---|---|---|---|
9/3/2024 | $183.00 → $215.00 | Neutral → Overweight | JP Morgan | |
8/15/2024 | $170.00 → $165.00 | Equal Weight → Underweight | Wells Fargo | |
8/5/2024 | $8.00 → $9.50 | Underweight → Equal-Weight | Morgan Stanley | |
7/29/2024 | $29.00 → $31.00 | Outperform → Market Perform | Hovde Group | |
7/25/2024 | Buy → Hold | Argus | ||
7/24/2024 | $33.00 → $36.50 | Outperform | Hovde Group | |
7/24/2024 | $33.00 → $34.00 | Overweight → Neutral | Piper Sandler | |
7/19/2024 | $33.00 → $41.00 | Outperform | Hovde Group |
8-K - US BANCORP \DE\ (0000036104) (Filer)
8-K - US BANCORP \DE\ (0000036104) (Filer)
8-K - M&T BANK CORP (0000036270) (Filer)
JP Morgan upgraded M&T Bank from Neutral to Overweight and set a new price target of $215.00 from $183.00 previously
Wells Fargo downgraded M&T Bank from Equal Weight to Underweight and set a new price target of $165.00 from $170.00 previously
Morgan Stanley upgraded Valley National from Underweight to Equal-Weight and set a new price target of $9.50 from $8.00 previously
NEW YORK, Sept. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from
Chris Hague joins Banc of California as Executive Vice President and Head of Specialty Finance Team includes five others to expand lender finance and additional areas Banc of California, a wholly owned subsidiary of Banc of California, Inc. (NYSE:BANC), announced today that Chris Hague has joined the company as Executive Vice President and Head of Specialty Finance. In this role, Hague oversees the bank's teams in Lender Finance, Asset-Based Lending (ABL), and Corporate Asset Finance and Commercial Aviation (CAF). Hague is also a member of the bank's Senior Management Committee. Hague is based in Chicago and reports to Hamid Hussain, President of the bank. Hague is an industry leader
Retired Visa Inc. Executive Set to Join The Bancorp Board of Directors in October The Bancorp, Inc. (NASDAQ:TBBK) and its wholly-owned subsidiary The Bancorp Bank, N.A. (collectively, the "Company" or "The Bancorp") are pleased to announce that Todd Brockman will join the Company's Board of Directors, effective October 1, 2024. The addition of Brockman will support the continued growth of the Company's Fintech Solutions business. Brockman brings over 25 years of experience as a senior executive in the payments and financial technology industry. He served as Senior Vice President, General Manager of Visa DPS, one of the largest issuer processors in the world. In 2021, Brockman was elevat
4 - US BANCORP \DE\ (0000036104) (Issuer)
4 - CVB FINANCIAL CORP (0000354647) (Issuer)
4 - EAGLE BANCORP INC (0001050441) (Issuer)
3 - EAGLE BANCORP INC (0001050441) (Issuer)
4 - WESTERN ALLIANCE BANCORPORATION (0001212545) (Issuer)
3 - First Foundation Inc. (0001413837) (Issuer)
SC 13D/A - BANC OF CALIFORNIA, INC. (0001169770) (Subject)
SC 13G/A - BankUnited, Inc. (0001504008) (Subject)
SC 13G/A - ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ (0000109380) (Subject)
The Board of Directors of U.S. Bancorp (NYSE:USB) has authorized a share repurchase program for up to $5 billion of the company's outstanding common stock beginning September 13, 2024. The company intends to begin repurchasing shares by early 2025. It also declared a regular quarterly dividend of $0.50 per common share, payable October 15, 2024, to stockholders of record at the close of business on September 30, 2024. This is an increase of 2 percent over the prior quarter. At this quarterly dividend rate, the annual dividend is equivalent to $2.00 per common share. U.S. Bancorp will utilize the share repurchase program at its discretion as it continues to monitor the economic environment
NEW YORK, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ:VLY), the holding company for Valley National Bank, announced that it will release its third quarter 2024 earnings before the market opens on Thursday, October 24, 2024. Valley's CEO, Ira Robbins will host a conference call on Thursday, October 24, 2024 at 11:00 AM (ET) to discuss Valley's third quarter 2024 earnings. Interested parties should pre-register using this link: https://register.vevent.com/register/BIe14e73c95b4346a8a409b87f700a6b50 to receive the dial-in number and a personal PIN, which are required to access the conference call. The teleconference will also be webcast live: https://edge.media-server
BUFFALO, N.Y., Sept. 5, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) plans to announce its third quarter 2024 earnings results in a press release that will be issued before the market opens on Thursday, October 17, 2024. Following the release, M&T will conduct a conference call and webcast at 8:00 a.m. (ET) to discuss the earnings results. The conference call and webcast may contain forward-looking statements and other material information. Domestic callers wishing to participate in the call may dial toll free (800) 347-7315. International participants, using a
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Citigroup analyst Paul Lejuez downgraded the rating for Lululemon Athletica Inc. (NASDAQ:LULU) from Buy to Neutral, while cutting the price target from $415 to $300. Lululemon shares settled at $272.06 on Wednesday. See how other analysts view this stock. See how other analysts view this stock. Argus Research analyst Kevin Heal downgraded Zions Bancorporation (NASDAQ:ZION) from Buy to Hold. Zions Bancorp shares closed at $50.98 on Wednesday. See how other analysts view this stock. B
Citizens Financial Group's (NYSE:CFG) short percent of float has risen 29.78% since its last report. The company recently reported that it has 12.01 million shares sold short, which is 3.53% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.51 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Sho
Wedbush analyst David Chiaverini maintains CVB Financial (NASDAQ:CVBF) with a Neutral and raises the price target from $18 to $21.
Citizens today announced it has become the Official Bank of the MGM Music Hall at Fenway and the presenting sponsor of CollegeFest Boston held at Citizens House of Blues. These new ventures reinforce Citizens' commitment to supporting live music and entertainment in Boston and will provide unique experiences for Citizens' customers, including exclusive ticket offerings, VIP experiences, insider events, and other special perks. "The addition of MGM Music Hall at Fenway to the Citizens Live portfolio and our support for CollegeFest are a natural extension of our commitment to some of the city's most beloved performing arts centers," said Lisa Murray, President, Citizens Massachusetts. "We va
Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp (NASDAQ:VLY), announces the closing of a $150 million five-year Senior Secured Term Loan Facility to Green Thumb Industries Inc. ("Green Thumb or the "Company") (CSE:GTII) (OTCQX:GTBIF), a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries. The Company intends to use the proceeds along with existing cash to retire its $225 million senior secured debt due April 30, 2025. Valley is the Sole Lead Arranger, Sole Bookrunner, and Administrative Agent for the deal in conjunction with a tailored syndicate of bank market investors. The transaction was arranged, structured, undertaken,
The Board of Directors of U.S. Bancorp (NYSE:USB) has authorized a share repurchase program for up to $5 billion of the company's outstanding common stock beginning September 13, 2024. The company intends to begin repurchasing shares by early 2025. It also declared a regular quarterly dividend of $0.50 per common share, payable October 15, 2024, to stockholders of record at the close of business on September 30, 2024. This is an increase of 2 percent over the prior quarter. At this quarterly dividend rate, the annual dividend is equivalent to $2.00 per common share. U.S. Bancorp will utilize the share repurchase program at its discretion as it continues to monitor the economic environment