MBFI Increases Dividend
On August 29th MBFI-MB Financial announced a $0.02 increase in their quarterly dividend to $0.12 per share. The dividend results in a 1.74% yield and equates to a near 25% payout ratio based on [...]
On August 29th MBFI-MB Financial announced a $0.02 increase in their quarterly dividend to $0.12 per share. The dividend results in a 1.74% yield and equates to a near 25% payout ratio based on [...]
As 3Q-2013 approaches two-thirds completion today, we remind investors on the relative difference in Banks’ Price-to-Tangible Book Valuations today versus the low-point reached way back in [...]
2015 EPS Estimates-Villaume Coverage Universe My 2015 EPS estimates are listed in the attached report. Overall, margin expansion should be a condition for improved net interest income at all of [...]
2015 EPS Estimates-Coffey Coverage Universe The 2015 EPS estimates for banks in my coverage universe reflect a normalization of earnings growth after several years of uneven recoveries. While I [...]
PB Update 8-30-13 On August 29th, PB-Prosperity Bancshares announced plans to acquire Tulsa-based F&M Bancorporation. This is PB’s 2nd deal in Oklahoma and will make the combined [...]
Last night, BXS- BancorpSouth, Inc. increased their common dividend to $0.05 from $0.01/share. The new dividend rate will be payable on October 1st. This news was mostly expected as the [...]
On Wednesday, The U.S. Bureau of Labor Statistics released the July 2013 MSA (metropolitan statistical area) employment report which tracks trends for 368 MSAs nationwide. We prefer to focus on [...]
HAFC-Hanmi Financial Corp announced Wednesday that its chief credit officer resigned earlier in the week. The company said Jung Hak Son left to pursue another professional opportunity. HAFC has [...]
SFST Initiation August 2013 We are establishing formal EPS estimates for SFST- Southern First Bancshares in 2014 ($1.00), 2015 ($1.25), and the two remaining quarters of 2013 ($0.25 & [...]
SIVB Dropping Coverage 8-28-13 We are dropping coverage of SIVB-SVB Financial Group due to a reallocation of company resources. Our final recommendation is “Market-Perform” and our [...]