-
What's Going On With New York Community Bancorp Stock Today?
Monday, March 20, 2023 - 9:45am | 513New York Community Bancorp Inc (NYSE: NYCB) shares are trading higher Monday after the Federal Deposit Insurance Corporation (FDIC) announced NYCB subsidiary Flagstar Bank entered into a purchase agreement for Signature Bridge Bank. Multiple analysts upgraded the stock in the wake of...
-
KBW Analysts Positive On People's United Financial's Suffolk Bancorp Buy
Tuesday, June 28, 2016 - 3:58pm | 354KBW analysts are positive on People's United Financial, Inc. (NASDAQ: PBCT)'s planned acquisition of Suffolk Bancorp (NYSE: SCNB) for $402.3 million in an all-stock deal that would boost the former's Long Island presence. The Proposed Deal Suffolk Bank will add 28 branches, $2.3 billion of assets...
-
Analysts See Favorable Aspects To Berkshire Hills' New Acquisition
Tuesday, June 28, 2016 - 3:05pm | 252KBW analysts are positive on Berkshire Hills Bancorp, Inc. (NYSE: BHLB)'s move to acquire First Choice Bank, a private $1.1 billion bank based in Lawrenceville, New Jersey, for $111.7 million in an all-stock transaction. "This acquisition comes as a surprise to us as we were unaware of BHLB's...
-
KBW Analysts: Pay Attention To Bankwell Financial Now
Thursday, September 10, 2015 - 12:42pm | 223Bankwell Financial Group Inc (NASDAQ: BWFG) shares are down 14 percent year-to-date after touching a high of $21 on December 31, 2014. Keefe Bruyette & Woods analyst Collyn Gilbert upgraded the rating on the company from Market Perform to Outperform, while raising the price target from $...
-
Are These 3 Community Banks Investment Opportunities? Analysts Discuss
Saturday, February 21, 2015 - 3:29pm | 377Keefe, Bruyette & Woods analysts recently commented on three community banks. Analyst Brian Zabora anticipated a modest impact to earnings following CoBiz Financial Inc’s (NASDAQ: COBZ) announcement that its would close its investment banking subsidiary, Green Manning & Bunch, as...
-
Keefe, Bruyette & Woods Lowers Price Target On People's United Financial On 4Q14 Follow-Up
Tuesday, January 20, 2015 - 9:08am | 96In a report published Tuesday, Keefe, Bruyette & Woods analyst Collyn Gilbert reiterated a Market Perform rating on People's United Financial, Inc. (NASDAQ: PBCT), but lowered the price target from $14.00 to $13.50. In the report, Keefe, Bruyette & Woods noted, “Following People's 4Q14...
-
Keefe, Bruyette & Woods Maintains On Sterling Bancorp After Meeting With CEO
Friday, January 16, 2015 - 10:36am | 220In a report released Friday morning, research firm Keefe, Bruyette & Woods reiterated its Outperform rating and $15.50 target price on Sterling Bancorp (NYSE: STL) after meeting with its CEO Jack Kopnisky. The encounter reaffirmed the firm's confidence in the company, the report assured...
-
Keefe, Bruyette & Woods Reviews Estimates For Valley National Bancorp
Tuesday, December 30, 2014 - 9:01am | 111In a report published Tuesday, Keefe, Bruyette & Woods analyst Collyn Gilbert reiterated a Market Perform rating and $9.50 price target on Valley National Bancorp (NYSE: VLY). In the report, Keefe, Bruyette & Woods noted, “Valley sold a piece of NYC real estate for a $17.8 million pre-tax...
-
Keefe, Bruyette & Woods Sees Potential Long-Awaited Inflection Point For Brookline Bancorp
Wednesday, August 20, 2014 - 9:41am | 152In a report published Wednesday, Keefe, Bruyette & Woods analyst Collyn Gilbert reiterated a Market Perform rating and $10.00 price target on Brookline Bancorp (NASDAQ: BRKL). In the report, Keefe, Bruyette & Woods noted, “In the wake of BRKL's underperformance year to date, coupled with...
-
UPDATE: Keefe, Bruyette & Woods Downgrades Astoria Financial on Lower Balance Sheet Growth
Tuesday, March 18, 2014 - 8:09am | 112In a report published Tuesday, Keefe, Bruyette & Woods analyst Collyn Gilbert downgraded the rating on Astoria Financial (NYSE: AF) from Outperform to Market Perform, and lowered the price target from $17.00 to $15.50. In the report, Keefe, Bruyette & Woods noted, “We are transferring...
-
UPDATE: Keefe, Bruyette & Woods Upgrades Independent Bank Following Management Meetings
Friday, March 14, 2014 - 7:48am | 132In a report published Friday, Keefe, Bruyette & Woods analyst Collyn Gilbert upgraded the rating on Independent Bank (NASDAQ: INDB) from Market Perform to Outperform, and raised the price target from $40.00 to $44.00. In the report, Keefe, Bruyette & Woods noted, “This week, we spent time...
-
UPDATE: Keefe, Bruyette & Woods Upgrades Valley National Bancorp on Raised 2015 EPS Estimate
Wednesday, March 5, 2014 - 8:54am | 139In a report published Wednesday, Keefe, Bruyette & Woods analyst Collyn Gilbert upgraded the rating on Valley National Bancorp (NYSE: VLY) from Underperform to Market Perform, and raised the price target from $8.50 to $9.50. In the report, Keefe, Bruyette & Woods noted, “Following Valley's...