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First Republic Bank Grows Earnings, At A Cost
Friday, October 14, 2016 - 10:34am | 329First Republic Bank (NYSE: FRC) shares declined 4 percent following the company reporting its Q3 2016 results, with the EPS missing expectations due to higher expenses. Barclays’ Matthew J. Keating maintained an Overweight rating on the company, while lowering the price target from $84 to...
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Barclays: First Hawaiian Expensive, But Still A Buy
Monday, August 29, 2016 - 7:44am | 298The positives of First Hawaiian Inc (NASDAQ: FHB) include “its leadership position in Hawaii, steady organic growth, exemplary credit quality track record, highly efficient operating model, and opportunity to return excess capital to shareholders over time,” Barclays’ Matthew J...
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Barclays On Popular Bank: 'Island Life Can Be Tough Sometimes'
Thursday, June 23, 2016 - 10:03am | 294Given Popular Inc (NASDAQ: BPOP)'s excess capital and valuation discount to U.S. peers, Barclays’ Matthew J. Keating believes the stock offers an “interesting” intermediate term investment option. Keating initiated coverage of Popular with an Equal-Weight rating and price target...
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UPDATE: Barclays Upgrades Umpqua
Wednesday, July 9, 2014 - 10:06am | 173In a note released Wednesday, Barclays upgraded shares of Umpqua (NASDAQ: UMPQ) from Underweight to Equal-Weight. Analysts Matthew J. Keating and Jason M. Goldberg said that while they think UMPQ's 2015 EPS estimate is about eight percent too high, both analysts believe its valuation...