NEW YORK, January 4, 2017 /PRNewswire/ --
This morning, Stock-Callers.com takes note of the most recent performances of these Regional Mid-Atlantic Banks equities: Citizens Financial Group Inc. (NYSE: CFG), Synovus Financial Corp. (NYSE: SNV), BankUnited Inc. (NYSE: BKU), and Signature Bank (NASDAQ: SBNY). These companies belong to the Financials sector which extended their recent gains into the New Year on Tuesday, January 03rd, 2017, with the NYSE Financials Sector Index climbing over 0.6%, and Financials companies in the S&P 500 Index recording a 0.7% gain. Learn more about these stocks by downloading their comprehensive and free reports at:http://stock-callers.com/registration
At the close on Tuesday, shares in Providence, Rhode Island headquartered Citizens Financial Group Inc. rose 0.65%, ending the day at $35.86. The stock recorded a trading volume of 5.05 million shares. The Company's shares have advanced 4.30% in the last one month, 46.44% in the previous three months, and 0.65% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 13.34% and 44.48%, respectively. Moreover, shares of Citizens Financial, which operates as the bank holding company for Citizens Bank, N.A. and Citizens Bank of Pennsylvania, which provide consumer and commercial banking services in the US, have a Relative Strength Index (RSI) of 67.72.
On December 20th, 2016, Citizens Bank announced that it will offer digital lending capabilities to small business customers through a collaboration with Fundation Group LLC, a leading digitally-enabled lender and credit solutions provider to regional and community banks. This continues Citizens' strategy of leveraging innovative digital technologies that create better end-to-end customer experiences. The service is expected to be available in mid-2017.
On January 03rd, 2017, research firm Barclays reiterated its 'Equal Weight' rating on the Company's stock with an increase of the target price from $27 a share to $39 a share. CFG complete research report is just a click away and free at:
Shares in Columbus, Georgia headquartered Synovus Financial Corp. ended the day 0.24% higher at $41.18. A total volume of 1.01 million shares was traded, which was above their three months average volume of 934,920 shares. The stock has gained 4.75% in the past month, 28.43% in the previous three months, and 0.24% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 9.00% and 26.82%, respectively. Furthermore, shares of Synovus Financial, which operates as the bank holding company for Synovus Bank that provides various financial products and services, have an RSI of 67.18.
On December 06th, 2016, research firm Barclays upgraded the Company's stock rating from 'Underweight' to 'Equal Weight' while revising its previous target price from $32 a share to $41 a share.
On January 03rd, 2017, Synovus Financial's Board of Directors declared a dividend of $0.4921875 per share on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series C. The dividend will be payable on February 01st, 2017, to shareholders of record as of January 15th, 2017. The complimentary report on SNV can be downloaded at: http://stock-callers.com/registration/?symbol=SNV
On Tuesday, shares in Miami Lakes, Florida headquartered BankUnited Inc. finished 0.03% lower at $37.68 with a total trading volume of 751,194 shares. The stock has advanced 4.55% in the last one month and 26.92% over the previous three months. The Company's shares are trading above their 50-day and 200-day moving averages by 9.98% and 16.82%, respectively. Additionally, shares of BankUnited, which operates as the bank holding company for BankUnited, National Association that provides a range of banking services to small and medium sized businesses, and individual customers in the US, have an RSI of 65.66.
On December 06th, 2016, research firm Barclays upgraded the Company's stock rating from 'Equal Weight' to 'Overweight' while revising its previous target price from $32 a share to $40 a share.
On December 28th, 2016, BankUnited announced that its Board of Directors has declared a quarterly cash dividend of $0.21 per common share. The dividend will be payable on January 31st, 2017 to stockholders of record at the close of business on January 13th, 2017. Sign up for your complimentary research report on BKU at:
New York headquartered Signature Bank's shares recorded a trading volume of 422,976 shares at the end of yesterday's session. The stock closed the day 0.89% lower at $148.87. The Company's shares have advanced 26.84% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 5.77% and 14.09%, respectively. Additionally, shares of Signature Bank, which provides various business and personal banking products and services, have an RSI of 56.17. Get free access to your research report on SBNY at:
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