NEW YORK, August 29, 2016 /PRNewswire/ --
Stock-Callers.com is covering these four Regional Mid-Atlantic Banks: Citizens Financial Group Inc. (NYSE: CFG), BankUnited Inc. (NYSE: BKU), Synovus Financial Corp. (NYSE: SNV), and United Community Banks Inc. (NASDAQ: UCBI). These financial institutions provide financial services and products to individuals and businesses in the Mid-Atlantic region of the United States. Download the free research reports on these stocks today: http://stock-callers.com/registration
Citizens Financial Group
Providence, Rhode Island headquartered Citizens Financial Group Inc.'s stock rose 2.03%, finishing Friday's trading session at $24.12 and with a total volume of 6.16 million shares traded. The Company's shares have gained 8.02% in the last month and 2.80% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 11.52% and 7.80%, respectively. Additionally, shares of Citizens Financial Group, 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 77.11.
On August 25th, 2016, the company announced that its board of directors declared a semi-annual dividend on CFG's 5.500% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series A. A dividend of $27.50 per share is payable on October 6th, 2016 to shareholders of record at the close of business on September 21st, 2016. See our free and comprehensive research report on CFG at: http://stock-callers.com/registration/?symbol=CFG
Shares in Miami Lakes, Florida headquartered BankUnited Inc. ended the session at $31.33, climbing 1.56%. The stock recorded a trading volume of 878,005 shares. The Company's shares have gained 3.64% in the past month and are trading 2.80% above their 50-day moving average. Moreover, 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 65.69. BKU free research report PDF is just a click away at: http://stock-callers.com/registration/?symbol=BKU
On Friday, shares in Columbus, Georgia headquartered Synovus Financial Corp. recorded a trading volume of 896,570 shares. The stock rose 1.11%, closing the day at $32.65. The Company's shares have advanced 6.39% in the last one month, 1.80% in the previous three months, and 1.65% on an YTD basis. The stock is trading 7.82% above its 50-day moving average and 8.32% above its 200-day moving average. Additionally, 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 70.54.
On August 18th, 2016, Synovus Financial announced a definitive agreement to acquire Entaire Global Companies, Inc., an Atlanta-based specialty financial services company. Entaire is a private life insurance premium finance lender providing fully collateralized, non-mortality-based loans to commercial borrowers through its principal subsidiary, Global One. Under the terms of the agreement, Synovus will acquire Entaire for an up-front payment of $30 million in common stock and cash, with additional payments to Entaire's stockholders over the next three to five years based on Entaire's earnings. The transaction is expected to close in the beginning of Q4 2016, subject to customary closing conditions, including approval of Entaire stockholders. Synovus Financial is forecasting for immediate accretion to EPS, ROE, and ROA, with minimal dilution to tangible book value per share.
On August 23rd, 2016, research firm Wells Fargo downgraded the Company's stock rating from 'Market Perform' to 'Underperform'. Sign up for your complimentary report on SNV at: http://stock-callers.com/registration/?symbol=SNV
United Community Banks
Shares in Blairsville, Georgia-based United Community Banks Inc. recorded a trading volume of 719,035 shares, which was above their three months average volume of 578,050 shares. The stock ended the session at $20.48, climbing 1.29%. The Company's shares have gained 5.30% in the past month, 1.55% in the previous three months, and 5.87% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 7.29% and 8.45%, respectively. Furthermore, shares of United Community Banks, which operates as the bank holding company for United Community Bank that provides retail and corporate banking services to individuals and businesses, have an RSI of 73.02.
On August 10th, 2016, United Community Banks announced that its Board of Directors has appointed David C. Shaver, founder and CEO of Cost Segregation Advisors, LLC, and David H. Wilkins, a partner with the law firm Nelson Mullins Riley & Scarborough LLP, to serve as Board members, effective immediately. Register for free on Stock-Callers.com and download the latest research report on UCBI at: http://stock-callers.com/registration/?symbol=UCBI
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email email@example.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://stock-callers.com/legal-disclaimer/
CONTACT For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: Email: firstname.lastname@example.org Phone number: +44 330 808 3765 Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA