NEW YORK, February 9, 2017 /PRNewswire/ --
The Regional Mid-Atlantic Banks industry is the highlight of this morning's research, and Stock-Callers.com has lined up the following equities for assessment: Citizens Financial Group Inc. (NYSE: CFG), Synovus Financial Corp. (NYSE: SNV), BankUnited Inc. (NYSE: BKU), and United Bankshares Inc. (NASDAQ: UBSI). These stocks offer various financial services and products to individuals and businesses, and also offer dividend yields that fall well below much of the rest of the Financials sector. Learn more about these stocks by accessing their free research reports at:
Providence, Rhode Island headquartered Citizens Financial Group Inc.'s shares saw a drop of 3.39%, finishing Wednesday's trading session at $35.35. A total volume of 8.45 million shares was traded, which was above their three months average volume of 5.91 million shares. In the previous three months, the stock has advanced 29.75%. The Company's shares are trading above their 200-day moving average by 33.19%. Moreover, 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 44.75.
On February 07th, 2017, Citizens Bank announced that Citizens Commercial Banking is partnering with Opportunity Network to offer Citizens' clients access to an innovative business-to-business networking platform designed to promote growth by connecting business owners to a network of 13,500 CEOs and $35 billion of deal flow. Free research report on CFG is available at:
On Wednesday, shares in Columbus, Georgia headquartered Synovus Financial Corp. recorded a trading volume of 533,241 shares, and ended the session 0.80% lower at $41.17. The stock has gained 22.60% in the previous three months and 0.22% on an YTD basis. The Company's shares are trading 0.30% above their 50-day moving average and 20.99% above their 200-day moving average. 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 46.47.
On January 19th, 2017, Synovus Financial announced the appointment of F. Dixon Brooke Jr., to its Board of Directors, effective immediately. Brooke served more than eight years as President and CEO of EBSCO, a privately owned company based in Birmingham, AL, with operations in 23 countries and approximately $2.7 billion in annual revenues. Brooke currently serves as chairman of the advisory board of First Commercial Bank, the Birmingham division of Synovus Bank.
On February 02nd, 2017, research firm JMP Securities initiated a 'Market Perform' rating on the Company's stock. The complimentary research report on SNV can be downloaded at:
Shares in Miami Lakes, Florida headquartered BankUnited Inc. closed at $38.26, slightly down 0.16% from the last trading session. The stock recorded a trading volume of 982,198 shares, which was above its three months average volume of 852,020 shares. The Company's shares have gained 4.59% in the last one month, 29.95% over the previous three months, and 2.09% since the start of this year. The stock is trading 3.39% and 17.83% above its 50-day and 200-day moving averages, 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 56.17.
On January 25th, 2017, BankUnited reported net income of $63.3 million, or $0.59 per diluted share, for the quarter ended December 31st, 2016, compared to $56.3 million, or $0.52 per diluted share, for the quarter ended December 31st, 2015. For the year ended December 31st, 2016, the Company reported net income of $225.7 million, or $2.09 per diluted share. The Company reported net income of $251.7 million, or $2.35 per diluted share, for the year ended December 31st, 2015. Visit us today and access our complete research report on BKU at:
At the closing bell yesterday, shares in Charleston, West Virginia headquartered United Bankshares Inc. ended 1.15% lower at $43.15 with a total trading volume of 581,074 shares. The stock has advanced 13.16% in the previous three months. The Company's shares are trading above their 200-day moving average by 8.08%. Furthermore, shares of United Bankshares, which operates as the bank holding company for United Bank and United Bank that provide commercial and retail banking services and products primarily in the US, have an RSI of 38.80.
On January 31st, 2017, United Bankshares reported that for Q4 2016 earnings were $39.1 million, or $0.51 per diluted share, an increase from earnings of $33.5 million, or $0.48 per diluted share, for Q4 2015. The Company's Q4 2016 results produced an annualized return on average assets of 1.10% and an annualized return on average equity of 7.50%. Get free access to your research report on UBSI at:
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