NEW YORK, August 31, 2016 /PRNewswire/ --
Stock-Callers.com takes a closer look at the Regional Pacific Banking industry in the financial sector. According to data from the St. Louis Fed, net interest margins for all U.S. banks in Q2 came in at 3.01%, which is their lowest rate in years. Let us now see how this morning's featured banks fared at the recent close: Umpqua Holdings Corp. (NASDAQ: UMPQ), PacWest Bancorp (NASDAQ: PACW), SVB Financial Group (NASDAQ: SIVB), and Cathay General Bancorp (NASDAQ: CATY). These stocks research reports can be downloaded now by simply registering for free at:
Portland, Oregon headquartered Umpqua Holdings Corp.'s stock finished Tuesday's session 0.99% higher at $16.33 with a total trading volume of 822,421 shares. The Company's shares have advanced 8.36% in the past month, 2.86% over the previous three months, and 4.89% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.88% and 5.77%, respectively. Furthermore, shares of Umpqua Holdings, which through its subsidiaries, engages in the commercial and retail banking, and retail brokerage businesses, have a Relative Strength Index (RSI) of 70.34. Your complete research report on UMPQ can be retrieved for free at:
On Tuesday, shares in Beverly Hills, California-based PacWest Bancorp ended the session at $42.94, up 1.39%. The stock recorded a trading volume of 1.06 million shares, which was above its three months average volume of 748,230 shares. The Company's shares have gained 7.07% in the last one month, 3.70% in the previous three months, and 3.79% since the start of this year. The stock is trading 6.48% above its 50-day moving average and 11.52% above its 200-day moving average. Moreover, shares of PacWest Bancorp, which operates as the holding company for Pacific Western Bank that provides commercial banking products and services, have an RSI of 66.69.
On August 22nd, 2016, DecisionPoint Systems announced that it has signed new commercial banking relationships with Union Bank combined with CapitalSource Business Financial Group, a division of Pacific Western Bank, a wholly-owned subsidiary of PacWest Bancorp (PACW), as the company's primary line-of-credit lender. DecisionPoint now has a three-year revolving line-of-credit of $6 million, at an interest rate of 1.25 points over the Prime Rate, a full 200 basis points lower than the former lender's rate. The line-of-credit is secured by substantially all of DecisionPoint's assets, similar to the previous lender relationship. PACW free report is just a click away at:
SVB Financial Group
Santa Clara, California headquartered SVB Financial Group's stock ended yesterday's session 1.53% higher at $111.42. A total volume of 621,488 shares was traded, which was above their three months average volume of 570,110 shares. The Company's shares have advanced 13.69% in the past month and 1.34% in the previous three months. The stock is trading 10.74% above its 50-day moving average and 6.68% above its 200-day moving average. Additionally, shares of SVB Financial Group, which provides various banking and financial products and services, have an RSI of 72.67.
On July 27th, 2016, Silicon Valley Bank, the California bank subsidiary of SVB Financial Group announced that it has entered into a corporate banking partnership with GENBAND™, a global leader in real-time communications solutions, to help support GENBAND's growth initiatives. In addition to providing domestic and international banking services, SVB acted as lead agent for a $50 million revolving credit facility to offer GENBAND additional working capital and enhanced financial flexibility. Sign up for your complimentary research report on SIVB at:
Cathay General Bancorp
At the close on Tuesday, shares in Los Angeles, California headquartered Cathay General Bancorp recorded a trading volume of 311,446 shares. The stock finished 0.58% higher at $31.44. The Company's shares have gained 5.65% in the last one month, 1.45% over the previous three months, and 1.62% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.07% and 6.75%, respectively. Furthermore, shares of Cathay General Bancorp, which operates as the holding company for Cathay Bank that offers various commercial banking products and services for individuals, professionals, and small to medium-sized businesses in the US, have an RSI of 68.16.
On August 18th, 2016, Cathay General Bancorp announced that its Board of Directors declared a cash dividend of eighteen cents per common share, payable on September 12th, 2016, to stockholders of record at the close of business on September 1st, 2016. Register for free on Stock-Callers.com and download the latest research report on CATY at:
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
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