Research Reports Initiation on Financial Stocks -- First Midwest Bancorp, Synovus Financial, Boston Private Financial, and CVB Financial

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May 22, 2017, 06:55 ET

NEW YORK, May 22, 2017 /PRNewswire/ --

Stock-Callers.com revisits the Financial sector, which includes banks, thrifts and mortgage finance companies; specialized finance, consumer finance, asset management and custody banks; and investment banking and brokerage, insurance, financial exchanges and mortgage REITs. Under assessment this morning are: First Midwest Bancorp Inc. (NASDAQ: FMBI), Synovus Financial Corp. (NYSE: SNV), Boston Private Financial Holdings Inc. (NASDAQ: BPFH), and CVB Financial Corp. (NASDAQ: CVBF). Learn more about these stocks by downloading their free report at:

http://stock-callers.com/registration

First Midwest Bancorp

Last Friday, Itasca, Illinois headquartered First Midwest Bancorp Inc.'s stock climbed 1.09%, to close the day at $22.32. A total volume of 1.03 million shares was traded. The Company's shares are trading 0.55% above their 200-day moving average. Additionally, shares of First Midwest Bancorp, which operates as a bank holding company for First Midwest Bank that provides various banking products and services, have a Relative Strength Index (RSI) of 44.89.

On May 17^th, 2017, the Company announced that its Board of Directors approved an 11% increase in the quarterly cash dividend on its common stock to $0.10 per share. This quarterly cash dividend will be payable on July 11^th, 2017, to common stockholders of record on June 30^th, 2017, and will represent the 138^th consecutive cash dividend paid by the Company since its inception in 1983.

On May 19^th, 2017, research firm FIG Partners upgraded the Company's stock rating from 'Market Perform' to 'Outperform'. The free research report on FMBI is available at:

http://stock-callers.com/registration/?symbol=FMBI

Synovus Financial

Shares in Columbus, Georgia headquartered Synovus Financial Corp. rose 0.19%, finishing Friday's session at $41.22. The stock recorded a trading volume of 523,002 shares. The Company's shares have gained 0.70% since the start of this year. The stock is trading above its 200-day moving average by 8.51%. 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 47.43. The complimentary report on SNV can be downloaded at:

http://stock-callers.com/registration/?symbol=SNV

Boston Private Financial

Massachusetts headquartered Boston Private Financial Holdings Inc.'s stock finished 1.33% lower at $14.85 last Friday at the close. A total volume of 310,662 shares was traded. The Company's shares are trading above their 200-day moving average by 0.47%. Additionally, shares of Boston Private Financial, which operates as the bank holding company for Boston Private Bank & Trust Company that provides a range of banking services in the US, have an RSI of 39.92.

On April 27^th, 2017, the Company reported Q1 2017 GAAP net income of $15.7 million and diluted earnings per share of $0.17. Core fees and income for the quarter was $36.3 million, AUM was $28.7 billion, net interest income was $53.6 million, and net interest margin was 2.94%. The Company also reported total operating expense for Q1 2017 of $68.8 million, down 4% from $71.8 million for Q4 2016. Visit us today and download our complete research report on BPFH for free at:

http://stock-callers.com/registration/?symbol=BPFH

CVB Financial

Ontario, California headquartered CVB Financial Corp.'s shares ended the session 0.15% lower at $20.50. The stock recorded a trading volume of 778,720 shares, which was above its three months average volume of 421,280 shares. Shares of the Company are trading 1.01% above their 200-day moving average. Moreover, shares of CVB Financial, which operates as a bank holding company for Citizens Business Bank that provides various banking and trust services for businesses, professionals, and individuals, have an RSI of 38.09.

On April 25^th, 2017, CVB Financial announced earnings for the quarter ended March 31^st, 2017. Net earnings were $28.5 million, diluted earnings per share were $0.26, net interest income totaled $65.4 million, noninterest income was $8.7 million, and noninterest expense was $34.1 million for the quarter. Additionally, the Company reported total assets of $8.56 billion at March 31^st, 2017.

On May 19^th, 2017, research firm Hovde Group upgraded the Company's stock rating from 'Underperform' to 'Market Perform', with a target price of $21 per share. Get free access to your technical report on CVBF at:

http://stock-callers.com/registration/?symbol=CVBF

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