NEW YORK, April 27, 2017 /PRNewswire/ --
Today's attention is on the Financial sector, which includes banks, thrifts and mortgage finance companies, specialized finance, consumer finance, asset management and custody banks, investment banking and brokerage, insurance, financial exchanges and mortgage REITs. Lined up for assessment on Stock-Callers.com this morning are: IBERIABANK Corp. (NASDAQ: IBKC), Texas Capital Bancshares Inc. (NASDAQ: TCBI), Cullen/Frost Bankers Inc. (NYSE: CFR), and Prosperity Bancshares Inc. (NYSE: PB). Learn more about these stocks by downloading their free report at:
On Wednesday, shares in Lafayette, Louisiana headquartered IBERIABANK Corp. recorded a trading volume of 981,528 shares, which was above their three months average volume of 526,930 shares. The stock ended the session 0.44% higher at $79.75. The Company's shares have gained 5.77% in the last one month. The stock is trading 7.12% above its 200-day moving average. Moreover, shares of IBERIABANK, which operates as the bank holding company for IBERIABANK that provides commercial and retail banking products and services in the US, have a Relative Strength Index (RSI) of 55.13.
On March 30th, 2017, IBERIABANK announced that it will release its Q1 2017 results after the close of business on Thursday, April 27th, 2017. The Company will also host a live conference call, beginning at 8:30 a.m. CT, on Friday, April 28th, 2017. The free research report on IBKC is available at:
Texas Capital Bancshares
Dallas, Texas headquartered Texas Capital Bancshares Inc.'s stock closed the day 1.81% higher at $78.70 with a total trading volume of 614,354 shares. The Company's shares have advanced 0.38% since the start of this year. The stock is trading 14.71% above its 200-day moving average. Additionally, shares of Texas Capital Bancshares, which operates as the bank holding company for Texas Capital Bank, National Association that provides various banking products and services for commercial businesses, and professionals and entrepreneurs, have an RSI of 44.53.
On April 20th, 2017, research firm Raymond James downgraded the Company's stock rating from 'Strong Buy' to 'Market Perform'.
On April 24th, 2017, Texas Capital Bancshares announced that its board of directors declared a cash dividend of $0.40625 per share of the non-cumulative perpetual preferred stock, Series A, which is traded on the NASDAQ under the symbol "TCBIP." The Series A Preferred Stock dividend is payable on June 15th, 2017 to shareholders of record at the close of business on June 01st, 2017. The complimentary report on TCBI can be downloaded at:
Shares in San Antonio, Texas headquartered Cullen/Frost Bankers Inc. recorded a trading volume of 865,561 shares, which was higher than their three months average volume of 495,490 shares. The stock ended yesterday's trading session 4.70% higher at $96.95. The Company's shares have advanced 15.13% in the past month, 5.27% in the previous three months, and 10.52% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 7.45% and 20.88%, respectively. Furthermore, shares of Cullen/Frost Bankers, which operates as the holding company for Frost Bank that offers commercial and consumer banking services in Texas, have an RSI of 69.25.
On April 06th, 2017, research firm Raymond James initiated a 'Market Perform' rating on the Company's stock. Visit us today and download our complete research report on CFR for free at:
Houston, Texas-based Prosperity Bancshares Inc.'s stock finished Wednesday's session 0.77% higher at $70.84. A total volume of 632,695 shares was traded, which was above their three months average volume of 443,900 shares. The Company's shares have advanced 4.68% in the last one month. The stock is trading above its 200-day moving average by 12.67%. Additionally, shares of Prosperity Bancshares, which operates as bank holding company for the Prosperity Bank that provides a range of retail and commercial banking services to small and medium-sized businesses, and consumers, have an RSI of 57.67.
On April 06th, 2017, research firm Raymond James downgraded the Company's stock rating from 'Outperform' to 'Market Perform'.
On April 26th, 2017, Prosperity Bancshares reported Q1 2017 earnings results. Net income was $68.565 million for the three months ended March 31st, 2017; net interest income before provision for credit losses was $152.435 million; net interest margin on a tax equivalent basis was 3.20%; noninterest income was $30.824 million; and noninterest expense was $78.062 million. Get free access to your technical report on PB 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 firstname.lastname@example.org. 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
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:
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