NEW YORK, November 14, 2016 /PRNewswire/ --
Ahead of today's trading session, Stock-Callers.com shifts its focus back on four Savings and Loans equities, namely: New York Community Bancorp Inc. (NYSE: NYCB), People's United Financial Inc. (NASDAQ: PBCT), Investors Bancorp Inc. (NASDAQ: ISBC), and BofI Holding Inc. (NASDAQ: BOFI). As per IBISWorld's Savings Banks & Thrifts market research report, over the next five years, industry revenue is expected to continue sinking as a result of the subprime crisis, declining consumer confidence, and increased competition. Download the free research reports on these stocks today:
New York Community Bancorp
New York Community Bancorp Inc.'s stock finished last Friday's session 2.36% higher at $15.20. A total volume of 5.33 million shares was traded, which was above their three months average volume of 3.88 million shares. The Company's shares have gained 10.78% in the past month and 7.83% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 6.73% and 4.22%, respectively. Additionally, shares of New York Community Bancorp, which operates as a holding company for New York Community Bank and New York Commercial Bank that offer banking products and financial services in Metro New York, New Jersey, Ohio, Florida, and Arizona, have a Relative Strength Index (RSI) of 69.88.
On October 26th, 2016, the company reported GAAP earnings of $125.3 million, or $0.26 per diluted share, for Q3 2016. The Company recorded total assets of $49.5 billion at the end of September, 2016, reflecting a $426.9 million increase from the June 30th, 2016 balance. See our free and comprehensive research report on NYCB at:
People's United Financial
On Friday, shares in Bridgeport, Connecticut headquartered People's United Financial Inc. ended the session 1.90% higher at $18.28. The stock recorded a trading volume of 4.77 million shares. The Company's shares have gained 19.86% in the last one month, 19.09% in the previous three months, and 18.30% on an YTD basis. The stock is trading 14.94% above its 50-day moving average and 20.08% above its 200-day moving average. Moreover, shares of People's United Financial, which operates as the bank holding company for People's United Bank, National Association that provides commercial banking, retail banking, and wealth management services to individual, corporate, and municipal customers, have an RSI of 85.31.
On November 2nd, 2016, the bank announced completion of the acquisition of Gerstein Fisher, a $3 billion, New York City-based investment management firm, by its subsidiary, People's Securities, Inc. The combined company brings People's United Wealth Management's total assets under administration to over $20 billion, of which approximately $8 billion is under discretionary management. PBCT free research report PDF is just a click away at:
Short Hills, New Jersey headquartered Investors Bancorp Inc.'s shares rose 2.33%, closing the session at $13.61. The stock recorded a trading volume of 3.30 million shares, which was above its three months average volume of 2.49 million shares. Shares of the Company have gained 16.28% in the last one month, 21.11% over the previous three months, and 11.87% on an YTD basis. The stock is trading 13.59% and 18.25% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Investors Bancorp, which operates as the holding company for Investors Bank that provides community banking products and services to individuals and businesses in the US, have an RSI of 84.09.
On October 27th, 2016, Investors Bancorp reported net income of $43.4 million, or $0.15 per diluted share, for the three months ended September 30th, 2016, compared to $48.8 million, or $0.15 per diluted share, for the three months ended September 30th, 2015. Total assets increased $817.7 million, or 4% to $22.54 billion at September 30th 2016, from $21.72 billion at June 30th, 2016. Sign up for your complimentary report on ISBC at:
On Friday, shares in San Diego, California-based BofI Holding Inc. recorded a trading volume of 1.50 million shares, which was above their three months average volume of 1.09 million shares. The stock ended the day 3.67% higher at $22.60. The Company's shares have advanced 2.03% in the past month, 24.11% over the previous three months, and 7.36% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 5.29% and 17.98%, respectively. Furthermore, shares of BofI Holding, which operates as the holding company for BofI Federal Bank that provides consumer and business banking products in the US, have an RSI of 62.49.
On October 27[h], 2016, BofI Holding announced that Q1 FY17 net income was $28.9 million, an increase of 13.3% over net income of $25.5 million for Q1 FY16. Return on average common stockholders' equity was 16.59% for the three months ended September 30, 2016. Register for free on Stock-Callers.com and download the latest research report on BOFI at:
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