NEW YORK, August 22, 2017 /PRNewswire/ --
If you want a Stock Review on UMPQ, ZION, BANC, or WAL then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. This morning's attention is redirected to the Regional Pacific Banks space, which includes depository institutions that operate in the Pacific region of a country. These banks provide a wide range of financial services including, deposits, loans, leases, mortgages, credit cards, and ATM services. Pre-market today, DailyStockTracker.com monitors the performances of Umpqua Holdings Corp. (NASDAQ: UMPQ), Zions Bancorp. (NASDAQ: ZION), Banc of California Inc. (NYSE: BANC), and Western Alliance Bancorp. (NYSE: WAL). Access DailyStockTracker.com's complimentary reports for today's stocks line-up at:
Shares in Portland, Oregon headquartered Umpqua Holdings Corp. saw a slight correction of 0.35%, ending Monday's trading session at $17.16. The stock recorded a trading volume of 741,062 shares. The Company's shares are trading 5.08% below their 200-day moving average. Moreover, shares of Umpqua, which through its subsidiaries, engages in the commercial and retail banking, and retail brokerage businesses, have a Relative Strength Index (RSI) of 34.46.
On August 17th, 2017, Pivotus Ventures Inc., a subsidiary of Umpqua, announced that CUA, Australia's largest credit union, has joined its international banking collaborative to transform the way financial institutions engage and serve customers. The addition of member-owned organization CUA marks the second global partner this month to join the Company, which also includes leading financial institutions from the US, UK, and continental Europe.
On August 18th, 2017, research firm SunTrust initiated a 'Buy' rating on the Company's stock. Visit us today and access your complete report on UMPQ for free at:
Salt Lake City, Utah headquartered Zions Bancorp's stock declined 0.87%, closing the day at $43.54 with a total trading volume of 1.46 million shares. The Company's shares have advanced 8.28% in the previous three months and 1.16% since the start of this year. The stock is trading 3.24% above its 200-day moving average. Additionally, shares of Zions Bancorp, which provides a range of banking and related services primarily in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming, have an RSI of 41.48.
On July 25th, 2017, Zions Bancorp reported Q2 2017 financial results. For Q2 2017, net earnings were $154 million; net interest income was $528 million; and net interest margin was 3.52%. For the quarter, total noninterest income was $132 million and noninterest expense was $405 million.
On August 16th, 2017, research firm Bank of America/ Merrill upgraded the Company's stock rating from 'Neutral' to 'Buy'. The complimentary research report on ZION can be accessed at:
Banc of California
On Monday, shares in Irvine, California headquartered Banc of California Inc. recorded a trading volume of 560,350 shares. The stock ended the day 0.27% higher at $18.55. The Company's shares have advanced 6.92% since the start of this year, and are trading below their 200-day moving average by 2.64%. Furthermore, shares of Banc of California, which operates as the bank holding company for Banc of California, National Association that provides banking products and services in the US, have an RSI of 31.55.
On August 18th, 2017, Banc of California announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per share on the Company's outstanding common stock. The dividend will be payable on October 02nd, 2017, to stockholders of record as of September 15th, 2017. Based on the trading price of $18.58 as of close of market on August 17th, 2017, the cash dividend resulted in an annualized dividend yield of 2.80%. Register for free on DailyStockTracker.com and download the research report on BANC at:
Western Alliance Bancorp
Phoenix, Arizona headquartered Western Alliance Bancorp.'s stock declined 0.62%, finishing yesterday's session at $46.68 with a total trading volume of 401,774 shares. The Company's shares have advanced 2.19% in the previous three months. The stock is trading below its 200-day moving average by 3.39%. Additionally, shares of Western Alliance, which operates as the holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada, have an RSI of 35.71. Get free access to your research report on WAL at:
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