What's happening With These Banking Stocks? -- CenterState Bank, Hancock, IBERIABANK, and Pinnacle Financial Partners
NEW YORK, Feb. 27, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on CSFL, HBHC, IBKC, and PNFP which can be accessed for free by signing up to www.wallstequities.com/registration. Featured this morning on WallStEquities.com is the Regional Southeast Banking space, which, despite focusing on a narrow region of the US, is chock-full of dividend stocks. On average, companies in this industry tend to pay dividends that are in line with the wider market. Lined up for evaluation today are: CenterState Bank Corp. (NASDAQ: CSFL), Hancock Holding Co. (NASDAQ: HBHC), IBERIABANK Corp. (NASDAQ: IBKC), and Pinnacle Financial Partners Inc. (NASDAQ: PNFP). All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration
CenterState Bank
On Monday, shares in Winter Haven, Florida headquartered CenterState Bank Corp. saw a slight decline of 0.18%, ending the day at $27.79. The stock recorded a trading volume of 354,702 shares. The Company's shares have advanced 8.94% in the last month, 5.99% over the previous three months, and 10.94% over the past year. The stock is trading above its 50-day and 200-day moving averages by 5.46% and 8.28%, respectively. Moreover, shares of CenterState Bank, which operates as the holding company for CenterState Bank of Florida, N.A. that provides various consumer and commercial banking services to individuals, businesses, and industries in Florida, have a Relative Strength Index (RSI) of 64.56.
On February 01st, 2018, research firm Keefe Bruyette upgraded the Company's stock rating from 'Market Perform' to 'Outperform'. Get the full research report on CSFL for free by clicking below at: www.wallstequities.com/registration/?symbol=CSFL
Hancock Holding
Shares in Gulfport, Mississippi headquartered Hancock Holding Co. ended the day 0.94% higher at $53.80. A total volume of 829,067 shares was traded, which was above their three months average volume of 560,790 shares. In the previous three months and over the past year, the stock has gained 9.80% and 13.74%, respectively. The Company's shares are trading above their 50-day and 200-day moving averages by 2.45% and 10.53%, respectively. Furthermore, shares of Hancock, which operates as the bank holding company for Whitney Bank that provides a range of community banking services to commercial, small business, and retail customers, have an RSI of 54.31.
On February 22nd, 2018, Hancock announced that its banking subsidiary, Whitney Bank, has signed an agreement to sell its consumer finance company ("Harrison Finance") to First Tower Finance Company, LLC. Harrison Finance operates 35 offices located across Louisiana, Mississippi, Alabama, and Florida. Financial terms of the transaction were not disclosed. Today's complimentary research report on HBHC is accessible at: www.wallstequities.com/registration/?symbol=HBHC
IBERIABANK
At the close of trading on Monday, shares in Lafayette, Louisiana headquartered IBERIABANK Corp. finished flat at $83.45 with a total trading volume of 192,816 shares. The stock has advanced 1.71% in the last month and 13.38% over the previous three months. The Company's shares are trading above their 50-day and 200-day moving averages by 2.92% and 5.75%, respectively. Additionally, IBERIABANK's stock has an RSI of 53.31.
On February 22nd, 2018, IBERIABANK, in connection with its previously announced pending acquisition with Gibraltar Private Bank & Trust Co. ("Gibraltar"), reported the receipt of all necessary regulatory and Gibraltar shareholder approvals. At December 31st, 2017, Gibraltar had total assets equal to $1.6 billion, total loans of $1.5 billion, and total deposits of $1.1 billion. Register now for your free research document on IBKC at: www.wallstequities.com/registration/?symbol=IBKC
Pinnacle Financial Partners
Nashville, Tennessee headquartered Pinnacle Financial Partners Inc.'s shares recorded a trading volume of 265,044 shares at the end of yesterday's session. The stock closed the day 0.08% higher at $66.30. The Company's shares have advanced 3.59% in the past month and 1.14% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 1.40% and 2.88%, respectively. Additionally, shares of the Company, which operates as a bank holding company for Pinnacle Bank that provides various banking products and services in the US, have an RSI of 59.30.
On February 07th, 2018, Pinnacle Financial Partners more than tripled its previous record by bringing home 30 national and regional Greenwich Excellence Awards for 2017. Only one bank in the US earned more. This is the Firm's ninth year in the program and the first time that it was eligible for several of the national awards.
On February 16th, 2018, research firm Keefe Bruyette upgraded the Company's stock rating from 'Market Perform' to 'Outperform'. Click on the link below and see our free report PNFP at: www.wallstequities.com/registration/?symbol=PNFP
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