OFG: Growing Loan Originations, Reduced NPAs and Favorable Balance Sheet Moves Help Offset NIM Pressures; Raising Target Price; Upgrading to Outperform Rating. OFG reported 2Q19 net income to common shareholders of $22.4 million, up 2.3% compared to the $21.8 million...
BMTC: NIM Compression Drives Reduced EPS Estimates, Reduced Target Price; Reiterating Outperform Rating. Bryn Mawr reported 2Q19 net income of $15.8 million, up $5.1 million or 47.8% compared to the $10.7 million recorded in 1Q19. On a per share basis, 2Q19 EPS was...
EGBN: Reducing EPS Estimates on Elevated Expense and Lower NIM Outlook, Despite Strong Loan Growth; Lowering Target Price; Reiterating Outperform Rating. Eagle Bancorp reported 2Q19 net income available to common shareholders of $37.2 million, up 10.4% from the $33.7...
WSFS: Efficiency and Profitability Gains Still Expected in 2H19; Reduced NIM Outlook Leads to Lower EPS Estimates; Reducing Target Price; Reiterating Outperform Rating. WSFS reported 2Q19 net income of $36.2 million, up $23.2 million or 178.0% compared to the $13.0...
Through September 6, 2019, SBA 504 loan originations are up 4.7% compared to the same period in the prior year, reaching $4.64 billion year-to-date in 2019 versus $4.43 billion during the same period in 2018. This reflects a deceleration in originations over the past...
