BMTC: Reduced NIM Outlook Drives Lower EPS Estimates, Reduced Target Price; Downgrading to Neutral Rating. Bryn Mawr reported 3Q19 net income of $16.4 million, up $0.6 million or 3.7% compared to the $15.8 million recorded in 2Q19. On a per share basis, 3Q19 EPS was...
AUB: Despite NIM Pressures, Growth Expectations Intact; Reducing EPS Estimates but Raising Target Price; Reiterating Outperform Rating. Atlantic Union Bankshares Corporation (Atlantic Union, AUB, or the Company) reported 3Q19 net income of $53.2 million, up 9.0%...
Alden Investment Group, at about $300 million in assets under management, is expecting to add as many as three teams a quarter for the foreseeable future. As a deal-heavy year comes to a close for $300 million hybrid RIA Alden Investment Group, the Jenkintown,...
Prepared Remarks Operator Good morning. Thank you for joining OFG Bancorp’s Conference Call. My name is. Maria, and I’ll be your conference operator today. Our speakers are Jose Rafael Fernandez, President, Chief Executive Officer and Vice Chairman and...
SBA Loan and Rates Monitor Through August 9, 2019, SBA 504 loan originations are up 7.2% compared to the same period in the prior year, reaching $4.26 billion year-to-date in 2019 versus $3.98 billion during the same period in 2018. This reflects a substantial...
Yield Curve, Tariffs Still Driving Bank Stock Valuations. We got the big news everyone was expecting on Wednesday, with the FOMC cutting rates 25 bps. This move comes on the last day of a month with economic reports pointing in different directions. There were still a...
