Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Research Reports Initiation on Banking Stocks -- Umpqua, PacWest Bancorp, SVB Financial, and Cathay General Bancorp

CATY

PR Newswire

NEW YORK, October 12, 2016 /PRNewswire/ --

On Tuesday, October 11, 2016, the NASDAQ Composite ended the trading session at 5,246.79, down 1.54%; the Dow Jones Industrial Average lost 1.09%, to finish at 18,128.66; and the S&P 500 closed at 2,136.73, down 1.24%. With the market slipping back in bearish territories, Stock-Callers is reviewing the following Banking stocks: Umpqua Holdings Corporation (NASDAQ: UMPQ), PacWest Bancorp (NASDAQ: PACW), SVB Financial Group (NASDAQ: SIVB), and Cathay General Bancorp (NASDAQ: CATY). You can access of our complimentary research reports on these stocks now at:

http://stock-callers.com/registration

Umpqua  

On Tuesday, shares in Portland, headquartered Umpqua Holdings Corp. ended the session 0.84% lower at $15.36 with a total volume of 1.73 million shares traded. Umpqua Holdings' shares are trading 1.48% above its 200-day moving average. Moreover, shares of the Company, which through its subsidiaries, engages in the commercial and retail banking, and retail brokerage businesses, traded at a PE ratio of 15.27 and have a Relative Strength Index (RSI) of 53.43. Oregon Visit us today and download your complete report on UMPQ for free at:

http://stock-callers.com/registration/?symbol=UMPQ

PacWest Bancorp  

On Tuesday, shares in Beverly Hills, California-based PacWest Bancorp recorded a trading volume of 672,332 shares. The stock ended the day 0.62% lower at $43.33. PacWest Bancorp.'s stock has advanced 0.93% in the last one month, 6.73% in the previous three months and 1.51% in the past one year. Shares of the Company, which operates as the holding company for Pacific Western Bank that provides commercial banking products and services, traded at a PE ratio of 16.10. The Company's shares are trading above its 50-day and 200-day moving averages by 2.43% and 12.82%, respectively. Furthermore, shares of PacWest Bancorp have an RSI of 56.22.

On October 4th, 2016, research firm Wells Fargo downgraded the Company's stock rating from 'Outperform' to 'Market Perform'. The complimentary research report on PACW can be accessed at:


http://stock-callers.com/registration/?symbol=PACW


SVB Financial  

Santa Clara, California headquartered SVB Financial Group's stock declined 1.35%, to finish Tuesday's session at $118.64 with a total volume of 573,493 shares traded. Over the last one month and the previous three months, SVB Financial Group's shares have gained 10.32% and 20.81%, respectively. Shares of the Company, which provides various banking and financial products and services, traded at a PE ratio of 18.10. The stock is trading 10.34% and 16.24% above its 50-day and 200-day moving averages, respectively. SVB Financial Group's stock has an RSI of 67.20.

On September 16th, 2016, research firm JMP Securities initiated a 'Market Outperform' rating on the Company's stock. Register for free on Stock-Callers.com and download the PDF research report on SIVB at:

http://stock-callers.com/registration/?symbol=SIVB


Cathay General Bancorp  

Los Angeles, California headquartered Cathay General Bancorp's stock declined 1.08%, to close the day at $31.14. The stock recorded a trading volume of 340,978 shares. Shares of Cathay General Bancorp, which operates as the holding company for Cathay Bank that offers various commercial banking products and services for individuals, professionals, and small to medium-sized businesses in the US, have advanced 5.53% in the previous three months and 3.72% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 1.33% and 7.05%, respectively. Additionally, the stock traded at a PE ratio of 15.68 and has an RSI of 54.03. Get free access to your research report on CATY at:

http://stock-callers.com/registration/?symbol=CATY

--

Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://stock-callers.com/legal-disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP


CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today