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Research Reports Coverage on Banking Stocks -- Old National Bancorp, Associated Banc-Corp, PrivateBancorp, and Chemical Financial

ONB, ASB

PR Newswire

NEW YORK, October 28, 2016 /PRNewswire/ --

Regional Midwest Banks are depository institutions that operate in the Midwest region of the US, and provide a broad range of financial services such as deposits, loans, leases, mortgages, credit cards, and ATM services. Ahead of today's trading session, Stock-Callers.com has lined up four equities for evaluation: Old National Bancorp. (NASDAQ: ONB), Associated Banc-Corp (NYSE: ASB), PrivateBancorp Inc. (NASDAQ: PVTB), and Chemical Financial Corp. (NASDAQ: CHFC). These stocks research reports can be downloaded now by simply registering for free at: http://stock-callers.com/registration

Old National Bancorp 

On Thursday, shares in Indiana headquartered Old National Bancorp recorded a trading volume of 513,422 shares. The stock ended the session 0.56% higher at $14.39. The Company's shares have gained 3.53% in the last one month, 10.38% in the previous three months, and 9.47% on an YTD basis. The stock is trading 3.33% above its 50-day moving average and 14.07% above its 200-day moving average. Moreover, shares of Old National Bancorp, which operates as the holding company for Old National Bank, which provides various financial services to individual and commercial customers in the US, have a Relative Strength Index (RSI) of 61.86.

On October 04th, 2016, Old National Bancorp announced that it will release details of its Q3 2016 earnings before the market opens on October 31st, 2016, and will hold a conference call with the financial community at 11:00 a.m. (Eastern) that same day to discuss these results, strategic developments and its financial outlook. Your complete research report on ONB can be retrieved for free at: http://stock-callers.com/registration/?symbol=ONB

Associated Banc-Corp  

Wisconsin headquartered Associated Banc-Corp's stock closed the day 0.50% higher at $19.95. A total volume of 799,578 shares was traded, which was above their three months average volume of 712,630 shares. The Company's shares have advanced 1.84% in the past month, 7.86% over the previous three months, and 8.33% since the start of this year. The stock is trading 2.10% above its 50-day moving average and 10.44% above its 200-day moving average. Additionally, shares of Associated Banc-Corp, which provides various banking and nonbanking products and services to individuals and businesses in Wisconsin, Illinois, and Minnesota, have an RSI of 57.86.

On October 26th, 2016, Associated Banc-Corp announced that James (Jim) Yee, executive vice president and chief information and operations officer, has announced his plans to retire in Q2 2017. In anticipation of Yee's retirement and succession, the company also announced that James (Jim) Payne has accepted the position of executive vice president and deputy chief information and operations officer effective October 25th, 2016. He will report to Yee and serve as a member of the executive committee. Payne has more than 30 years' of operations and technology experience, including 18 years within the financial services industry. ASB free report is just a click away at: http://stock-callers.com/registration/?symbol=ASB

PrivateBancorp  

Shares in Illinois headquartered PrivateBancorp Inc. recorded a trading volume of 323,058 shares, and ended yesterday's trading session 0.20% higher at $45.43. The stock has advanced 2.81% in the previous three months and 10.83% on an YTD basis. The Company's shares are trading above their 200-day moving average by 9.94%. Furthermore, shares of PrivateBancorp, which operates as the holding company for The PrivateBank and Trust Company that provides customized business and personal financial services to middle market companies, business owners, executives, entrepreneurs, and families in the US, have an RSI of 46.60.

On October 20th, 2016, PrivateBancorp reported net income of $48.9 million, or $0.60 per diluted share, for Q3 2016 compared to $45.3 million, or $0.57 per diluted share, for Q3 2015. During the reported quarter, total loans grew to $14.7 billion, up $1.6 billion from a year ago. Net interest margin was 3.18% in Q3 2016 compared to 3.23% for Q3 2015. Sign up for your complimentary research report on PVTB at: http://stock-callers.com/registration/?symbol=PVTB

Chemical Financial  

Michigan headquartered Chemical Financial Corp.'s stock finished Thursday's session 0.52% higher at $44.17 with a total trading volume of 373,916 shares. The Company's shares have advanced 7.37% over the previous three months and 31.50% since the start of this year. The stock is trading above its 200-day moving average by 14.99%. Additionally, shares of Chemical Financial, which operates as the financial holding company of Chemical Bank that offers banking and fiduciary products and services to residents and business customers in Michigan, have an RSI of 47.95.

On October 25th, 2016, Chemical Financial announced Q3 2016 net income of $10.7 million, or $0.21 per diluted share, compared to Q3 2015 net income of $24.5 million, or $0.64 per diluted share. The company's return on average assets was 0.35% during Q3 2016 compared to 1.05% in Q3 2015, while its return on average shareholders' equity was 2.7% in Q3 2016 compared to 9.8% in Q3 2015. Register for free on Stock-Callers.com and download the latest research report on CHFC at: http://stock-callers.com/registration/?symbol=CHFC

--

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