NEW YORK, December 1, 2016 /PRNewswire/ --
For today, Stock-Callers.com turns investors' attention to these Regional Mid-Atlantic Banking equities: Citizens Financial
Group Inc. (NYSE: CFG), BankUnited Inc. (NYSE: BKU), Synovus Financial Corp. (NYSE: SNV), and Signature Bank (NASDAQ: SBNY).
These companies belong to the Financials sector, which was mostly higher in afternoon trade on Wednesday,
November 30th, 2016, with the NYSE Financial Sector Index rising over 0.5%, and Financial companies in the
S&P 500 Index adding nearly 1.3% in value. Learn more about these stocks by downloading their comprehensive and free reports
at:
http://stock-callers.com/registration
Citizens Financial Group
Providence, Rhode Island headquartered Citizens Financial Group Inc.'s stock finished
Wednesday's session 3.46% higher at $33.51. A total volume of 7.34 million shares was traded, which
was above their three months average volume of 5.95 million shares. The Company's shares have surged 27.22% in the past month,
35.90% in the previous three months, and 30.54% on an YTD basis. The stock is trading 24.22% above its 50-day moving average and
44.61% above its 200-day moving average. Additionally, shares of Citizens Financial, which operates as the bank holding company
for Citizens Bank, N.A. and Citizens Bank of Pennsylvania, and provides consumer and commercial
banking services in the US, have a Relative Strength Index (RSI) of 79.80.
On October 21st, 2016, Citizens Financial reported Q3 2016 net income of $297 million, or $0.56 per diluted common share, up 35% and 40%, respectively,
from $220 million and $0.40 per diluted common share in Q3 2015. The
company's total revenue for Q3 2016 was $1.4 billion, increasing $171
million, or 14%, on a y-o-y basis. Net interest income in the reported quarter increased $89
million, or 10% from Q3 2015, reflecting the benefit of loan growth and an eight basis points improvement in the net
interest margin.
Yesterday, research firm Wedbush reiterated its 'Neutral' rating on the Company's stock with an increase of the target price
from $31 a share to $34 a share. CFG complete research report is just
a click away and free at:
http://stock-callers.com/registration/?symbol=CFG
BankUnited
On Wednesday, shares in Florida headquartered BankUnited Inc. recorded a trading volume of
507,928 shares. The stock ended the session 1.20% higher at $35.43. The Company's shares have
advanced 21.59% in the last one month, 10.99% over the previous three months, and 0.87% since the start of this year. The stock
is trading 14.63% above its 50-day moving average and 11.53% above its 200-day moving average. Moreover, shares of BankUnited,
which operates as the bank holding company for BankUnited, National Association that provides a range of banking services to
small and medium sized businesses, and individual customers in the US, have an RSI of 70.96.
On November 01st, 2016, Scott Lublin, Executive Vice President of BankUnited was
selected to lead the New York commercial real estate lending business for the bank effective
January 01st, 2017. Lublin will replace Sam Giarrusso who
will retire on that date. Lublin first worked with Giarrusso at M&T Bank nearly 20 years ago. Lublin came to BankUnited in
2013 as a senior Vice President.
On November 01st, 2016, research firm Hovde Group upgraded the Company's stock rating
from 'Underperform' to 'Market Perform'. The research firm also revised upwards its previous target price from $28 to $29. The complimentary report on BKU can be downloaded at:
http://stock-callers.com/registration/?symbol=BKU
Synovus Financial
Shares in Columbus, Georgia headquartered Synovus Financial Corp. closed the day 0.44% higher
at $38.71. The stock recorded a trading volume of 1.17 million shares, which was higher than its
three months average volume of 1.01 million shares. The Company's shares have gained 17.05% in the last month, 17.45% over the
previous three months, and 20.96% on an YTD basis. The stock is trading 13.14% and 24.42% above its 50-day and 200-day moving
averages, respectively. Additionally, shares of Synovus Financial, which operates as the bank holding company for Synovus Bank
that provides various financial products and services, have an RSI of 71.98.
On November 29th, 2016, research firm Keefe Bruyette downgraded the Company's stock
rating from 'Outperform' to 'Market Perform'. Sign up for your complimentary research report on SNV at:
http://stock-callers.com/registration/?symbol=SNV
Signature Bank
At the close, shares in New York headquartered Signature Bank ended at $149.91, up 0.27% from the last trading session. The stock recorded a trading volume of 730,036 shares, above
its three months average volume of 590,580 shares. The Company's shares have advanced 24.34% in the last one month and 22.87%
over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 18.50% and 16.30%,
respectively. Furthermore, shares of Signature Bank, which provides various business and personal banking products and services,
have an RSI of 77.38.
On November 14th, 2016, research firm Hovde Group downgraded the Company's stock
rating from 'Market Perform' to 'Underperform'. Get free access to your research report on SBNY at:
http://stock-callers.com/registration/?symbol=SBNY
--
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