NEW YORK, December 20, 2016 /PRNewswire/ --
Regional Midwest Banks are depository institutions that provide a wide range of financial services including deposits, loans,
leases, mortgages, credit cards, and ATM services. Companies in this category tend to offer dividend yields that are in-line with
that of the wider market average. Pre-market, Stock-Callers.com presents four equities for review: Old National Bancorp. (NASDAQ:
ONB), PrivateBancorp Inc. (NASDAQ: PVTB), Chemical Financial Corp. (NASDAQ: CHFC), and MB Financial Inc. (NASDAQ: MBFI). These
stocks research reports can be downloaded now by simply registering for free at:
http://stock-callers.com/registration
Old National
Evansville, Indiana headquartered Old National Bancorp.'s stock finished Monday's session
0.56% higher at $17.90 with a total trading volume of 524,522 shares. The Company's shares have
advanced 4.68% in the past month, 30.66% over the previous three months, and 36.17% on an YTD basis. The stock is trading above
its 50-day and 200-day moving averages by 12.85% and 31.77%, respectively. Furthermore, 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 64.59.
On November 22nd, 2016, research firm Raymond James downgraded the Company's stock
rating from 'Outperform' to 'Market Perform'.
On December 05th, 2016, Old National announced several key changes within its
Corporate Finance Department effective immediately. The Company announced that Mark Gorski, who
currently leads Old National's Budget and Financial Planning area and Procurement team, will take on additional responsibilities
for Corporate Accounting, Tax and Facilities. Mark will assume the title of SVP, Director of Finance. Brendon Falconer, who leads Old National's Loss Share and Credit Management Information System areas, will
expand his responsibilities to include Treasury functions, assuming the title of SVP, Treasurer. Mike
Loyd will assume the role of VP, Assistant Treasurer. Jennifer Guzman will take on the new
role of SVP, Data Governance Manager in Old National's Enterprise Risk Department. Your complete research report on ONB can be
retrieved for free at:
http://stock-callers.com/registration/?symbol=ONB
PrivateBancorp
Shares in Chicago, Illinois headquartered PrivateBancorp Inc. ended at $53.01, up 0.66% from the last trading session. The stock recorded a trading volume of 410,650 shares. The
Company's shares have gained 14.96% in the last one month, 17.74% over the previous three months, and 29.35% since the start of
this year. The stock is trading 12.13% above its 50-day moving average and 21.59% above its 200-day moving average. Moreover,
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 70.95.
On December 07th, 2016, PrivateBancorp announced that the special meeting of
PrivateBancorp's stockholders to vote on the merger with Canadian Imperial Bank of Commerce, which had been scheduled for
December 08th, 2016, has been postponed. The Company expects a new record date for the
meeting to be set for early in Q1 2017. PVTB free report is just a click away at:
http://stock-callers.com/registration/?symbol=PVTB
Chemical Financial
Midland, Michigan headquartered Chemical Financial Corp.'s stock ended yesterday's session
0.66% higher at $53.47 with a total trading volume of 278,440 shares. The Company's shares have
advanced 5.33% in the past month, 21.28% in the previous three months, and 60.02% on an YTD basis. The stock is trading 11.72%
and 29.06% above its 50-day and 200-day moving averages, respectively. 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 61.49.
On October 25th, 2016, Chemical Financial announced net income of $10.7 million, or $0.21 per diluted share, for Q3 2016 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. Chemical Financial's return on average
shareholders' equity was 2.7% in Q3 2016 compared to 9.8% in Q3 2015. Sign up for your complimentary research report on CHFC
at:
http://stock-callers.com/registration/?symbol=CHFC
MB Financial
At the close on Monday, shares in Chicago, Illinois headquartered MB Financial Inc. recorded
a trading volume of 327,094 shares. The stock finished 0.96% higher at $46.48. The Company's shares
have gained 9.07% in the last one month, 23.28% over the previous three months, and 46.44% since the start of this year. The
stock is trading above its 50-day and 200-day moving averages by 14.89% and 26.32%, respectively. Furthermore, shares of MB
Financial, which operates as a bank holding company for MB Financial Bank, N.A. that provides financial services to small and
middle market businesses, and individuals in the US, have an RSI of 66.14. Register for free on Stock-Callers.com and download
the latest research report on MBFI at:
http://stock-callers.com/registration/?symbol=MBFI
--
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