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How These Banking Stocks are Faring? -- Associated Banc-Corp, Old National Bancorp, PrivateBancorp, and Commerce Bancshares

ASB, ONB, CBSH

PR Newswire

NEW YORK, May 3, 2017 /PRNewswire/ --

Stock-Callers.com has issued research reports on these four stocks: Associated Banc-Corp (NYSE: ASB), Old National Bancorp (NASDAQ: ONB), PrivateBancorp Inc. (NASDAQ: PVTB), and Commerce Bancshares Inc. (NASDAQ: CBSH). The Regional Midwest Banks industry include depository institutions that provide a wide range of financial services including deposits, loans, leases, mortgages, credit cards, and ATM services. Register now and get full and free access to our downloadable research reports on these stocks at:

http://stock-callers.com/registration

Associated Banc-Corp  

On Tuesday, shares in Green Bay, Wisconsin headquartered Associated Banc-Corp recorded a trading volume of 752,358 shares. The stock ended at $25.10, declining 0.59% from the last trading session. The Company's shares have gained 2.87% in the last one month and 2.09% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.48% and 12.66%, respectively. Furthermore, shares of Associated Banc-Corp, which provides various banking and nonbanking products to individuals and businesses primarily in Wisconsin, Illinois, and Minnesota, have a Relative Strength Index (RSI) of 55.59.

On April 20 th, 2017, Associated Banc-Corp reported net income, available to common equity, of $54 million, or $0.35 per common share, for the quarter ended March 31 st, 2017. Average loans of $20.1 billion grew $1.1 billion for Q1 2017; average deposits of $21.5 billion grew $891 million; net interest income of $180 million increased $8 million; and net interest margin of 2.84% improved from 2.81% in the year-ago same quarter. Access our complete research report on ASB for free at:

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


Old National Bancorp  

Evansville, Indiana headquartered Old National Bancorp's stock finished yesterday's session 0.88% lower at $16.95 with a total trading volume of 843,282 shares. The Company's shares are trading above their 200-day moving average by 6.72%. Shares of the Company, which operates as the holding company for Old National Bank that provides various financial services to individual and commercial customers in the US, have an RSI of 47.42.

On April 27 th, 2017, Old National Bancorp's Board of Directors declared the Company's quarterly cash dividend of $0.13 per share on its outstanding shares of common stock. The dividend is payable on June 15 th, 2017, to shareholders of record on June 01 st, 2017. For purposes of broker trading, the ex-date of the cash dividend is on May 30 th, 2017. The complimentary research report on ONB can be downloaded at:


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


PrivateBancorp  

At the close of trading on Tuesday, shares in Chicago, Illinois headquartered PrivateBancorp Inc. saw a slight drop of 0.02%, ending the day at $57.46. The stock recorded a trading volume of 899,452 shares. The Company's shares have advanced 5.14% in the previous three months and 6.05% since the start of this year. The stock is trading 13.10% 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 40.94.

On April 20 th, 2017, PrivateBancorp reported Q1 2017 earnings. Net income was $58.0 million, impacted by higher compensation expense and a lower effective tax rate, both at levels that are not expected to recur in the remainder of 2017. Total loans were $15.6 billion for the quarter, net interest margin was 3.30%, return on average assets was 1.17%, and return on average common equity was 12.0%. Register for free on Stock-Callers.com and get access to the latest PDF format report on PVTB at:

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


Commerce Bancshares  

Kansas City, Missouri headquartered Commerce Bancshares Inc.'s shares ended the day 0.38% lower at $55.33 with a total trading volume of 314,557 shares. The stock is trading 5.96% above its 200-day moving average. Shares of the Company, which operates as the holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses, have an RSI of 47.54.

On April 19 th, 2017, Commerce Bancshares announced that its Board of Directors declared a quarterly dividend of $0.225 per share on its common stock, payable June 26 th, 2017, to stockholders of record at the close of business on June 09 th, 2017. The Board also approved a dividend of $0.375 per depositary share on the Company's Series B non-cumulative perpetual preferred stock, payable June 01 st, 2017 to stockholders of record at the close of business on May 12 th, 2017. Download your free research report on CBSH at:

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

--

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