NEW YORK, May 16, 2017 /PRNewswire/ --
Regional Mid-Atlantic Banks offer various financial services and products to individuals and businesses. Although companies in
this industry offer an average dividend yield that is in-line with the wider market, their yield falls well below much of the
rest of the financial sector. Pre-market, Stock-Callers.com monitors these four stocks: Citizens Financial Group Inc. (NYSE:
CFG), United Bankshares Inc. (NASDAQ: UBSI), United Community Banks Inc. (NASDAQ: UCBI), and BankUnited Inc. (NYSE: BKU). You can
access our complimentary research reports on these stocks now at: http://stock-callers.com/registration
Citizens Financial
Shares in Providence, Rhode Island headquartered Citizens Financial Group Inc. rose 1.01%,
ending Monday's trading session at $37.02. The stock recorded a trading volume of 3.53 million
shares. The Company's shares have gained 11.80% in the last one month, 0.65% over the last three months, and 4.70% on an YTD
basis. The stock is trading 3.43% and 18.29% above its 50-day and 200-day moving averages, respectively. Moreover, shares of
Citizens Financial, which operates as the bank holding company for Citizens Bank, N.A. and Citizens Bank of Pennsylvania, which provide consumer and commercial banking services in the US, have a Relative Strength
Index (RSI) of 56.30.
On May 01 st, 2017, research firm Wedbush upgraded the Company's stock rating from
'Neutral' to 'Outperform' while revising its previous target price from $39 a share to $41 a share.
On May 09 th, 2017, Citizens Financial announced that Vice Chairman and Head of
Consumer Banking Brad Conner will present at the Deutsche Bank Global Financial Services Investor Conference on May 31 st, 2017, at 10:30 am ET in New York
City. The live webcast and presentation slides will be available under the Events & Presentations section of the
Company's website. Visit us today and download your complete report on CFG for free at: http://stock-callers.com/registration/?symbol=CFG
United Bankshares
Charleston, West Virginia headquartered United Bankshares Inc.'s stock climbed 1.04%, closing
the day at $38.85 with a total trading volume of 414,674 shares. The Company's shares have advanced
0.52% in the past month. The stock is trading 5.88% below its 200-day moving average. Additionally, shares of United Bankshares,
which operates as the bank holding company for United Bank and United Bank that provide commercial and retail banking services
and products primarily in the US, have an RSI of 36.58.
On April 24 th, 2017, United Bankshares announced the completion of its acquisition
of Cardinal Financial Corporation, a financial services holding company, with $4.3 billion in
assets, headquartered in Tysons Corner, Virginia. This transaction marks the 31st
acquisition the Company has completed under the current administration, and the tenth acquisition in the D.C. Metro region. The
complimentary research report on UBSI can be accessed at: http://stock-callers.com/registration/?symbol=UBSI
United Community Banks
On Monday, shares in Blairsville, Georgia-based United Community Banks Inc. recorded a
trading volume of 334,537 shares. The stock ended the day 1.76% higher at $27.81. The Company's
shares have advanced 8.51% in the past month. The stock is trading above its 50-day and 200-day moving averages by 1.21% and
10.35%, respectively. Furthermore, shares of United Community Banks, which operates as the bank holding company for United
Community Bank that provides retail and corporate banking services to individuals and businesses, have an RSI of 52.44.
On April 26 th, 2017, United Community Banks announced strong Q1 2017 results with
solid margin improvement, effective expense management, and sound credit quality. Net income for Q1 2017 was $23.5 million, net interest revenue totaled $83.6 million, net interest margin
was 3.45%, operating expenses were $62.8 million, and income tax expense totaled $18.5 million. The Company also reported return on assets of 0.89% and efficiency ratio of 59.3% for the
quarter.
On May 03 rd, 2017, research firm Hovde Group upgraded the Company's stock rating
from 'Market Perform' to 'Outperform', with a target price of $31 per share. Register for free on
Stock-Callers.com and download the PDF research report on UCBI at: http://stock-callers.com/registration/?symbol=UCBI
BankUnited
Miami Lakes, Florida headquartered BankUnited Inc.'s stock gained 0.64%, finishing
yesterday's session at $34.35 with a total trading volume of 659,945 shares. The Company's shares
are trading above their 200-day moving average by 0.65%. Shares of the Company, 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
and corporate customers in the US, have an RSI of 35.81.
On April 25 th, 2017, BankUnited announced financial results for the quarter ended
March 31st, 2017. The Company reported net income of $62.3 million, or $0.57 per diluted share; net interest income of $230.6 million; net interest
margin of 3.83%; total deposits of $19.9 billion; and book value per common share of $23.71 for the quarter.
On April 26 th, 2017, research firm Keefe Bruyette upgraded the Company's stock
rating from 'Market Perform' to 'Outperform'. Get free access to your research report on BKU at: http://stock-callers.com/registration/?symbol=BKU
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