19.01.2017 13:40:00
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How These Financial Stocks are Faring? -- Cullen/Frost Bankers, Texas Capital Bancshares, IBERIABANK, and Prosperity Bancshares
NEW YORK, January 19, 2017 /PRNewswire/ --
In today's pre-market research, Stock-Callers.com brings focus on four equities which are: Cullen/Frost Bankers Inc. (NYSE: CFR), Texas Capital Bancshares Inc. (NASDAQ: TCBI), IBERIABANK Corp. (NASDAQ: IBKC), and Prosperity Bancshares Inc. (NYSE: PB). These companies are a part of the Financials sector which ended with small gains on Wednesday, January 18th, 2017, reversing previous declines. As per a NASDAQ report, the NYSE Financials Sector Index rose 0.2%, while Financials companies in the S&P 500 Index were climbing over 0.7%. Register now and get full and free access to our downloadable research reports on these stocks at:
http://stock-callers.com/registration
Cullen/Frost Bankers
San Antonio, Texas headquartered Cullen/Frost Bankers Inc.'s stock finished Wednesday's session 1.11% higher at $86.63. A total volume of 650,682 shares was traded, which was above their three months average volume of 566,500 shares. The Company's shares have advanced 0.99% in the past month and 21.77% in the previous three months. The stock is trading 2.54% above its 50-day moving average and 22.78% above its 200-day moving average. Additionally, shares of Cullen/Frost Bankers, which operates as the holding company for Frost Bank that offers commercial and consumer banking services in Texas, have a Relative Strength Index (RSI) of 49.71.
On January 05th, 2017, research firm JP Morgan upgraded the Company's stock rating from 'Underweight' to 'Neutral'.
On January 17th, 2017, Cullen/Frost Bankers announced that it will host a conference call on January 25th, 2017, to discuss Q4 2016 and 2016 earnings at 10:00 a.m. CT. The earnings release for Cullen/Frost will be available at approximately 8:00 a.m. CT on the same day. Access our complete research report on CFR for free at:
http://stock-callers.com/registration/?symbol=CFR
Texas Capital Bancshares
On Wednesday, shares in Dallas, Texas headquartered Texas Capital Bancshares Inc. recorded a trading volume of 432,934 shares. The stock ended the session 2.08% higher at $78.35. The Company's shares have advanced 0.58% in the last one month and 41.81% over the previous three months. The stock is trading 5.33% above its 50-day moving average and 41.23% above its 200-day moving average. Moreover, shares of Texas Capital Bancshares, which operates as the bank holding company for Texas Capital Bank, National Association that provides various banking products and services for commercial businesses, and professionals and entrepreneurs, have an RSI of 51.68.
On January 04th, 2017, Texas Capital announced that its executive management will host a conference call and webcast to discuss Q4 2016 results on, January 25th, 2017, at 5:00 p.m. ET. The related press release will be issued at 4:00 p.m. ET. The complimentary research report on TCBI can be downloaded at:
http://stock-callers.com/registration/?symbol=TCBI
IBERIABANK
Lafayette, Louisiana headquartered IBERIABANK Corp.'s stock closed the day 0.31% lower at $80.70 with a total trading volume of 448,960 shares. The Company's shares have gained 19.79% in the previous three months. The stock is trading 20.79% above its 200-day moving average. Additionally, shares of IBERIABANK, which operates as the bank holding company for IBERIABANK that provides commercial and retail banking products and services in the US, have an RSI of 40.17.
On January 04th, 2017, IBERIABANK's Board of Directors announced the declaration of a semi-annual cash dividend on its 6.625% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series B, par value $1.00 per share. The declared cash dividend equated to approximately $0.8281 per Depositary Share outstanding, or $331.24 per share of Series B Preferred Stock outstanding. The cash dividend is payable on February 01st, 2017, to shareholders of record as on January 17th, 2017. Register for free on Stock-Callers.com and get access to the latest PDF format report on IBKC at:
http://stock-callers.com/registration/?symbol=IBKC
Prosperity Bancshares
At the close, shares in Houston, Texas-based Prosperity Bancshares Inc. finished 0.92% higher at $71.17. The stock recorded a trading volume of 237,550 shares. The Company's shares have advanced 1.38% in the last one month and 32.46% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 5.33% and 27.90%, respectively. Furthermore, shares of Prosperity Bancshares, which operates as bank holding company for the Prosperity Bank that provides a range of financial products and services to small and medium-sized businesses, and consumers, have an RSI of 51.93.
On December 20th, 2016, research firm FBR & Co. downgraded the Company's stock rating from 'Outperform' to 'Market Perform' while revising its previous target price from $65 a share to $73 a share.
On December 21st, 2016, Prosperity Bancshares announced that it has filed an automatic shelf registration statement with the SEC. The shelf registration statement permits Prosperity to offer, over the next three years, in one or more offerings, an indeterminate dollar amount of a variety of its securities, which may consist of common stock, preferred stock, debt securities, depositary shares, warrants or units consisting of any of the foregoing. Download your free research report on PB at:
http://stock-callers.com/registration/?symbol=PB
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Aktien in diesem Artikel
Cullen-Frost Bankers Inc | 131,00 | 2,34% | |
Prosperity Bancshares Inc. | 75,43 | -1,06% | |
Texas Capital Bancshares Inc. | 74,50 | 1,36% |