How These Financial Stocks are Faring? -- IBERIABANK, Texas Capital Bancshares, Cullen/Frost Bankers, and Prosperity Bancshares

NEW YORK, March 9, 2017 /PRNewswire/ --

Today's research shifts the focus of Stock-Callers.com on IBERIABANK Corp. (NASDAQ: IBKC), Texas Capital Bancshares Inc. (NASDAQ: TCBI), Cullen/Frost Bankers Inc. (NYSE: CFR), and Prosperity Bancshares Inc. (NYSE: PB). These companies are part of the Financials sector, which turned mixed in late trade on Wednesday, March 08^th, 2017, with the NYSE Financials Sector Index declining 0.1%, giving back earlier gains, while Financials companies in the S&P 500 Index were climbing nearly 0.2% just before the closing bell. Register now and get full and free access to our downloadable research reports on these stocks at:
http://stock-callers.com/registration

IBERIABANK

Lafayette, Louisiana headquartered IBERIABANK Corp.'s stock finished Wednesday's session 1.64% lower at $81.00. A total volume of 840,103 shares was traded, which was above their three months average volume of 479,460 shares. The Company's shares are trading 13.03% above their 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 a Relative Strength Index (RSI) of 37.66.

On March 01^st, 2017, research firm Piper Jaffray downgraded the Company's stock rating from 'Overweight' to 'Neutral'.

On March 07^th, 2017, IBERIABANK announced the closing of its underwritten public offering of 6,100,000 shares of its common stock at a price to the public of $83.00 per share, for gross proceeds to the Company of approximately $506.3 million. The Company intends to use the proceeds of the offering to fund a portion of the approximately $803 million in cash consideration payable in connection with its announced acquisition of Sabadell United Bank, N.A., a wholly owned subsidiary of Banco de Sabadell, S.A., and to pay related fees and expenses. Access our complete research report on IBKC for free at:
http://stock-callers.com/registration/?symbol=IBKC

Texas Capital Bancshares

On Wednesday, shares in Dallas, Texas headquartered Texas Capital Bancshares Inc. recorded a trading volume of 470,878 shares, which was higher than their three months average volume of 466,030 shares. The stock ended the session 1.84% lower at $88.05. The Company's shares have advanced 3.59% in the last one month, 18.75% in the previous three months, and 12.31% on an YTD basis. The stock is trading 5.69% above its 50-day moving average and 40.14% 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 53.12.

On January 30^th, 2017, Texas Capital declared a cash dividend of $0.40625 per share of the non-cumulative perpetual preferred stock, Series A. The Series A Preferred Stock dividend is payable on March 15^th, 2017, to shareholders of record at the close of business on March 01^st, 2017. The complimentary research report on TCBI can be downloaded at:
http://stock-callers.com/registration/?symbol=TCBI

Cullen/Frost Bankers

San Antonio, Texas headquartered Cullen/Frost Bankers Inc.'s shares closed the day 1.18% lower at $91.78. The stock recorded a trading volume of 459,419 shares. The Company's shares have gained 3.88% in the last month, 8.84% over the previous three months, and 4.63% on an YTD basis. The stock is trading 2.23% and 21.11% above its 50-day and 200-day moving averages, respectively. 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 an RSI of 50.03.

On January 26^th, 2017, the Cullen/Frost Bankers' board of directors declared a Q1 cash dividend of $.54 per common share. The dividend is payable March 15^th, 2017, to shareholders of record on February 28^th, 2017. Register for free on Stock-Callers.com and get access to the latest PDF format report on CFR at:
http://stock-callers.com/registration/?symbol=CFR

Prosperity Bancshares

Shares in Houston, Texas-based Prosperity Bancshares Inc. finished 1.62% lower at $73.70. The stock recorded a trading volume of 347,468 shares. The Company's shares have advanced 2.04% in the last one month, 8.20% in the previous three months, and 2.67% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 0.55% and 22.91%, 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 47.80.

On January 25^th, 2017, Prosperity Bancshares reported net income for the quarter ended December 31^st, 2016, of $68.793 million, or $0.99 per diluted common share. Additionally, the Company's non-performing assets remain low at 0.25% of Q4 average earning assets. Download your free research report on PB at:
http://stock-callers.com/registration/?symbol=PB

Stock Callers:

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com . Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY 

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://stock-callers.com/legal-disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA