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24.05.2017 12:20:00

Research Reports Initiation on Banking Stocks -- Umpqua, Zions Bancorp, Banc of California, and First Hawaiian

NEW YORK, May 24, 2017 /PRNewswire/ --

Stock-Callers.com has issued research reports on Umpqua Holdings Corp. (NASDAQ: UMPQ), Zions Bancorp. (NASDAQ: ZION), Banc of California Inc. (NYSE: BANC), and First Hawaiian Inc. (NASDAQ: FHB). Regional Pacific Banks provide a wide range of financial services including, deposits, loans, leases, mortgages, credit cards, and ATM services. Learn more about these stocks by downloading their free report at:

http://stock-callers.com/registration

Umpqua  

On Tuesday, shares in Portland, Oregon headquartered Umpqua Holdings Corp. recorded a trading volume of 1.06 million shares. The stock ended the session 1.09% higher at $17.59. The Company's shares are trading 1.87% above their 200-day moving average. Moreover, shares of Umpqua, which through its subsidiaries, engages in the commercial and retail banking, and retail brokerage businesses, have a Relative Strength Index (RSI) of 49.73.

On May 15th, 2017, Umpqua Bank, a subsidiary of Umpqua Holdings, announced that it has hired Kent Grubaugh to oversee the Company's wealth management division. In this role, Grubaugh will oversee and expand the private banking and investment management services the Company offers to high net worth individuals and families, professional services firms, and select non-profit organizations. The free research report on UMPQ is available at:

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

Zions Bancorp  

Salt Lake City, Utah headquartered Zions Bancorp's stock closed the day 2.81% higher at $41.34. A total volume of 3.03 million shares was traded, which was above their three months average volume of 2.82 million shares. The Company's shares are trading 0.46% and 8.39% above their 50-day and 200-day moving averages, respectively. Additionally, shares of Zions, which provides a range of banking and related services primarily in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming,  have an RSI of 56.20.

On May 04th, 2017, research firm Deutsche Bank upgraded the Company's stock rating from 'Hold' to 'Buy' while revising its previous target price from $45 a share to $46 a share.

On May 05th, 2017, Zions Bancorp announced that it will hold its meeting of shareholders on June 02nd, 2017, at 1:00 p.m. MDT. The meeting will be held at Zions Bancorporation's headquarters, One South Main Street, Salt Lake City, Utah. The live webcast of the meeting can be accessed on the Company's website. The complimentary report on ZION can be downloaded at:

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

Banc of California  

Shares in Irvine, California headquartered Banc of California Inc. recorded a trading volume of 452,316 shares. The stock ended yesterday's trading session 0.49% higher at $20.50. The Company's shares have advanced 5.13% in the previous three months and 18.16% on an YTD basis. The stock is trading above its 200-day moving average by 10.79%. Furthermore, shares of Banc of California, which operates as the bank holding company for Banc of California, National Association that provides banking products and services in the US, have an RSI of 46.97.

On May 04th, 2017, research firm FBR & Co. reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $25 a share to $24 a share.

On May 18th, 2017, Banc of California announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per share on its outstanding common stock. The dividend will be payable on July 03rd, 2017 to stockholders of record as of June 15th, 2017. Based on the trading price of $20.10 as of close of market on May 17th, 2017, the cash dividend results in an annualized dividend yield of 2.59%. Visit us today and download our complete research report on BANC for free at:

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

First Hawaiian  

Honolulu, Hawaii headquartered First Hawaiian Inc.'s stock finished Tuesday's session 1.62% higher at $28.90 with a total trading volume of 248,485 shares. The Company's shares are trading below their 50-day moving average by 2.38%. Shares of the Company, which operates as a bank holding company for First Hawaiian Bank that provides a range of banking services to consumer and commercial customers, have an RSI of 46.65.

On April 26th, 2017, Gregg Hirano, senior vice president and Card Services Division manager of First Hawaiian Bank, a subsidiary of First Hawaiian, announced that customers using Android mobile devices now have a digital wallet solution for their personal credit or debit Mastercard cards. The First Hawaiian Bank Masterpass digital wallet is a secure, contactless, and online payments solution that provides secure and convenient check out when shopping in-store, in-app, or online at participating merchants. Get free access to your technical report on FHB at:

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

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Aktien in diesem Artikel

Banc of California Inc 16,10 3,87% Banc of California Inc
First Hawaiian Inc 27,90 2,24% First Hawaiian Inc
Zions Bancorporation 56,11 -0,57% Zions Bancorporation