[Wall Street Transcript] - 67 WALL STREET, New York - August 11, 2010 - The Wall Street Transcript has just published its Financial Services & Regional Bank Roundup offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
[PR Newswire] - The Board of Directors of S&T Bancorp, Inc. declared a $0.15 per share cash dividend at its regular meeting held July 19, 2010. The dividend is payable August 25, 2010 to shareholders of record on July 30, 2010.
The US Broad Dividend Achievers Index published by Mergent consists of 283 well established companies with consistent dividend payments in various sectors. Many of the financial stocks that performed poorly last year were eliminated from the index back in January during the annual reconstitution of the index. Currently 32 banks are represented in this index under the state commercial banks category.
The Top 25 publicly traded U.S. banks and thrifts were published by the ABA Bank Journal in May this year. These rankings were based on data as of December 31, 2008 and covers banks with assets over $3 Billion. Other criteria used to select the top performers are Return on Average Total Equity (ROAE) and Return on Average Total Assets (ROAA).
The following table lists these top banks with their current dividend yields, year-to-date change and the ratio of non-interest income to total revenues:
At the end of each trading week, Hillbent scans for the equity market for potential anomalies which exhibit extremely oversold and overbought conditions. Past observations have revealed that such candidates may experience reversal corrections to the upside or downside once the market reconfirms that their fundamentals remain solidly intact or relatively poor. From a contrarian perspective, these lists may also serve as a precursor to changes in institutional sentiment and underlying fundamentals.
(The purpose of this report is not to provide specific recommendations, but instead serve as a time-saving reference tool and starting point...
At the end of each trading week, Hillbent scans the equity market for potential anomalies which exhibit extremely oversold and overbought conditions. Past observations have revealed that such candidates may experience reversal corrections to the upside or downside once the market reconfirms that their fundamentals remain solidly intact or relatively poor. From a contrarian perspective, these lists may also serve as a precursor to changes in institutional sentiment and underlying fundamentals.
(The purpose of this report is not to provide specific recommendations, but instead serve as a time-saving reference tool and starting point for investment ideas as...
As a bit of an experiment, I decided to examine insider activity at a large group of commercial banks.I appraised over 230 different commercial banks for this survey and gathered my list of banks off of Motley Fool's tagged “commercial banks”.I did not examine some of the banks with extremely small market caps and I only examined a handful of banks that were not on this list, so it is by no means exhaustive, but it is a fairly large sample that should provide some ideas and insight.
I want to give a hat tip to TraderMark over at Fundmymutualfund.com for assembling this list. 2008 was a chaotic year, to say the least, and with indexes down huge on the year, there weren't many rays of light in the abyss known as the 2008 stock market.
The following though, is a list of some of best performing stocks for the year of 2008:
Bear market bounce. In a stunning turnaround, markets recovered from an early drop on Thursday and rallied to a strong close as bargain hunters got back into the market. The Dow Jones Industrial Average, which fell below 8,000 at its intraday low, gained 552.59 points and closed up 6.7% to 8,835.25. The S&P 500 and Nasdaq, both of which touched five-year lows during the trading session, closed up 6.9% and 6.5% respectively. Many investors hope yesterday's rally will prove late-October's stock market lows to be the trough of the bear...
Amidst turmoil in the financial sector this week and over the past year, the following is a list of Pennsylvania-based banks and financial services companies with market caps over $100M that have recorded stock price gains over the past year.
By Chip Brian Below are the top five companies in the Regional Banks industry as measured by the short interest ratio. A higher short interest ratio may indicate the potential for a sizeable short ...
The Berardi family of Irwin won the Bus' Backyard BBQ Sweepstakes sponsored by S&T Bank to have the former Pittsburgh Steeler host a cookout at their house. The guest list included 20 of the ...
Northfield Bancorp, Inc. (Staten Island, NY) (NFBK) [Chart - Analysis - News] established a new 52-week low yesterday at $11.43. Clearly investors are not enthusiastic about the firm's prospects ...
By Chip Brian Below are the top five companies in the Regional Banks industry as measured by the short interest ratio. A higher short interest ratio may indicate the potential for a sizeable short ...
S&t Bancorp Inc. has a market cap of $556.7 million; its shares were traded at around $20.13 with a P/E ratio of 16.9 and P/S ratio of 2.4. The dividend yield of S&t Bancorp Inc. stocks is 3%. Net ...
Oritani Financial Corp. (ORIT) [Chart - Analysis - News] established a new 52-week high yesterday at $10.04. Clearly investors are enthusiastic about the firm's prospects. The rally was ...
Manor Township supervisors asked S&T Bank's corporate office to reconsider downsizing the Manor Township branch on Pleasant View Drive to a drive-up and ATM-only facility. S&T executives responded ...
By NICOLE ROSER, nroser@indianagazette.net The Indiana Gazette and S&T Bank are teaming up to teach children how to handle their money. ``I feel it is very important in today's world to teach the ...
By Chip Brian Below are the top five companies in the Regional Banks industry as measured by the short interest ratio. A higher short interest ratio may indicate the potential for a sizeable short ...
July 22, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today's featured news.) -- The board of directors of S&T Bancorp, Inc. (NASDAQ: STBA | PowerRating) has ...
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