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Stock Market & Financial Investment News

News Breaks
June 9, 2014
07:23 EDTVLY, PACW, IBKC, COLB, UBSH, ONB, HBHC, BKU, WAL, PB, ISBC, EWBCKeefe Bruyette to hold a conference
U.S. Regional Leaders Bank Conference to be held in London, England on June 9.
News For BKU;COLB;EWBC;HBHC;IBKC;ISBC;ONB;PACW;PB;UBSH;VLY;WAL From The Last 14 Days
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April 20, 2015
15:37 EDTWALNotable companies reporting after market close
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07:33 EDTUBSHUnion Bankshares reports Q1 EPS 36c, consensus 38c
The Return on Average Tangible Common Equity was 9.67% and 9.11% for the quarters ended March 31, 2015 and December 31, 2014, respectively. Operating ROTCE for the quarter ended December 31, 2014 was 9.46%. The Return on Average Assets was 0.86% and 0.82% for the quarters ended March 31, 2015 and December 31, 2014, respectively. Operating ROA for the quarter ended December 31, 2014 was 0.85%. Average loan balances increased $140.5M, or 10.8% on an annualized basis, from December 31, 2014. Ending loan balances increased $41.8M, or 3.1% on an annualized basis, from December 31, 2014.
April 16, 2015
07:11 EDTPACWPacWest Bancorp reports Q1 adjusted EPS 61c, consensus 68c
Reports Q1 revenue $219.95M, consensus $209.63M. Reports Q1 net EPS 71c. Reports Q1 book value per share $34.29M. Reports Q1 Tier 1 capital ratio 12.35%. Reports Q1 net charge-offs 0.07%.
April 15, 2015
08:28 EDTIBKCMortgage names have positive read throughs from bank results, says SunTrust
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April 14, 2015
06:33 EDTPACWPacWest Bancorp appoints Patrick Rusnak as CFO
PacWest Bancorp announced that Victor R. Santoro intends to retire from his position as CFO of the Company effective in mid-August subsequent to the Company's filing of its Form 10-Q for the Q2. Following his retirement as CFO, Santoro will continue to work with the Company as Vice Chairman Corporate Development and assist with the transition of his CFO responsibilities. Santoro will be succeeded by Patrick J. Rusnak, who is expected to assume the roles of Executive Vice President and CFO upon Santoro's retirement as CFO of the Company in mid-August. Rusnak will join the Company on April 27as Executive Vice President and CFO of Pacific Western Bank. He most recently served as CFO for Sterling Financial.
April 10, 2015
10:00 EDTHBHCOn The Fly: Analyst Downgrade Summary
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06:49 EDTHBHCHancock Holding downgraded to Sell from Hold at Evercore ISI

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