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Stock Market & Financial Investment News

News Breaks
February 5, 2013
12:22 EDTFSBK, CFNL, TCBI, BTFG, FNBNRegional banks climb after Fed governor positive on prospects
A number of regional bank stocks are climbing after Fed Governor Elizabeth Duke said, "The future of community banking is bright," according to a transcript of her remarks provided by the Fed. Most banks' credit metrics are improving, and their capital positions are stronger, said Duke. Bank shareholders should benefit as the economy rebounds, she added. In addition, more than ever before, officials are refraining from forcing community banks to adhere to the same regulations that large banks will be forced to follow, she stated. Meanwhile, small banks' share of deposits has increased slightly in rural areas over the past decade, Duke said. In early afternoon trading, BancTrust Financial (BTFG) rose 2% to $2.92, Cardinal Financial (CFNL) gained 2% to $16.41, FNB United (FNBN) climbed 1% to $11.18, Texas Capital Banchsares (TCBI) added 1% to $41.90, and First South Bancorp. (FSBK) rose 3.5% to $6.46.
News For BTFG;CFNL;FNBN;TCBI;FSBK From The Last 14 Days
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November 21, 2014
09:09 EDTTCBITexas Capital downgraded to Equal Weight from Overweight at Stephens
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November 17, 2014
07:11 EDTTCBIStephens to hold a field trip
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November 13, 2014
08:37 EDTTCBITexas Capital 2.5M share Spot Secondary priced at $60.20
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November 12, 2014
16:06 EDTTCBITexas Capital files to sell 2.5M shares of common stock
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