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February 5, 2013
12:22 EDTBTFG, CFNL, FNBN, TCBI, FSBKRegional 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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July 23, 2014
16:23 EDTTCBITexas Capital reports Q2 EPS 71c, consensus 69c
Reports Q2 net interest income $115.41M, consensus $125.69M. Reports Q2 loan loss provision $3.36M vs. $6.80M a year ago. Reports Q2 net charge-offs $2.5M vs. $2.4M a year ago.
July 18, 2014
09:00 EDTFSBKFirst South Bancorp purchases new branch site in Lumberton, North Carolina
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