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Stock Market & Financial Investment News

News Breaks
December 1, 2011
07:55 EDTNARA, CLEC, BBCNNara Bancorp merger positive, says BMO Capital
BMO Capital believes that NARA's (NARA) merger with Center Financial (CLEC) gives the new combined entity a dominant position in the Korean American market. The firm thinks the combined bank- which is called BBCN (BBCN) - will have significant opportunity to gain market share. The firm reiterates an Outperform rating on NARA.
News For NARA;CLEC;BBCN From The Last 14 Days
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July 22, 2014
07:11 EDTBBCNBBCN Bancorp, Inc. raises quarterly dividend by 33.3% to 10c per share
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July 21, 2014
19:36 EDTBBCNBBCN Bancorp, Inc. reports Q2 EPS 28c, consensus 29c
The company reported Q2 Tier 1 leverage ratio of 11.66%. Nonperforming assets amounted to $107.2M at June 30, or 1.56% of total assets. Net loan charge-offs for Q2 totaled $1.8M and equaled 0.14% of average loans receivable on an annualized basis. Impaired loans totaled $124.2M at June 20. Book value per share for Q2 stood at $10.72, while tangible common equity per share stood at $9.34.

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