01.02.2017 13:15:00

How These Banking Stocks are Faring? -- Hope Bancorp, Western Alliance, CVB Financial, and SVB Financial

NEW YORK, February 1, 2017 /PRNewswire/ --

Stock-Callers.com has issued research reports on the following Regional Pacific Banks stocks: Hope Bancorp Inc. (NASDAQ: HOPE), Western Alliance Bancorp. (NYSE: WAL), CVB Financial Corp. (NASDAQ: CVBF), and SVB Financial Group (NASDAQ: SIVB). These companies are part of the Financials sector, which improved from its mid-day lows on Tuesday, January 31st, 2017, but still fell after the US markets extended their decline and the Federal Open Markets Committee began two days of interest-rate talks. According to a report on NASDAQ, the NYSE Financials Sector Index dropped 0.3%, while Financials companies in the S&P 500 Index sank nearly 0.6%. Register now and get full and free access to our downloadable research reports on these stocks at:

http://stock-callers.com/registration

Hope Bancorp

Los Angeles, California headquartered Hope Bancorp Inc.'s stock finished Tuesday's session 0.48% lower at $20.91 with a total trading volume of 707,479 shares. The Company's shares have advanced 29.31% in the previous three months. The stock is trading 20.89% above its 200-day moving average. Additionally, shares of Hope Bancorp, which operates as the bank holding company for Bank of Hope that provides commercial banking services primarily to small- to medium-sized businesses and individuals in the US, have a Relative Strength Index (RSI) of 43.67.

On January 24th, 2017, Hope Bancorp announced that its Board of Directors declared a quarterly cash dividend of $0.12 per share. The dividend is payable on or about February 17th, 2017, to all stockholders of record as of the close of business on February 03rd, 2017.

On January 26th, 2017, research firm Keefe Bruyette downgraded the Company's stock rating from 'Outperform' to 'Market Perform'. Access our complete research report on HOPE for free at:

http://stock-callers.com/registration/?symbol=HOPE


Western Alliance

On Tuesday, shares in Phoenix, Arizona headquartered Western Alliance Bancorp recorded a trading volume of 857,606 shares, which was above their three months average volume of 708,560 shares. The stock ended the session 1.61% lower at $49.38. The Company's shares have advanced 0.96% in the last one month, 32.14% in the previous three months, and 1.38% on an YTD basis. The stock is trading 2.61% above its 50-day moving average and 26.19% above its 200-day moving average. Moreover, shares of Western Alliance, which operates as the bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada, have an RSI of 53.64.

On January 26th, 2017, Western Alliance reported net interest income of $175.3 million for Q4 2016, up 22.3%, compared to Q4 2015. The Company's net interest margin in Q4 2016 was 4.57%, down 4.67% compared to Q4 2015. Western Alliance's net income was $69.8 million for Q4 2016, up 19.3% from net income of $58.5 million for Q4 2015. EPS was $0.67 for Q4 2016 compared to $0.57 for Q4 2015. The complimentary research report on WAL can be downloaded at:


http://stock-callers.com/registration/?symbol=WAL


CVB Financial

Shares in Ontario, California headquartered CVB Financial Corp. closed the day 0.04% higher at $22.54. The stock recorded a trading volume of 389,474 shares. The Company's shares have surged 35.68% in the previous three months. The stock is trading 1.26% and 23.66% above its 50-day and 200-day moving averages, respectively. Additionally, shares of CVB Financial, which operates as the holding company for Citizens Business Bank that provides various banking and trust services for businesses, professionals, and individuals, have an RSI of 50.18.

On January 18th, 2017, CVB Financial reported net income of $27.1 million for Q4 2016 compared to $28.6 million for Q4 2015. Diluted earnings per share were $0.25 for Q4 2016 compared to $0.27 for Q4 2015. The Company's net income for Q4 2016 produced an annualized return on beginning equity of 10.74%, an annualized return on average equity of 10.60%, and an annualized return on average assets of 1.33%. Register for free on Stock-Callers.com and get access to the latest PDF format report on CVBF at:

http://stock-callers.com/registration/?symbol=CVBF


SVB Financial

At the close, shares in Santa Clara, California headquartered SVB Financial Group finished 1.44% lower at $172.23. The stock recorded a trading volume of 728,314 shares, which was higher than its three months average volume of 546,020 shares. The Company's shares have advanced 1.09% in the last one month, 40.39% over the previous three months, and 0.33% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 2.60% and 40.48%, respectively. Furthermore, shares of SVB Financial Group, which provides various banking and financial products and services, have an RSI of 51.11.

On January 26th, 2017, SVB Financial reported that consolidated net income available to common stockholders for Q4 2016 was $99.5 million, or $1.89 per diluted common share, compared to $ $87.5 million, or $1.68 per diluted common share, for Q4 2015. Download your free research report on SIVB at:

http://stock-callers.com/registration/?symbol=SIVB

--

Stock Callers:

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://stock-callers.com/legal-disclaimer/


CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


SOURCE Chelmsford Park SA

Nachrichten zu CVB Financial Corp.mehr Nachrichten

Keine Nachrichten verfügbar.

Analysen zu CVB Financial Corp.mehr Analysen

Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!

Aktien in diesem Artikel

CVB Financial Corp. 21,95 -1,13% CVB Financial Corp.
Hope Bancorp Inc 12,30 -1,05% Hope Bancorp Inc
SVB Financial Group 33,58 -68,11% SVB Financial Group
Western Alliance Bancorporation 80,77 -0,19% Western Alliance Bancorporation