Research Reports Initiation on Financial Stocks -- First Midwest Bancorp, Synovus Financial, Boston Private Financial, and CVB Financial

NEW YORK, May 22, 2017 /PRNewswire/ --

Stock-Callers.com revisits the Financial sector, which includes banks, thrifts and mortgage finance companies; specialized finance, consumer finance, asset management and custody banks; and investment banking and brokerage, insurance, financial exchanges and mortgage REITs. Under assessment this morning are: First Midwest Bancorp Inc. (NASDAQ: FMBI), Synovus Financial Corp. (NYSE: SNV), Boston Private Financial Holdings Inc. (NASDAQ: BPFH), and CVB Financial Corp. (NASDAQ: CVBF). Learn more about these stocks by downloading their free report at:

http://stock-callers.com/registration

First Midwest Bancorp  

Last Friday, Itasca, Illinois headquartered First Midwest Bancorp Inc.'s stock climbed 1.09%, to close the day at $22.32. A total volume of 1.03 million shares was traded. The Company's shares are trading 0.55% above their 200-day moving average. Additionally, shares of First Midwest Bancorp, which operates as a bank holding company for First Midwest Bank that provides various banking products and services, have a Relative Strength Index (RSI) of 44.89.

On May 17^th, 2017, the Company announced that its Board of Directors approved an 11% increase in the quarterly cash dividend on its common stock to $0.10 per share. This quarterly cash dividend will be payable on July 11^th, 2017, to common stockholders of record on June 30^th, 2017, and will represent the 138^th consecutive cash dividend paid by the Company since its inception in 1983.

On May 19^th, 2017, research firm FIG Partners upgraded the Company's stock rating from 'Market Perform' to 'Outperform'. The free research report on FMBI is available at:

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

Synovus Financial  

Shares in Columbus, Georgia headquartered Synovus Financial Corp. rose 0.19%, finishing Friday's session at $41.22. The stock recorded a trading volume of 523,002 shares. The Company's shares have gained 0.70% since the start of this year. The stock is trading above its 200-day moving average by 8.51%. Furthermore, shares of Synovus Financial, which operates as the bank holding company for Synovus Bank that provides various financial products and services, have an RSI of 47.43. The complimentary report on SNV can be downloaded at:

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

Boston Private Financial  

Massachusetts headquartered Boston Private Financial Holdings Inc.'s stock finished 1.33% lower at $14.85 last Friday at the close. A total volume of 310,662 shares was traded. The Company's shares are trading above their 200-day moving average by 0.47%. Additionally, shares of Boston Private Financial, which operates as the bank holding company for Boston Private Bank & Trust Company that provides a range of banking services in the US, have an RSI of 39.92.

On April 27^th, 2017, the Company reported Q1 2017 GAAP net income of $15.7 million and diluted earnings per share of $0.17. Core fees and income for the quarter was $36.3 million, AUM was $28.7 billion, net interest income was $53.6 million, and net interest margin was 2.94%. The Company also reported total operating expense for Q1 2017 of $68.8 million, down 4% from $71.8 million for Q4 2016. Visit us today and download our complete research report on BPFH for free at:

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

CVB Financial  

Ontario, California headquartered CVB Financial Corp.'s shares ended the session 0.15% lower at $20.50. The stock recorded a trading volume of 778,720 shares, which was above its three months average volume of 421,280 shares. Shares of the Company are trading 1.01% above their 200-day moving average. Moreover, shares of CVB Financial, which operates as a bank holding company for Citizens Business Bank that provides various banking and trust services for businesses, professionals, and individuals, have an RSI of 38.09.

On April 25^th, 2017, CVB Financial announced earnings for the quarter ended March 31^st, 2017. Net earnings were $28.5 million, diluted earnings per share were $0.26, net interest income totaled $65.4 million, noninterest income was $8.7 million, and noninterest expense was $34.1 million for the quarter. Additionally, the Company reported total assets of $8.56 billion at March 31^st, 2017.

On May 19^th, 2017, research firm Hovde Group upgraded the Company's stock rating from 'Underperform' to 'Market Perform', with a target price of $21 per share. Get free access to your technical report on CVBF at:

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

--

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