Banking Stock Performance Review -- Commerce Bancshares, Fifth Third, First Financial, and First Midwest
NEW YORK, May 7, 2018 /PRNewswire/ -- If you want a free Stock Review on CBSH, FITB, FFBC, and FMBI sign up now at www.wallstequities.com/registration. Ahead of today's trading session, WallStEquities.com monitors Commerce Bancshares Inc. (NASDAQ: CBSH), Fifth Third Bancorp. (NASDAQ: FITB), First Financial Bancorp. (NASDAQ: FFBC), and First Midwest Bancorp Inc. (NASDAQ: FMBI). The Regional Midwest Banks industry comprises depository institutions that operate in one specific region of a country, in this case, the Midwest region of the United States. These banks provide a wide range of financial services including deposits, loans, leases, mortgages, credit cards, and ATM services. All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration
Commerce Bancshares
Missouri headquartered Commerce Bancshares Inc.'s shares rose 1.30%, finishing last Friday's session at $63.98. A total volume of 434,019 shares was traded. Over the last month and the previous three months, the stock has advanced 6.00% and 8.87%, respectively. Furthermore, the Company's shares have gained 19.77% over the past year. The stock is trading above its 50-day and 200-day moving averages by 4.99% and 13.07%, respectively. Additionally, shares of Commerce Bancshares, which operates as the holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses, have a Relative Strength Index (RSI) of 59.18.
On April 10th, 2018, research firm Raymond James upgraded the Company's stock rating from 'Underperform' to 'Market Perform'.
On May 02nd, 2018, Commerce Bank, a subsidiary of Commerce Bancshares, announced that Forbes recently published their 2018 America's Best Midsize Employers List, ranking the Bank #68 among a selection of 500 employers across the US that were also recognized on the list. This marks the second consecutive year the Bank has been named to the list. Get the full research report on CBSH for free by clicking below at: www.wallstequities.com/registration/?symbol=CBSH
Fifth Third Bancorp.
On Friday, shares in Cincinnati, Ohio headquartered Fifth Third Bancorp. ended the session 1.08% higher at $32.63. The stock recorded a trading volume of 5.37 million shares. The Company's shares have gained 0.93% in the last month and 30.99% over the past year. The stock is trading above its 50-day and 200-day moving averages by 0.02% and 9.10%, respectively. Moreover, shares of the Company, which operates as a diversified financial services company in the US, have an RSI of 50.69.
On April 30th, 2018, Fifth Third Bancorp. announced that Susan B. Zaunbrecher has joined as executive vice president and senior legal adviser, reporting to Chairman, President, and CEO Greg D. Carmichael. As part of the Bank's succession planning, Zaunbrecher has been hired with the intent of succeeding Jelena McWilliams as chief legal officer and corporate secretary, given that McWilliams is being considered to chair the Federal Deposit Insurance Corporation. Find your free research report on FITB at: www.wallstequities.com/registration/?symbol=FITB
First Financial Bancorp.
Cincinnati, Ohio headquartered First Financial Bancorp.'s stock climbed 2.29%, to close the day at $31.25. A total volume of 638,615 shares was traded, which was above their three months average volume of 595,930 shares. The Company's shares have advanced 7.20% in the last month, 9.46% over the previous three months, and 11.41% over the past year. The stock is trading 7.57% and 14.81% above its 50-day and 200-day moving averages, respectively. Additionally, shares of First Financial have an RSI of 61.45.
On April 23rd, 2018, research firm Hilliard Lyons downgraded the Company's stock rating from 'Buy' to 'Neutral', with a target price of $33 per share.
On April 24th, 2018, First Financial's board of directors declared a quarterly cash dividend of $0.19 per common share. The dividend is payable on June 15th, 2018 to shareholders of record as of June 01st, 2018. Sign up today for the free research report on FFBC at: www.wallstequities.com/registration/?symbol=FFBC
First Midwest Bancorp
Shares in Itasca, Illinois headquartered First Midwest Bancorp Inc. recorded a trading volume of 472,251 shares. The stock ended at $24.58, climbing slightly by 0.70% from the last trading session. The Company's shares have gained 6.64% over the past year. The stock is trading above its 200-day moving average by 3.15%. Furthermore, shares of the Company, which operates as a bank holding company for First Midwest Bank that provides various banking products and services, have an RSI of 46.08.
On May 03rd, 2018, First Midwest Bancorp announced that it will webcast its Annual Meeting of Stockholders, which will be held on May 16th, 2018, at 9:00 a.m. CT at the Chicago Marriott O'Hare Hotel, 8535 West Higgins Road, Chicago, Illinois. The live, listen-only webcast may be accessed under the Investor Relations section of the Bank's website. Wall St. Equities' research coverage also includes the downloadable free report on FMBI at: www.wallstequities.com/registration/?symbol=FMBI
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