How These Banking Stocks are Faring? -- Sterling, Royal Bank of Canada, Bank of Nova Scotia, and Banco Santander-Chile
NEW YORK, April 4, 2017 /PRNewswire/ --
This morning, Stock-Callers.com has issued research reports on Sterling Bancorp (NYSE: STL), Royal Bank of Canada (NYSE: RY), The Bank of Nova Scotia (NYSE: BNS), and Banco Santander-Chile (NYSE: BSAC). These Money Center Banks raise most of their funds from domestic and international money marks, relying less on depositors for funds. Register now and get full and free access to our downloadable research reports on these stocks at:
http://stock-callers.com/registration
Sterling
On Monday, shares in Montebello, New York-based Sterling Bancorp recorded a trading volume of 1.81 million shares, which was above their three months average volume of 1.44 million shares. The stock ended at $23.25, declining 1.90% from the last trading session. The Company's shares are trading above their 200-day moving average by 15.15%. Furthermore, shares of Sterling Bancorp, which operates as the bank holding company for Sterling National Bank that provides various banking services to commercial, consumer, and municipal clients in the US, have a Relative Strength Index (RSI) of 44.15.
On March 09th, 2017, research firm Sandler O'Neill upgraded the Company's stock rating from 'Hold' to 'Buy'.
On March 20th, 2017, Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced that Thomas Pergola has joined its Commercial Banking team as Senior Vice President and Managing Director. Mr. Pergola will report to Ray Guanlao, Senior Manager Director and Team Leader at Sterling. Access our complete research report on STL for free at:
http://stock-callers.com/registration/?symbol=STL
Royal Bank of Canada
Toronto, Canada headquartered Royal Bank of Canada's stock finished yesterday's session 0.81% lower at $72.32. A total volume of 1.18 million shares was traded, which was above their three months average volume of 1.05 million shares. The Company's shares have gained 7.76% over the previous three months. The stock is trading above its 200-day moving average by 11.13%. Furthermore, shares of Royal Bank of Canada, which together with its subsidiaries, operates as a diversified financial service company worldwide, have an RSI of 47.16.
On March 22nd, 2017, Royal Bank of Canada confirmed its participation in the Women in Finance Charter. By signing the charter, the Company is underscoring its commitment to gender equality, and recruiting, retaining and advancing a diverse employee base. The complimentary research report on RY can be downloaded at:
http://stock-callers.com/registration/?symbol=RY
Bank of Nova Scotia
At the close of trading on Monday, shares in Halifax, Canada headquartered The Bank of Nova Scotia saw a slight correction of 0.41%, ending the day at $58.33. The stock recorded a trading volume of 945,533 shares, which was above its three months average volume of 737,450 shares. The Company's shares have advanced 5.77% in the previous three months. The stock is trading 8.44% above its 200-day moving average. Moreover, shares of Bank of Nova Scotia, which provides various personal, commercial, corporate, and investment banking services in Canada and internationally, have an RSI of 49.61.
On March 07th, 2017, research firm CIBC upgraded the Company's stock rating from 'Sector Perform' to 'Sector Outperform'.
On March 31st, 2017, Bank of Nova Scotia announced that it is donating USD$500,000 to help with the rescue, relief, and recovery efforts in Peru following the recent flooding and landslides. Register for free on Stock-Callers.com and get access to the latest PDF format report on BNS at:
http://stock-callers.com/registration/?symbol=BNS
Banco Santander-Chile
Santiago, Chile headquartered Banco Santander-Chile's shares ended the day 0.72% higher at $25.26. A total volume of 485,503 shares was traded, which was above their three months average volume of 440,130 shares. The stock has gained 10.84% in the last month and 15.50% on an YTD basis. The Company's shares are trading 10.93% above their 50-day moving average and 16.88% above their 200-day moving average. Additionally, shares of Banco Santander-Chile, which provides commercial and retail banking products and services in Chile, have an RSI of 75.03.
On March 24th, 2017, Banco Santander-Chile announced that its annual report on Form 20-F for the fiscal year ended December 31st, 2016 has been filed with the Securities and Exchange Commission. The 2016 annual report can be accessed by visiting either the SEC's website or the Company's website. Download your free research report on BSAC at:
http://stock-callers.com/registration/?symbol=BSAC
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