Pre-Market Technical Scan on Banking Equities -- Cadence, F.N.B. Corp., First Horizon National, and Regions Financial
NEW YORK, Feb. 06, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on CADE, FNB, FHN, and RF which can be accessed for free by signing up to www.wallstequities.com/registration. Today, WallStEquities.com scans Cadence Bancorp. (NYSE: CADE), F.N.B. Corp. (NYSE: FNB), First Horizon National Corp. (NYSE: FHN), and Regions Financial Corp. (NYSE: RF). These companies are part of the Regional Southeast Banks space, which comprises small- to mid-sized banks that are located in Southeastern United States. On average, these companies tend to pay dividends that are in line with the wider market. All you have to do is sign up today for this free limited time offer by clicking the link below.
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Cadence Bancorp
On Monday, shares in Texas headquartered Cadence Bancorp. recorded a trading volume of 511,027 shares, which was above their three months average volume of 485,810 shares. The stock ended the session 0.15% higher at $26.58. The Company's shares have gained 5.94% over the previous three months. The stock is trading 0.06% above its 50-day moving average and 13.67% above its 200-day moving average. Moreover, shares of Cadence, which operates as a bank holding company for Cadence Bank, N.A. that provides commercial banking products and services to businesses, high net worth individuals, business owners, and retail customers in the US, have a Relative Strength Index (RSI) of 38.92.
On January 24th, 2018, Cadence's Board of Directors declared a quarterly cash dividend in the amount of $0.125 per share of common stock, representing an annualized dividend of $0.50 per share. The dividend will be paid on March 20th, 2018, to holders of record of the Class A common stock on March 01st, 2018. Get the full research report on CADE for free by clicking below at: www.wallstequities.com/registration/?symbol=CADE
F.N.B. Corp.
Pennsylvania headquartered F.N.B. Corp.'s stock closed the day 4.21% lower at $13.88. A total volume of 3.27 million shares was traded, which was above their three months average volume of 2.33 million shares. The Company's shares have advanced 0.07% in the past month and 2.66% in the previous three months. The stock is trading 0.91% above its 200-day moving average. Additionally, shares of F.N.B. Corp. have an RSI of 38.38.
On January 11th, 2018, F.N.B. Corp. announced the hiring of D. Bryant Mitchell as Executive Vice President of Capital Markets and Specialty Finance Businesses. In this newly created role, Mitchell will oversee a number of commercial banking business lines, including Capital Markets, Loan Syndications, Interest Rate Sales and Marketing, International Banking, Equipment Finance, and Small Business Administration Lending. He will be based in Pittsburgh, reporting to Robert Moorehead, Chief Wholesale Banking Officer. Free research on FNB can be accessed at: www.wallstequities.com/registration/?symbol=FNB
First Horizon National
Shares in Tennessee headquartered First Horizon National Corp. recorded a trading volume of 3.81 million shares. The stock ended yesterday's trading session 3.91% lower at $19.17. The Company's shares have advanced 2.68% in the previous three months. The stock is trading above its 200-day moving average by 4.09%. Furthermore, shares of the Company, which operates as the bank holding company for First Tennessee Bank National Association that provides various financial services in the US and internationally, have an RSI of 31.79.
On January 30th, 2018, First Horizon National announced that Candace Steele Flippin has joined as Executive Vice President and Chief Communications Officer. Steele Flippin will develop and lead communications across all areas of the Company. Her extensive experience in media relations and public relations aligns with the strategic priorities of First Horizon. Visit WallStEquities.com now and sign up for the free research on FHN at: www.wallstequities.com/registration/?symbol=FHN
Regions Financial
Alabama headquartered Regions Financial Corp.'s stock finished Monday's session 4.10% lower at $18.46. A total volume of 17.65 million shares was traded, which was above their three months average volume of 11.23 million shares. The Company's shares have advanced 5.25% in the last month, 17.50% over the previous three months, and 26.27% over the past year. The stock is trading above its 50-day and 200-day moving averages by 4.87% and 20.79%, respectively. Additionally, shares of Regions Financial have an RSI of 49.39.
On January 11th, 2018, Regions Bank, a subsidiary of Regions Financial, announced that Christopher Honn has joined its Healthcare group as Managing Director for Senior Housing, with an emphasis on clients operating assisted living and memory care facilities. He will be based in the Company's Chicago office.
On January 22nd, 2018, research firm Sandler O'Neill upgraded the Company's stock rating from 'Hold' to 'Buy'. The free technical report on RF is available at: www.wallstequities.com/registration/?symbol=RF
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