Research Reports Initiation on Banking Stocks -- M&T Bank, Fulton Financial, Webster Financial, and Boston Private Financial
NEW YORK, March 15, 2017 /PRNewswire/ --
On Tuesday, March 14, 2017, US markets saw broad based losses with all nine sectors finishing the trading sessions in red. Major US indices were also bearish at the close of yesterday's session. The NASDAQ Composite ended the day at 5,856.82, down 0.32%; the Dow Jones Industrial Average edged 0.21% lower, to finish at 20,837.37; and the S&P 500 closed at 2,365.45, down 0.34%. This Wednesday morning, Stock-Callers.com looks at the performance of these four Regional - Northeast Banks stocks: M&T Bank Corporation (NYSE: MTB), Fulton Financial Corporation (NASDAQ: FULT), Webster Financial Corporation (NYSE: WBS), and Boston Private Financial Holdings Inc. (NASDAQ: BPFH). You can access our complimentary research reports on these stocks now at:
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M&T Bank
Buffalo, New York headquartered M&T Bank Corp.'s stock edged 0.29% higher, to close the day at $165.96. The stock recorded a trading volume of 534,467 shares. M&T Bank Corp.'s shares have gained 0.83% in the last one month, 8.12% in the previous three months, and 51.94% in the past one year. The Company's shares are trading 2.41% and 25.35% above its 50-day and 200-day moving averages, respectively. Shares of the Company, which operates as the holding company for Manufacturers and Traders Trust Company and Wilmington Trust, National Association that provide retail and commercial banking services, are trading at a PE ratio of 21.21. Additionally, the stock has a Relative Strength Index (RSI) of 52.96. Visit us today and download your complete report on MTB for free at:
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Fulton Financial
On Tuesday, shares in Lancaster, Pennsylvania headquartered Fulton Financial Corp. ended the session 0.53% higher at $18.85 with a total volume of 620,689 shares traded. Fulton Financial's shares have gained 2.17% in the last one month and 44.62% in the previous one year. Shares of the Company, which operates as a multi-bank financial holding company that provides banking and financial services to businesses and consumers, are trading at a PE ratio of 20.33. The stock is trading 0.78% above its 50-day moving average and 18.93% above its 200-day moving average. Moreover, the Company's shares have an RSI of 49.17. The complimentary research report on FULT can be accessed at:
http://stock-callers.com/registration/?symbol=FULT
Webster Financial
On Tuesday, shares in Waterbury, Connecticut headquartered Webster Financial Corp. recorded a trading volume of 476,500 shares. The stock ended the day 0.22% higher at $54.41. Shares of the Company, which operates as the holding company for Webster Bank, National Association that provides financial services to individuals, families, and businesses in the US, are trading at a PE ratio of 25.18. Webster Financial's stock has advanced 3.40% in the last one month and 0.85% in the previous three months. Furthermore, the stock has surged 52.23% in the past one year. The Company is trading above its 50-day and 200-day moving averages by 0.97% and 25.28%, respectively. Moreover, Webster Financial's shares have an RSI of 48.95. Register for free on Stock-Callers.com and download the PDF research report on WBS at:
http://stock-callers.com/registration/?symbol=WBS
Boston Private Financial
Massachusetts headquartered Boston Private Financial Holdings Inc.'s stock finished Tuesday's session flat at $16.85 with a total volume of 194,210 shares traded. Over the last one month and the previous three months, Boston Private Financial Holdings' shares have advanced 1.51% and 4.71%, respectively. Furthermore, the stock has surged 55.06% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 0.91% and 21.21%, respectively. Shares of Boston Private Financial Holdings, which operates as the bank holding company for Boston Private Bank & Trust Company that provides a range of banking services in the US, are trading at a PE ratio of 22.62. In addition, the stock has an RSI of 49.03. Get free access to your research report on BPFH at:
http://stock-callers.com/registration/?symbol=BPFH
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