Research Reports on Savings & Loans Equities -- New York Community Bancorp, People's United Financial, Northwest Bancshares, and Washington Federal
NEW YORK, February 15, 2017 /PRNewswire/ --
The Savings and Loans industry includes a wide variety of traditional savings and loans institutions that offer various banking services to consumers. Though the range of dividend yields is quite wide, the payouts from these companies tend to fall in-line with the wider market average. Pre-market, Stock-Callers.com scans the performances of these four stocks: New York Community Bancorp Inc. (NYSE: NYCB), People's United Financial Inc. (NASDAQ: PBCT), Northwest Bancshares Inc. (NASDAQ: NWBI), and Washington Federal Inc. (NASDAQ: WAFD). Learn more about these stocks by accessing their free research reports at:
http://stock-callers.com/registration
New York Community Bancorp
On Tuesday, shares in New York-based New York Community Bancorp Inc. recorded a trading volume of 4.77 million shares, which was above their three months average volume of 4.76 million shares. The stock ended the day at $15.30, climbing 1.32% from the last trading session. The Company's shares have advanced 1.82% in the previous three months. The stock is trading above its 200-day moving average by 4.03%. Furthermore, shares of New York Community Bancorp, which operates as a holding company for New York Community Bank and New York Commercial Bank that offer banking products and financial services in Metro New York, New Jersey, Ohio, Florida, and Arizona, have a Relative Strength Index (RSI) of 49.80.
On January 25th, 2017, New York Community recorded net interest income of $315.52 million for Q4 2016, in contrast to a net interest loss of $449.20 million in Q4 2015. The Company reported net income of $113.7 million, or $0.23 per diluted share, for Q4 2016 compared to a net loss of $404.81 million, or $0.87 per diluted share, in Q4 2015.
On January 26th, 2017, research firm FBR & Co. reiterated its 'Underperform' rating on the Company's stock with a decrease of the target price from $15 a share to $14 a share. Free research report on NYCB is available at:
http://stock-callers.com/registration/?symbol=NYCB
People's United Financial
Connecticut headquartered People's United Financial Inc.'s stock rose 1.33%, finishing yesterday's session at $19.11 with a total trading volume of 2.80 million shares. The Company's shares have gained 5.48% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 0.41% and 16.67%, respectively. Additionally, shares of People's United Financial, which operates as the bank holding company for People's United Bank, National Association that provides commercial banking, retail banking, and wealth management services to individual, corporate, and municipal customers, have an RSI of 55.69.
On February 06th, 2017, People's United announced that the Office of the Comptroller of the Currency has approved the merger of Suffolk County National Bank, of Riverhead, NY with and into People's United. The transaction remains subject to the approval of the Board of Governors of the Federal Reserve System. The complimentary research report on PBCT can be downloaded at:
http://stock-callers.com/registration/?symbol=PBCT
Northwest Bancshares
Shares in Pennsylvania headquartered Northwest Bancshares Inc. ended the session 0.63% higher at $17.59. The stock recorded a trading volume of 365,944 shares. The Company's shares have gained 0.83% in the previous three months. The stock is trading 12.26% above its 200-day moving average. Moreover, shares of Northwest Bancshares, which operates as a bank holding company for Northwest Savings Bank that offers various personal and business banking solutions in the US, have an RSI of 55.88.
On January 23rd, 2017, Northwest announced net income for Q4 2016 of $24.5 million, or $0.24 per diluted share, representing an increase of 51.3%, compared to net income of $16.2 million, or $0.16 per diluted share, for Q4 2015. The annualized returns on average shareholders' equity and average assets for Q4 2016 were 8.37% and 1.01%, respectively. Visit us today and access our complete research report on NWBI at:
http://stock-callers.com/registration/?symbol=NWBI
Washington Federal
At the closing bell on Tuesday, Washington headquartered Washington Federal Inc.'s stock gained 1.64%, finishing at $34.10. A total volume of 399,723 shares was traded. The Company's shares have advanced 1.35% in the last month, 12.77% over the previous three months, and 0.46% on an YTD basis. The stock is trading 1.56% and 23.52% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Washington Federal, which operates as the bank holding company for Washington Federal, National Association that provides financial services in the US, have an RSI of 58.38.
As per a SEC filing dated January 24th, 2017, Washington entered into a Transition Agreement with Roy M. Whitehead, the Company's CEO on January 23rd, 2017. Mr. Whitehead will continue to serve as the CEO of both the Company and the Bank through March 31st, 2017, at which point he will resign as CEO and transition to the position of Executive Chairman of the Board of Directors of the Company and the Bank. Get free access to your research report on WAFD at:
http://stock-callers.com/registration/?symbol=WAFD
--
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 [email protected]. 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: [email protected]
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
Share this article