What's Happening With These Banking Stocks? -- Hope Bancorp, PacWest, SVB Financial, and Umpqua
NEW YORK, Feb. 15, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on HOPE, PACW, SIVB, and UMPQ which can be accessed for free by signing up to www.wallstequities.com/registration. Pre-market, WallStEquities.com features the Regional Pacific Banks space, which comprises depository institutions that provide a wide range of financial services, including, deposits, loans, leases, mortgages, credit cards, and ATM services. Four stocks have been lined up for assessment this morning, and they are: Hope Bancorp Inc. (NASDAQ: HOPE), PacWest Bancorp (NASDAQ: PACW), SVB Financial Group (NASDAQ: SIVB), and Umpqua Holdings Corp. (NASDAQ: UMPQ). All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
Hope Bancorp
Los Angeles, California headquartered Hope Bancorp Inc.'s stock finished Wednesday's session 1.72% higher at $18.36 with a total trading volume of 480,902 shares. The stock has gained 5.94% over the past three months. The Company's shares are trading above their 200-day moving average by 2.37%. Moreover, shares of Hope Bancorp, which operates as the bank holding company for Bank of Hope that provides commercial banking services primarily to small- to medium-sized businesses and individuals in the US, have a Relative Strength Index (RSI) of 51.65. Get the full research report on HOPE for free by clicking below at: www.wallstequities.com/registration/?symbol=HOPE
PacWest Bancorp
Shares in Beverly Hills, California-based PacWest Bancorp rose 3.35%, ending yesterday's session at $54.05 with a total trading volume of 475,402 shares. The stock has gained 19.58% in the previous three months. The Company's shares are trading above their 50-day and 200-day moving averages by 6.43% and 12.30%, respectively. Moreover, shares of PacWest Bancorp, which operates as the holding company for Pacific Western Bank, a state-chartered bank that provides commercial banking products and services, have an RSI of 62.92.
On January 22nd, 2018, research firm B. Riley FBR, Inc. reiterated its 'Neutral' rating on the Company's stock with an increase of the target price from $52 a share to $55 a share. Today's complimentary research report on PACW is accessible at: www.wallstequities.com/registration/?symbol=PACW
SVB Financial Group
On Wednesday, Santa Clara, California headquartered SVB Financial Group's stock saw a rise of 3.36%, to close the day at $247.49. A total volume of 482,330 shares was traded. The Company's shares have advanced 16.60% in the previous three months and 33.42% over the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 2.14% and 24.50%, respectively. Additionally, shares of SVB Financial, which provides various banking and financial products and services, have an RSI of 52.86.
On January 26th, 2018, research firm FIG Partners downgraded the Company's stock rating from 'Outperform' to 'Market Perform'. Register now for your free research document on SIVB at: www.wallstequities.com/registration/?symbol=SIVB
Umpqua Holdings
Shares in Portland, Oregon headquartered Umpqua Holdings Corp. ended the day 2.67% higher at $21.92. A total volume of 1.69 million shares was traded, which was above their three months average volume of 1.59 million shares. The stock has gained 14.29% over the last twelve months. The Company's shares are trading above their 50-day and 200-day moving averages by 2.01% and 12.86%, respectively. Furthermore, shares of Umpqua, which through its subsidiaries, engages in the commercial and retail banking, and retail brokerage businesses, have an RSI of 56.20. Click on the link below and see our free report UMPQ at: www.wallstequities.com/registration/?symbol=UMPQ
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