Financial Sector Most Volatile: Nationstar Mortgage Holdings (NYSE:NSM), RBPAA, Meridian Interstate Bancorp (NASDAQ:EBSB), Howard Bancorp (NASDAQ:HBMD)

Lewisville-based Nationstar Mortgage Holdings Inc. (NYSE:NSM) is facing scrutiny from New York’s top banking regulator over its loan servicing practices. Nationstar Mortgage Holdings Inc. (NYSE:NSM) stock opened at $30.50 in last session, and closed at $32.68, while the day range of Nationstar Mortgage Holdings Inc. (NYSE:NSM) stock is $30.40 – $33.68. The stock showed a positive weekly performance of 10.63%.

Royal Bancshares of Pennsylvania, Inc. (NASDAQ:RBPAA), parent company of Royal Bank America (“Royal Bank”), announced net income of $2.4 million and basic and diluted earnings per share of $0.14 for the three months ended December 31, 2013. Royal Bancshares of Pennsylvania, Inc. (NASDAQ:RBPAA) stock opened at $2.50 in last session, and closed at $2.68 by gaining 7.20%. The 52 week range of $1.16 – $3.50. Company’s market capitalization is $35.61 million.

Meridian Interstate Bancorp, Inc. (Nasdaq:EBSB), the holding company for East Boston Savings Bank, announced that its Board of Directors, together with the Board of Trustees of Meridian Financial Services, Incorporated (the “MHC”) and the Board of Directors of the Bank, have adopted a Plan of Conversion pursuant to which the Company will reorganize into a new stock holding company and will conduct a second-step stock offering of new shares of common stock. Meridian Interstate Bancorp, Inc. (NASDAQ:EBSB) stock increased 13.38% and finished the last session at $27.71. The EPS of the stock remained 0.62. Company’s market capitalization is $599.45 million.

Howard Bancorp Inc. (NASDAQ:HBMD) is a bank holding company for Howard Bank, a trust company operating as a commercial bank. The Bank is engaged in a general commercial banking business, making various types of loans and accepting deposits. It markets its financial services to small to medium-sized businesses and their owners, professionals, and high-net-worth individuals. Howard Bancorp Inc. (NASDAQ:HBMD) stock opened the session at $10.71, and closed the session at $11.79. The 52 week range of the Howard Bancorp Inc. (NASDAQ:HBMD) stock remained $6.10 – $19.99 and the day range was $10.40 – $11.91.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *