Regional Northeast Banks: Susquehanna Bancshares (NASDAQ:SUSQ), Fulton Financial (NASDAQ:FULT), M&T Bank Corporation (NYSE:MTB), Webster Financial Corporation (NYSE:WBS)

Posted by on Mar 03, 2014

Susquehanna Bancshares Inc (NASDAQ:SUSQ)’s outlook for limited loan growth was the driver for sell side analysts’ lowering of earnings estimates for the company, as well as the recent underperformance of the stock, according to Kelley. Susquehanna Bancshares Inc (NASDAQ:SUSQ) stock opened at $10.74 in last session, and closed at $10.94, while the day range of SASQ stock is $10.71-11.01.The stock showed a positive weekly performance of 4.29%.

Fulton Financial Corp. (NASDAQ:FULT) was upgraded by equities research analysts at Thomson Reuters/Verus from a “hold” rating to a “buy” rating in a research note issued to investors on Monday, Analyst Ratings News reports. Fulton Financial Corp (NASDAQ:FULT) stock opened at $12.33, in last session and closed at $12.31. The 52 week range was $10.31-$13.40.Company’s market capitalization is $2.37 billion.

The M&T Bank Corporation (NYSE:MTB) also recently announced a quarterly dividend, which is scheduled for Monday, March 31st. Shareholders of record on Monday, March 3rd will be paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 2.42%. The ex-dividend date is Thursday, February 27th. M&T Bank Corporation (NYSE:MTB) stock gained 0.79% and finished the last session at $116.59.The EPS of the stock remained 8.35.Company’s market capitalization is $15.22 billion.

Webster Financial Corp. (NYSE:WBS) Director John Joseph Crawford unloaded 4,000 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $28.97, for a total value of $115,880.00. Following the transaction, the director now directly owns 24,887 shares of the company’s stock, valued at approximately $720,976. The transaction was disclosed in a filing with the Securities & Exchange Commission, Webster Financial Corporation (NYSE:WBS) stock opened the session at $31.32, and closed the session at $30.97.The 52 week range of the WBS stock remained $21.82-$32.67 and the day range was $30.95-$31.59.

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