Tag: NASDAQ:FULT

  • Northeast Banks: Susquehanna Bancshares (NASDAQ:SUSQ), Valley National Bancorp (NYSE:VLY), Fulton Financial (NASDAQ:FULT), M&T Bank (NYSE:MTB)

    Susquehanna Bancshares Inc (NASDAQ:SUSQ)’s consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP) and conform to general practices within the banking industry. Application of these principles involves complex judgments and estimates by management that have a material impact on the carrying value of certain assets and liabilities. The judgments and estimates that we used are based on historical experiences and other factors, which are believed to be reasonable under the circumstances. Because of the nature of the judgments and estimates that we have made, actual results could differ from these judgments and estimates, which could have a material impact on the carrying values of assets and liabilities and the results of our operations. Susquehanna Bancshares Inc (NASDAQ:SUSQ) stock opened at $10.85 in last session, and closed at $10.96, while the day range of SUSQ stock is $10.75-$11.01.The stock showed a positive weekly performance of 3.01%.

    Valley National Bancorp (NYSE:VLY) EVP Robert E. Farrell sold 40,000 shares of Valley National Bancorp stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $9.98, for a total value of $399,200.00. Following the completion of the transaction, the executive vice president now directly owns 80,828 shares in the company, valued at approximately $806,663. Valley National Bancorp (NYSE:VLY) stock opened at $9.97, in last session and closed at $10.10, by gaining 0.20%. The 52 week range was $8.75-$10.73. Company’s market capitalization is $2.02 billion.

    Shares of Fulton Financial Corp. (NASDAQ:FULT) have received a consensus recommendation of “Hold” from the eleven ratings firms that are presently covering the stock, Analyst Ratings Network reports. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $12.33. Fulton Financial Corp (NASDAQ:FULT) stock loosed -1.06% and finished the last session at $12.18.The EPS of the stock remained 0.83.Company’s market capitalization is $2.35 billion.

    M&T Bank Co. (NYSE:MTB) was upgraded by research analysts at Ned Davis Research from a “sell” rating to a “neutral” rating in a report released on Monday, American Banking & Market News reports. M&T Bank Corporation (NYSE:MTB) stock opened the session at $115.45, and closed the session at $115.68.The 52 week range of the MTB stock remained $95.68-$119.54 and the day range was $114.77-$115.96.