Regions Financial Corp. (NYSE:RF) Director Susan W. Matlock sold 19,189 shares of Regions Financial Corp. stock on the open market in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $10.45, for a total value of $200,525.05. Following the completion of the transaction, the director now directly owns 41,100 shares of the company’s stock, valued at approximately $429,495. The sale was disclosed in a document filed with the Securities & Exchange Commission. Regions Financial Corporation (NYSE:RF) stock opened at $10.58 in last session, and closed at $10.64, while the day range of RF stock is $10.54-$10.77. The stock showed a positive weekly performance of 4.05%.
First Horizon National Corp. FHN +2.84% has entered into a definitive resolution agreement with the Federal Home Loan Mortgage Corp. regarding the loan repurchase process. First Horizon CEO Bryan Jordan called the agreement with Freddie Mac “a big step forward” in First Horizon’s ongoing efforts to unwind from the mortgage business the company sold in 2008. First Horizon National Corporation (NYSE:FHN) stock opened at $11.57, in last session and closed at $11.97, by gained 2.84%.The 52 week range was $9.47-$12.74.Company’s market capitalization is $2.83 billion.
F.N.B. Corporation (NYSE: FNB), parent company of First National Bank, announced that on February 15, 2014, it completed its merger with BCSB Bancorp, Inc., parent company of Baltimore County Savings Bank. As a result of the merger, First National Bank will hold a top ten market share in the greater Baltimore area and operate a total of 24 banking offices in Maryland. Prior to completing the merger, FNB obtained all required legal and regulatory approvals, and BCSB shareholders approved the transaction. Shares of BCSB Bancorp, Inc. will no longer be traded on the NASDAQ stock exchange.F.N.B. Corp (NYSE:FNB) stock gained 0.91% and finished the last session at $12.19.The EPS of the stock remained 0.80.Company’s market capitalization is $1.94 billion.
BancorpSouth (NYSE:BXS) COO James Virgil Kelley sold 4,680 shares of the company’s stock on the open market in a transaction dated Friday, February 28th. The stock was sold at an average price of $23.77, for a total value of $111,243.60. Following the transaction, the chief operating officer now directly owns 100,195 shares of the company’s stock, valued at approximately $2,381,635. The transaction was disclosed in a document filed with the Securities & Exchange Commission. BancorpSouth, Inc. (NYSE:BXS) stock opened the session at $23.77, and closed the session at $23.93.The 52 week range of the BXS stock remained $14.72-$25.54 and the day range was $23.67-$24.18.