Tag: ZION

  • Financial Sector Top Losers: Zions Bancorporation (NASDAQ:ZION), National Bank of Greece (NYSE:NBG), First Acceptance Corporation (NYSE:FAC), Atlanticus Holdings (NASDAQ:ATLC)

    Zions Bancorp (NASDAQ:ZION) was the only bank of 30 tier-1 large institutions reviewed that did not meet the Dodd-Frank Wall Street Reform and Consumer Protection Act stress test lowest guidelines. Zions Bancorporation (NASDAQ:ZION) shares after opening at $32.55 moved to $32.55 on last trade day and at the end of the day closed at $31.24. Company price to sales ratio in past twelve months was calculated as 2.96 and price to cash ratio as 0.55. Zions Bancorporation (NASDAQ:ZION) showed a negative weekly performance of -0.35%.

    Greece’s biggest lender National Bank of Greece (ADR) (NYSE:NBG) said on Thursday it returned to profit last year, helped by its Turkish unit Finansbank, lower funding costs and reduced provisions for bad loans. The bank posted a net profit of 809 million euros ($1.13 billion) versus a loss of 2.14 billion a year earlier. National Bank of Greece (ADR) (NYSE:NBG) shares fell -5.57% in last trading session and ended the day on $5.42. NBG return on equity ratio is recorded as 42.40% and its return on assets is 0.60%. National Bank of Greece (ADR) (NYSE:NBG) yearly performance is -41.09%.

    First Acceptance Corporation (NYSE:FAC) is a retailer, servicer and underwriter of non-standard personal automobile insurance based in Nashville, Tennessee. First Acceptance Corporation (NYSE:FAC) shares moved down -5.68% in last trading session and was closed at $2.49, while trading in range of $2.41 – $2.59. First Acceptance Corporation (NYSE:FAC) year to date (YTD) performance is 9.69%.

    Atlanticus Holdings Corporation (NASDAQ:ATLC) is primarily focused on providing financial services. Through the Company’s subsidiaries, the Company offers financial products and services to a market represented by credits risks that regulators classify as sub-prime. Atlanticus Holdings Corp (NASDAQ:ATLC) weekly performance is -8.10%. On last trading day company shares ended up $2.27. Atlanticus Holdings Corp (NASDAQ:ATLC) distance from 50-day simple moving average (SMA50) is -19.31%. Analysts mean target price for the company is $3.00.