If you want a Stock Review on FITB, FMBI, MBFI, or USB then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Pre-market today, DailyStockTracker.com monitors Fifth Third Bancorp (NASDAQ: FITB), First Midwest Bancorp Inc. (NASDAQ: FMBI), MB Financial Inc. (NASDAQ: MBFI), and US Bancorp (NYSE: USB). Regional Midwest Banks are depository institutions that operate in one specific region of a country, in this case, the Midwest region of the United States. These banks provide a wide range of financial services, including deposits, loans, leases, mortgages, credit cards, and ATM services. These free stocks reports are currently available on DailyStockTracker.com. Simply sign up for your complimentary member access at:
Fifth Third Bancorp
Cincinnati, Ohio headquartered Fifth Third Bancorp’s stock finished Monday’s session 0.21% lower at $29.01. A total volume of 5.00 million shares was traded, which was above their three months average volume of 4.95 million shares. Over the last month and the previous three months, the Company’s shares have advanced 3.68% and 7.76%, respectively. Additionally, the stock has gained 7.56% since the start of this year. Shares of the Company are trading above their 50-day and 200-day moving averages by 6.38% and 10.90%, respectively. Moreover, shares of the Company, which operates as a diversified financial services company in the US, have a Relative Strength Index (RSI) of 67.75.
On October 18th, 2017, Fifth Third Bancorp announced that the Company is strengthening its Payments and Commerce Solutions team with the hiring of Jed Scala and Siva Gowrishankar. Mr. Scala joins as Executive Vice President and head of Payments and Commerce Solutions, reporting to Tim Spence. Mr. Gowrishankar will serve as senior vice president and head of credit strategy and optimization.
On October 25th, 2017, research firm RBC Capital Markets reiterated its ‘Outperform’ rating on the Company’s stock with an increase of the target price from $28 a share to $31 a share. Your complete research report on FITB can be retrieved for free at:
First Midwest Bancorp
Shares in Itasca, Illinois headquartered First Midwest Bancorp Inc. declined 2.43%, ending yesterday’s session at $22.85 with a total trading volume of 422,861 shares. The stock has gained 2.79% in the previous three months. The Company’s shares are trading 1.98% above their 50-day moving average. Moreover, shares of the Company, which operates as a bank holding company for First Midwest Bank that provides various banking products and services, have an RSI of 48.06.
On October 24th, 2017, First Midwest Bancorp reported results of its operations and financial condition for Q3 2017. Net income for Q3 2017 was $38.2 million, net interest income was $120 million, and net interest margin was 3.86%. The Company also improved its efficiency ratio to 59% for the quarter, grew loans to $10.4 billion, and decreased non-performing assets to total loans plus OREO to 0.86%. A free report on FMBI is just a click away at:
On Monday, Chicago, Illinois headquartered MB Financial Inc.’s stock saw a decline of 2.00%, to close the day at $45.57. A total volume of 325,102 shares was traded. The Company’s shares have advanced 1.22% in the last one month and 10.34% in the previous three months. The stock is trading 6.01% and 5.81% above its 50-day and 200-day moving averages, respectively. Additionally, shares of MB Financial have an RSI of 55.19.
On October 24th, 2017, MB Financial announced that it will expand the MB on the Block: Education curriculum – a program aimed at helping high school students earn a living wage by their mid-twenties – for the 2017-2018 school terms by offering certificate credential programs as well as an employee mentoring program. Sign up for your complimentary research report on MBFI at:
Shares in Minneapolis, Minnesota headquartered US Bancorp ended the day 0.33% lower at $54.26. A total volume of 4.24 million shares was traded. The stock has gained 1.25% in the last one month, 2.47% in the previous three months, and 5.63% since the start of this year. The Company’s shares are trading above their 50-day and 200-day moving averages by 2.68% and 3.21%, respectively. Furthermore, shares of US Bancorp, which provides a range of financial services in the US, have an RSI of 58.56.
On October 02nd, 2017, research firm Bank of America/ Merrill downgraded the Company’s stock rating from ‘Neutral’ to ‘Underperform’.
On October 27th, 2017, US Bancorp announced that Terry Dolan, Vice Chairman and CFO, and Gunjan Kedia, Vice Chairman, Wealth Management and Securities Services, will present at the BancAnalysts Association of Boston Conference. The presentation will begin at 8:15 a.m. EDT on November 03rd, 2017, in Boston. A live audio webcast of the session will be available on the Company’s website. Register for free on DailyStockTracker.com and download the latest research report on USB at:
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