Today’s Free Research Reports Coverage on Valley National and Three More Banking Stocks
Stock Research Monitor: FULT, MTB, and WBS
LONDON, UK / ACCESSWIRE / May 30, 2018 / If you want a free Stock Review on VLY sign up now at www.wallstequities.com/registration. WallStEquities.com redirects investors' attention to the Regional Northeast Banks space, which includes depository institutions that operate in one specific region of a country, in this case, the Northeast region of the US. These banks provide a wide range of financial services including deposits, loans, leases, mortgages, credit cards, and ATM services. Under observation this morning are four stocks: Fulton Financial Corp. (NASDAQ: FULT), M&T Bank Corp. (NYSE: MTB), Valley National Bancorp (NYSE: VLY), and Webster Financial Corp. (NYSE: WBS). All you have to do is sign up today for this free limited time offer by clicking the link below.
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Fulton Financial
On Tuesday, shares in Lancaster, Pennsylvania headquartered Fulton Financial Corp. recorded a trading volume of 968,041 shares, which was above their three months average volume of 866,760 shares. The stock ended the session 3.08% lower at $17.30. The Company's shares have gained 0.29% in the last month. The stock is trading 1.73% below its 50-day moving average. Moreover, shares of Fulton Financial, which operates as a multi-bank financial holding company that provides banking and financial services to businesses and consumers, have a Relative Strength Index (RSI) of 45.03.
On May 22nd, 2018, Fulton Financial announced that the Office of the Comptroller of the Currency has approved the Corporation's application to merge two of its subsidiary banks - FNB Bank, N.A., based in Danville, Pennsylvania, and Swineford National Bank, based in Middleburg, Pennsylvania -into its largest banking subsidiary, Fulton Bank, N.A. The consolidation of the three bank charters is expected to be completed in Q4 2018. Get the full research report on FULT for free by clicking below at:
www.wallstequities.com/registration/?symbol=FULT
M&T Bank
Buffalo, New York headquartered M&T Bank Corp.'s stock closed the day 4.10% lower at $171.74. A total volume of 1.10 million shares was traded, which was above their three months average volume of 702,140 shares. The Company's shares have advanced 7.20% over the past year. The stock is trading 0.78% below its 200-day moving average. Additionally, shares of M&T Bank, which operates as the holding company for Manufacturers and Traders Trust Company; and Wilmington Trust, National Association that provide retail and commercial banking services, have an RSI of 28.20.
On May 21st, 2018, M&T Bank Corp. announced the election of Kevin J. Pearson to its Board of Directors, effective May 15th, 2018. Mr. Pearson was also elected to the Board of Directors of the Corporation's principal banking subsidiary, M&T Bank. Free research on MTB can be accessed at:
www.wallstequities.com/registration/?symbol=MTB
Valley National Bancorp
Shares in Wayne, New Jersey headquartered Valley National Bancorp recorded a trading volume of 2.00 million shares. The stock ended yesterday's trading session 2.02% lower at $12.58. The Company's shares have advanced 9.97% over the past year. The stock is trading above its 50-day and 200-day moving averages by 0.28% and 5.01%, respectively. Furthermore, shares of the Company, which operates as the holding company for the Valley National Bank that provides commercial, retail, trust, and investment services, have an RSI of 45.16.
On May 22nd, 2018, Valley National Bancorp declared a cash dividend of $0.390625 per share on its 6.25% Fixed-To-Floating Rate Non-Cumulative Perpetual Preferred Stock Series A. The Company also declared a cash dividend of $0.34375 per share on its 5.50% Fixed-To-Floating Rate Non-Cumulative Perpetual Preferred Stock Series B. Both dividends will be paid on July 02nd, 2018, to shareholders of record on June 15th, 2018. Visit WallStEquities.com now and sign up for the free research on VLY at:
www.wallstequities.com/registration/?symbol=VLY
Webster Financial
Waterbury, Connecticut headquartered Webster Financial Corp.'s stock finished Tuesday's session 2.17% lower at $63.52. A total volume of 643,771 shares was traded, which was above their three months average volume of 514,420 shares. The Company's shares have advanced 4.59% in the last month, 14.57% over the previous three months, and 28.27% over the past year. The stock is trading above its 50-day and 200-day moving averages by 7.14% and 15.13%, respectively. Additionally, shares of Webster Financial, which operates as the holding company for Webster Bank, National Association that provides financial services to individuals, families, and businesses in the US, have an RSI of 56.64. The free technical report on WBS is available at:
www.wallstequities.com/registration/?symbol=WBS
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