Finance

Fulton Financial posts 13.4% increase in Q1 net profits

Fulton Financial posts 13.4% increase in Q1 net profits

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Shares of Hanmi Financial Corp closed the previous trading session at 28.20 down -0.50 -1.74% with 173,131 shares trading hands.

RF has been the topic of several recent analyst reports. Piper Jaffray Companies lowered their price objective on shares of Hanmi Financial Corp from $34.00 to $32.00 and set a "neutral" rating for the company in a research report on Monday. Also, the Hold rating count is 2, as of 18 April 2017. Equities research analysts anticipate that Fulton Financial Corp will post $1.00 EPS for the current year. Moreover, Assetmark Inc has 0% invested in Hanmi Financial Corp (NASDAQ:HAFC). Zacks Investment Research cut Fulton Financial Corp from a "buy" rating to a "hold" rating in a research report on Monday, December 26th. According to the most recently released broker notes, 0 analysts have a rating of "strong buy" on the stock, 0 analysts "buy", 3 analysts "neutral", 0 analysts "sell" and 0 analysts "strong sell". Its last month's stock price volatility remained 12.11% which for the week approaches 9.65%. The stock has a market cap of $3.02 billion, a price-to-earnings ratio of 18.66 and a beta of 1.10.

Regions Financial Corporation (RF) closed 9.94% above its 200-day moving average and is -9.86% below another chart threshold, its 50-day moving average.

If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, RF earned gross profit of 0, in 2015 0 gross profit, while in 2016 Regions Financial Corporation (RF) produced 0 profit.

Regions Financial Corp (NYSE:RF) last posted its quarterly earnings data on Tuesday, April 18th.

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The company's quick ratio for most recent quarter is 0.70. The company had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.40 billion. First American Financial Corp had a net margin of 6.15% and a return on equity of 12.08%. The business's revenue was up.1% on a year-over-year basis. Schwab Charles Invest Mgmt Incorporated has invested 0.02% in Fulton Financial Corp (NASDAQ:FULT). A month ago, analyst EPS consensus estimated earnings of US$0.22 per share.

The company also recently announced a quarterly dividend, which was paid on Friday, April 14th. Jpmorgan Chase accumulated 0.01% or 2.10M shares.

On 12/21/2015 Hanmi Financial Corp announced a quarterly dividend of $0.14 2.28% with an ex dividend date of 12/29/2015 which will be payable on 1/15/2016.

Stock is now moving with a positive distance from the 200 day simple moving average of approximately 9.88%, and has a poor year to date (YTD) performance of -6.57% which means the stock is constantly subtracting to its value from the previous fiscal year end price. BlackRock Advisors LLC now owns 5,712 shares of the company's stock valued at $209,000 after buying an additional 118 shares during the last quarter. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Barbara Godin sold 15,000 shares of the stock in a transaction on Wednesday, February 15th. The shares were sold at an average price of $14.64, for a total value of $964,014.72. Northern Trust Corp now owns 2,461,444 shares of the company's stock valued at $96,686,000 after buying an additional 7,385 shares during the period. Insiders own 3.20% of the company's stock.

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Regions Financial Corporation (RF) belongs to the "Financial" sector with an industry focus on "Regional - Southeast Banks", with Mr. O. B. Grayson Hall Jr.as Chairman, Chief Exec. Officer, Pres, Chairman of Regions Bank, Chief Exec. Officer of Regions Bank and Pres of Regions Bank. As of December 31, 2016, the Company's six subsidiary banks were located primarily in suburban or semi-rural geographic markets throughout a five-state region (Pennsylvania, Delaware, Maryland, New Jersey and Virginia).


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