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Hot Stocks
Pinnacle Financial declares16c per share quarterly cash dividend » 17:40
10/20/20
10/20
17:40
10/20/20
17:40
PNFP

Pinnacle Financial

$40.39 /

+0.92 (+2.33%)

Pinnacle Financial's…

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PNFP Pinnacle Financial
$40.39 /

+0.92 (+2.33%)

09/29/20 Truist
Truist raises price targets on select regional banks
06/18/20 JPMorgan
Pinnacle Financial price target raised to $45 from $38 at JPMorgan
06/17/20 Raymond James
Pinnacle Financial upgraded to Outperform with $48 target at Raymond James
06/17/20 Raymond James
Pinnacle Financial upgraded to Outperform from Market Perform at Raymond James
PNFP Pinnacle Financial
$40.39 /

+0.92 (+2.33%)

Earnings
Pinnacle Financial reports Q3 EPS $1.42, consensus $1.09 » 17:38
10/20/20
10/20
17:38
10/20/20
17:38
PNFP

Pinnacle Financial

$40.39 /

+0.92 (+2.33%)

Reports Q3 revenue…

Reports Q3 revenue $297.7M, consensus $281.78M. Reports Q3 net charge-offs .23%. Reports Q3 book value per share $60.26. Reports Q3 CET1 capital ratio 9.9%. "Late in the first quarter, we transitioned our firm from an offensive to a defensive posture, which entailed things like allocating significant resources to the re-risk grading of a significant portion of our loan portfolio and limiting the continuous recruitment and hiring of revenue producers, which has been a key driver historically in our outsized growth," said Terry Turner, Pinnacle's president and CEO. "Subsequently, we also altered our internal communications and annual cash incentive plan to encourage associates to aggressively identify and deal with any problem credits while continuing to focus on growing pre-tax, pre-provision net revenues (PPNR) for the remainder of 2020 as we seek to better position our firm to grow EPS at the conclusion of the economic disruption resulting from the pandemic. Key emphasis and initiatives that we launched in support of growing PPNR included lowering our cost of client deposits, growing low-cost core deposits to replace non-core funding, negotiating floors on new and renewed loans and increasing our total share-of-wallet from our existing clients."

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PNFP Pinnacle Financial
$40.39 /

+0.92 (+2.33%)

09/29/20 Truist
Truist raises price targets on select regional banks
06/18/20 JPMorgan
Pinnacle Financial price target raised to $45 from $38 at JPMorgan
06/17/20 Raymond James
Pinnacle Financial upgraded to Outperform with $48 target at Raymond James
06/17/20 Raymond James
Pinnacle Financial upgraded to Outperform from Market Perform at Raymond James
PNFP Pinnacle Financial
$40.39 /

+0.92 (+2.33%)

Earnings
Spirit of Texas Bancshares reports Q3 EPS 41c, consensus 30c » 16:18
10/20/20
10/20
16:18
10/20/20
16:18
STXB

Spirit of Texas Bancshares

$13.46 /

+0.19 (+1.43%)

Reports Q3 provision for…

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STXB Spirit of Texas Bancshares
$13.46 /

+0.19 (+1.43%)

05/12/20 Stephens
Spirit of Texas Bancshares downgraded to Equal Weight from Overweight at Stephens
12/24/19 DA Davidson
Simmons First National price target raised to $33 from $30 at DA Davidson
STXB Spirit of Texas Bancshares
$13.46 /

+0.19 (+1.43%)

Hot Stocks
CrossFirst Bancshares announces up to $20M share repurchase program » 16:06
10/20/20
10/20
16:06
10/20/20
16:06
CFB

CrossFirst Bancshares

$9.28 /

-0.02 (-0.22%)

The company's board…

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CFB CrossFirst Bancshares
$9.28 /

-0.02 (-0.22%)

CFB CrossFirst Bancshares
$9.28 /

-0.02 (-0.22%)

07/20/20 Truist
CrossFirst Bancshares initiated with a Hold at SunTrust
12/11/19 Sandler O'Neill
CrossFirst Bancshares initiated with a Buy at Sandler O'Neill
CFB CrossFirst Bancshares
$9.28 /

-0.02 (-0.22%)

Earnings
CrossFirst Bancshares reports Q3 EPS 15c, consensus 14c » 16:05
10/20/20
10/20
16:05
10/20/20
16:05
CFB

CrossFirst Bancshares

$9.30 /

+ (+0.00%)

Reports Q3 revenue…

Reports Q3 revenue $43.4M, consensus $43.29M. Reports Q3 tangible book value per share $11.83. Reports Q3 CET1 capital ratio 12%. "As we continue to serve our clients and communities in extraordinary ways, we are maintaining our focus on credit quality and being well capitalized, due to the on-going economic volatility caused by the pandemic and upcoming elections. Our overall operating performance remained strong, while we continued to prudently provision an additional $10.9 million, commensurate with the risk in our portfolio and to strengthen the balance sheet," said CrossFirst's CEO and president Mike Maddox. "We are continuing to create operational efficiencies in our organization to offset margin compression and increased provisioning so we can emerge from the downturn a much stronger Company. We believe that the Company is well positioned to benefit from an economic recovery, continue increasing earnings power, and deliver long term value to our shareholders."

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CFB CrossFirst Bancshares
$9.30 /

+ (+0.00%)

CFB CrossFirst Bancshares
$9.30 /

+ (+0.00%)

07/20/20 Truist
CrossFirst Bancshares initiated with a Hold at SunTrust
12/11/19 Sandler O'Neill
CrossFirst Bancshares initiated with a Buy at Sandler O'Neill
CFB CrossFirst Bancshares
$9.30 /

+ (+0.00%)

Initiation
South State resumed with an Overweight at Stephens » 06:43
10/20/20
10/20
06:43
10/20/20
06:43
SSB

South State

$53.93 /

+0.39 (+0.73%)

Stephens analyst Brody…

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SSB South State
$53.93 /

+0.39 (+0.73%)

08/03/20 DA Davidson
South State upgraded to Buy from Neutral at DA Davidson
08/03/20 DA Davidson
South State upgraded to Buy from Neutral at DA Davidson
08/02/20 Keefe Bruyette
South State upgraded to Outperform from Market Perform at Keefe Bruyette
07/01/20 Raymond James
South State initiated with an Outperform at Raymond James
SSB South State
$53.93 /

+0.39 (+0.73%)

Yesterday
Earnings
Triumph Bancorp reports Q3 adj. EPS 91c, consensus 49c » 16:11
10/19/20
10/19
16:11
10/19/20
16:11
TBK

Triumph Bancorp

$43.00 /

+0.54 (+1.27%)

Reports Q3 operating…

Reports Q3 operating revenue $84.87M, consensus $79.29M. Reports Q3 tangible book value per share $18.38. Reports Q3 CET1 capital ratio 8.72%. Reports Q3 net charge-offs .02%.

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TBK Triumph Bancorp
$43.00 /

+0.54 (+1.27%)

TBK Triumph Bancorp
$43.00 /

+0.54 (+1.27%)

10/08/20 Wells Fargo
Triumph Bancorp upgraded to Equal Weight from Underweight at Wells Fargo
10/01/20 Raymond James
Triumph Bancorp initiated with a Strong Buy at Raymond James
09/30/20 Raymond James
Triumph Bancorp initiated with a Strong Buy at Raymond James
07/10/20
Fly Intel: Top five analyst upgrades
TBK Triumph Bancorp
$43.00 /

+0.54 (+1.27%)

TBK Triumph Bancorp
$43.00 /

+0.54 (+1.27%)

Initiation
Ameris Bancorp resumed with an Overweight at Stephens » 08:51
10/19/20
10/19
08:51
10/19/20
08:51
ABCB

Ameris Bancorp

$25.98 /

-0.02 (-0.08%)

Stephens analyst Brody…

Stephens analyst Brody Preston resumed coverage of Ameris Bancorp with an Overweight rating and $32 price target. He views the bank as having one of the premier franchises in the Southeast, with "solid market share in some of the best and most disrupted markets in the country," Preston tells investors. He projects Ameris being able to generate top tier profitability moving forward, the analyst added.

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ABCB Ameris Bancorp
$25.98 /

-0.02 (-0.08%)

ABCB Ameris Bancorp
$25.98 /

-0.02 (-0.08%)

09/23/20 Raymond James
Ameris Bancorp upgraded at Raymond James, YTD underperformance unjustified
09/23/20 Raymond James
Ameris Bancorp upgraded to Strong Buy from Outperform at Raymond James
07/29/20 Piper Sandler
Ameris Bancorp resumed with an Overweight at Piper Sandler
07/28/20 Piper Sandler
Ameris Bancorp resumed with an Overweight at Piper Sandler
ABCB Ameris Bancorp
$25.98 /

-0.02 (-0.08%)

Thursday
Earnings
BancFirst reports Q3 EPS 63c, consensus 76c » 16:19
10/15/20
10/15
16:19
10/15/20
16:19
BANF

BancFirst

$44.30 /

+0.69 (+1.58%)

Reports Q3 provision for…

Reports Q3 provision for credit losses $18.7M vs. $2.8M a year ago. Q3 net charge-offs were 0.03% of average loans, vs. 0.04% of average loans in 3Q19. Tangible book value per common share was $26.74 at quarter end from $26.43 at previous quarter end.

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BANF BancFirst
$44.30 /

+0.69 (+1.58%)

BANF BancFirst
$44.30 /

+0.69 (+1.58%)

BANF BancFirst
$44.30 /

+0.69 (+1.58%)

Wednesday
Hot Stocks
FleetCor subsidiary launches partnership with Ripple » 09:03
10/14/20
10/14
09:03
10/14/20
09:03
FLT

FleetCor

$248.58 /

-2.57 (-1.02%)

Cambridge Global…

Cambridge Global Payments, a FleetCor company and a provider of integrated cross-border payments and currency risk management solutions, announced the commercial launch of its partnership with Ripple, the enterprise blockchain solution for certain global payments, to deliver cross-border payment solutions to B2B customers. The company said the partnership between Ripple and Cambridge, will optimize payment delivery using RippleNet, Ripple's global payments network. During the pilot phase of the partnership, deposits to vendors who used preferred banking partner Siam Commercial Bank saw a 99% reduction in time to payout with RippleNet compared with other providers. Cambridge is exploring additional countries and currencies that can benefit from access to RippleNet.

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FLT FleetCor
$248.58 /

-2.57 (-1.02%)

FLT FleetCor
$248.58 /

-2.57 (-1.02%)

09/21/20 Susquehanna
FleetCor price target lowered to $285 from $300 at Susquehanna
08/31/20 Deutsche Bank
FleetCor price target raised to $305 from $273 at Deutsche Bank
08/27/20 Mizuho
Mizuho starts FleetCor with Neutral rating, $250 price target
08/26/20 Mizuho
FleetCor initiated with a Neutral at Mizuho
FLT FleetCor
$248.58 /

-2.57 (-1.02%)

FLT FleetCor
$248.58 /

-2.57 (-1.02%)

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