| Tuesday | ||||
Virtual Meetings to be… Virtual Meetings to be held February 22-23 hosted by Truist. | ||||
| Over a week ago | ||||
Virtual Meetings to be… Virtual Meetings to be held February 22-23 hosted by Truist. | ||||
Virtual Meetings to be… Virtual Meetings to be held February 22-23 hosted by Truist. | ||||
| Over a month ago | ||||
Truist analyst Jennifer… Truist analyst Jennifer Demba upgraded Atlantic Capital to Buy from Hold with a price target of $24, up from $17. The analyst contends that the bank's loan and revenue should be growing at a faster-than-peer pace over the near term, and loan losses will remain "very contained". Demba adds that at 13.3-times expected 2022 earnings and 1.56-times tangible value compared to peers respective multiples of 13.7- and 1.69-times, the valuation on Atlantic Capital presents an "attractive" entry point. | ||||
Raymond James analyst… Raymond James analyst Michael Rose upgraded Atlantic Capital to Outperform from Market Perform with a $20 price target. | ||||
Raymond James analyst… Raymond James analyst Michael Rose upgraded Atlantic Capital to Outperform from Market Perform with a $20 price target following Q4 results that exceeded consensus forecasts. The analyst's positive view on the stock reflects its outlook for above-peer loan growth, expectation for continued benign credit trends, his projection for positive operating leverage the next two years, an expectation for double-digit TBV growth through 2022, and additional share repurchases supported by an improving profitability profile. | |
Raymond James analyst… Raymond James analyst Michael Rose upgraded Atlantic Capital Bancshares to Outperform from Market Perform with a $20 price target. | |
Reports Q4 tangible book… Reports Q4 tangible book value per share $15.62. Reports Q4 net charge-offs .05%. "Atlantic Capital recorded another quarter of strong operating performance during the pandemic with double-digit percentage growth in loans, deposits, net interest income, and service charge income. While the course of economic recovery is uncertain, Atlantic Capital is well positioned with a fortress balance sheet and strong business development momentum for solid growth and strong performance in 2021," remarked Douglas Williams, president and CEO. |
| Over a quarter ago | ||||
Atlanta Bank Virtual… Atlanta Bank Virtual Summit begins on November 20 and will resume on November 23-24. | ||||
Atlanta Bank Virtual… Atlanta Bank Virtual Summit will begin on November 20 and will resume on November 23-24. | ||||