Fly News Breaks for June 14, 2018
Jun 14, 2018 | 16:11 EDT
Stephens analyst Terry McEvoy started Heartland Financial with an Equal Weight rating, noting that the bank just topped $11B in pro-forma assets after recently closing the FirstBank Lubbock deal. Since 2010, the median bank crossing $10B in assets has underperformed the Nasdaq bank index by 9% over the next year and by 17% over two years, noted McEvoy.
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