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Published: Thu, October 20, 2016
Economy | By Melissa Porter

Central Valley Community Bancorp (CVCY) Scheduled to Post Earnings on Wednesday

Central Valley Community Bancorp (CVCY) Scheduled to Post Earnings on Wednesday

(NYSE:NYCB) recently. The rating firm gave a Neutral rating to this stock in a research note on Oct 07, 2016.FBR Capital analysts issued their verdict on New York Community Bancorp Inc. (NASDAQ:SYBT) from a buy rating to a hold rating in a report issued on Tuesday morning. (Bancorp) is the holding company for Stock Yards Bank & Trust Company (the Bank).

Brookline Bancorp, Inc., incorporated on April 11, 2002, operates as a multi-bank holding firm for Brookline Bank and its subsidiaries; Bank Rhode Island (BankRI) and its subsidiaries; First Ipswich Bank (First Ipswich) and its subsidiaries, and Brookline Securities Corp. The company also provides installment loans, revolving lines of credit, and insurance products, as well as cash management, online and phone banking, and ATM services. It operates in and around Louisville, Indianapolis, and Cincinnati.

Wall Street await Brookline Bancorp, Inc. (NASDAQ:BRKL) opened at 12.25 on Tuesday. The Company expected to announce next earnings approximately $0.27 per share. Shares are now trading $0.54 away from the 50-day moving average of $32.60 and $3.98 away from the 200-day moving average of $29.16. (NYSE:NYCB) to report earnings of about $0.27 per share on $323.76M in revenue. Southwest Bancorp had a net margin of 16.09% and a return on equity of 5.60%. Looking forward, analysts on average predict that earnings for the current quarter would come in between $0.26 and $0.29.

Recent Sales Surprise: During the recent quarter period Quarter Ending Jun-16, the company declared sales of $325.57M.

"10" Analysts are expecting that the company to declare next quarterly earnings of $0.27 per share for period Quarter Ending Mar-17. The ex-dividend date was Thursday, September 8th. Announces Approval of Stock Repurchase Program" published on February 04, 2016 as well as Prnewswire.com's news article titled: "Brookline Bancorp, Inc. Southwest Bancorp now has an average rating of "Hold" and an average price target of $19.20. Following the completion of the sale, the chief executive officer now directly owns 181,657 shares in the company, valued at approximately $5,395,212.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The stock had a trading capacity of 2.26M shares. (NASDAQ:BRKL) shares with value of $16,417 were sold by CHAPIN DAVID C. The stock was lighter in trading and has fluctuated between $13.85-$19.18 per share for the past year. The disclosure for this sale can be found here. "The primary activity of the Company now is, and is expected to remain for the foreseeable future, the ownership and operation of the Bank". BlackRock Advisors LLC raised its stake in Brookline Bancorp by 3.5% in the second quarter. O Shaughnessy Asset Management LLC now owns 8,228 shares of the financial services provider's stock valued at $115,000 after buying an additional 7,780 shares in the last quarter.

Analysts' mean recommendation for New York Community Bancorp Inc.'s (NYCB) stands at 2.70. Inc. now owns 304,537 shares of the company's stock valued at $5,156,000 after buying an additional 6,012 shares during the period. Finally, PNC Financial Services Group Inc. raised its stake in Stock Yards Bancorp by 52.8% in the second quarter. Vanguard Group Inc. now owns 769,118 shares of the company's stock valued at $13,021,000 after buying an additional 4,629 shares during the period.

Institutional investors have recently made changes to their positions in the stock.

12/02/2013 - Community Trust Bancorp, Inc. was upgraded to "buy" by analysts at Thomson Reuters/Verus. The Company's operations are divided into two segments: Banking Operations and Residential Mortgage Banking. The Company's activities include acceptance of commercial; municipal and retail deposits; origination of mortgage loans on commercial and residential real estate located principally in MA and Rhode Island; origination of commercial loans and leases to small- and mid-sized businesses; investment in debt and equity securities, and the offering of cash management and investment advisory services.

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