Intervest Bancshares (IBCA) 9.58 $IBCA
23.3% Return Seen to Date on SmarTrend Intervest Bancshares Call (IBCA)
Comtex SmarTrend(R) - Tue Sep 09, 11:01AM CDT
SmarTrend identified an Uptrend for Intervest Bancshares (NASDAQ:IBCA) on December 30th, 2013 at $7.78. In approximately 8 months, Intervest Bancshares has returned 23.34% as of today's recent price of $9.59.
Intervest Bancshares Corporation Announces Repurchase of Outstanding TARP Warrant
Business Wire - Wed Sep 03, 10:52AM CDT
Intervest Bancshares Corporation (the "Company"
(Nasdaq:IBCA), the holding company for Intervest National Bank, announced today that it has repurchased the warrant that had been issued to the U.S. Department of the Treasury in connection with the Company's participation in the TARP Capital Purchase Program. The Company paid Treasury $2,892,066 to repurchase the warrant, which has been cancelled. The Company had originally issued the warrant, which permitted Treasury to purchase up to 691,882 shares of the Company's common stock at an exercise price of $5.42 per share, on December 23, 2008. The Company repurchased all of the shares of TARP preferred stock in June and August of 2013. With the repurchase of the warrant, there are no other investments from the Company's participation in TARP that remain outstanding.
Intervest Bancshares Up 23.7% Since SmarTrend Uptrend Call (IBCA)
Comtex SmarTrend(R) - Tue Sep 02, 9:39AM CDT
SmarTrend identified an Uptrend for Intervest Bancshares (NASDAQ:IBCA) on December 30th, 2013 at $7.78. In approximately 8 months, Intervest Bancshares has returned 23.73% as of today's recent price of $9.62.
INVESTOR ALERT - Intervest Bancshares Corp.: The Law Offices of Vincent Wong Investigates the Sale of Intervest Bancshares Corp. to Bank of the Ozarks, Inc. - IBCA
PR Newswire - Mon Aug 18, 4:14PM CDT
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Intervest Bancshares Corporation (NasdaqGS: IBCA) ("Intervest" in connection with the sale of the Company to Bank of the Ozarks, Inc. (NasdaqGS: OZRK).
Lifshitz & Miller Law Firm Announces Investigation of Endocyte, Inc., EVOQ Properties Inc., Fortegra Financial Corporation, Intervest Bancshares Corporation and L-3 Communications Holdings, Inc.
PR Newswire - Mon Aug 18, 12:52PM CDT
Endocyte, Inc.
Shares of IBCA Up 23.3% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Mon Aug 18, 11:12AM CDT
SmarTrend identified an Uptrend for Intervest Bancshares (NASDAQ:IBCA) on December 30th, 2013 at $7.78. In approximately 8 months, Intervest Bancshares has returned 23.34% as of today's recent price of $9.59.
INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of Intervest Bancshares Corp. and Its Board of Directors In Connection With the Sale of the Company to Bank of the Ozarks, Inc. -- IBCA
Business Wire - Thu Aug 14, 1:27PM CDT
Levi & Korsinsky is investigating the Board of Directors of Intervest Bancshares Corporation ("Intervest" or "the Company" (NasdaqGS:IBCA) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Bank of the Ozarks, Inc. (NasdaqGS:OZRK).
INTERVEST BANCSHARES SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Merger with Bank of the Ozarks
Business Wire - Thu Aug 14, 11:38AM CDT
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Intervest Bancshares Corp. ("Intervest" (NasdaqGS: IBCA) concerning the merger with Bank of the Ozarks, Inc. Under the terms of the definitive agreement, valued at approximately $228.5 million, Intervest shareholders will receive common shares of Bank of the Ozarks stock pursuant to the ten day average closing stock price as of the fifth business day prior to the closing date, with a minimum and maximum price of $23.95 and $39.91.
SHAREHOLDER ALERT: Brower Piven Announces The Investigation Of Intervest Bancshares Corporation In Connection With The Proposed Sale Of The Company To Bank of the Ozarks, Inc.
Business Wire - Tue Aug 12, 5:10PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Intervest Bancshares Corporation ("Intervest" or the "Company" (NASDAQ: IBCA) relating to the proposed buyout of the Company by Bank of the Ozarks, Inc. ("Ozarks" .
Intervest Bancshares Shares Up 21.7% Since SmarTrend's Buy Recommendation (IBCA)
Comtex SmarTrend(R) - Mon Aug 04, 9:13AM CDT
SmarTrend identified an Uptrend for Intervest Bancshares (NASDAQ:IBCA) on December 30th, 2013 at $7.78. In approximately 7 months, Intervest Bancshares has returned 21.67% as of today's recent price of $9.46.
Nasdaq stocks posting largest volume increases
AP - Fri Aug 01, 5:03PM CDT
NEW YORK (AP) — A look at the 10 biggest volume gainers on Nasdaq at the close of trading:
Nasdaq stocks posting largest percentage increases
AP - Fri Aug 01, 5:03PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage gainers on Nasdaq at the close of trading:
Bank of the Ozarks, Inc. and Intervest Bancshares Corporation Enter into Definitive Agreement and Plan of Merger
Business Wire - Thu Jul 31, 4:25PM CDT
Bank of the Ozarks, Inc. (NASDAQ: OZRK) and Intervest Bancshares Corporation (NASDAQ: IBCA) jointly announced today the signing of a definitive agreement and plan of merger ("Agreement" whereby Bank of the Ozarks, Inc. ("Company" will acquire Intervest Bancshares Corporation ("Intervest" and its wholly-owned bank subsidiary Intervest National Bank ("Intervest Bank" , with offices in Florida and New York, in an all-stock transaction. According to the terms of the Agreement, the Company will acquire all of the outstanding common stock of Intervest in a transaction valued at approximately $228.5 million, less the amount paid by Intervest to cash out all outstanding stock options, stock appreciation rights and stock warrants, and subject to other potential adjustments. Closing of the transaction is expected to be immediately accretive to the Company's book value per common share and its tangible book value per common share. The transaction is also expected to be accretive to the Company's diluted earnings per common share for the first twelve months after the transaction closes and thereafter.
Intervest Bancshares Corporation Reports 2014 Second Quarter Earnings Increase by 79% to $5.7 Million or $0.26 Per Share
Business Wire - Wed Jul 16, 7:00AM CDT
Intervest Bancshares Corporation (IBC) (NASDAQ-GS:IBCA), parent company of Intervest National Bank (INB), today announced that its net earnings for the second quarter of 2014 (Q2-14) increased 79% to $5.7 million, or $0.26 per share, from $3.2 million, or $0.14 per share, for the second quarter of 2013 (Q2-13). For the first half of 2014 (6mths-14), net earnings increased 44% to $9.6 million, or $0.43 per share, from $6.6 million, or $0.30 per share, for the first half of 2013 (6mths-13). IBC also announced that its Board of Directors declared a quarterly dividend of $0.05 per common share payable on August 26, 2014 to shareholders of record at the close of business August 15, 2014.
Intervest Bancshares Corporation Announces Termination of Regulatory Agreement with the Federal Reserve Bank of New York
Business Wire - Thu Mar 13, 10:10AM CDT
Intervest Bancshares Corporation (the "Company" (Nasdaq: IBCA), the holding company for Intervest National Bank (the "Bank" , announced today that actions taken by the Company have led to the satisfaction of all of the provisions of the Formal Agreement dated January 14, 2011 between the Bank and the Federal Reserve Bank of New York (the "FRBNY" , and that the FRBNY was terminating that agreement. The FRBNY based its decision on the results of its most recent inspection as well as documentation provided by the Company under the terms of the agreement. The Bank's Formal Agreement with the Office of the Comptroller of the Currency had been terminated in March of last year. As a result, neither the Company nor the Bank is any longer subject to any formal or informal regulatory agreement.
23.3% Return Seen to Date on SmarTrend Intervest Bancshares Call (IBCA)
Comtex SmarTrend(R) - Tue Sep 09, 11:01AM CDT
SmarTrend identified an Uptrend for Intervest Bancshares (NASDAQ:IBCA) on December 30th, 2013 at $7.78. In approximately 8 months, Intervest Bancshares has returned 23.34% as of today's recent price of $9.59.
Intervest Bancshares Corporation Announces Repurchase of Outstanding TARP Warrant
Business Wire - Wed Sep 03, 10:52AM CDT
Intervest Bancshares Corporation (the "Company"
(Nasdaq:IBCA), the holding company for Intervest National Bank, announced today that it has repurchased the warrant that had been issued to the U.S. Department of the Treasury in connection with the Company's participation in the TARP Capital Purchase Program. The Company paid Treasury $2,892,066 to repurchase the warrant, which has been cancelled. The Company had originally issued the warrant, which permitted Treasury to purchase up to 691,882 shares of the Company's common stock at an exercise price of $5.42 per share, on December 23, 2008. The Company repurchased all of the shares of TARP preferred stock in June and August of 2013. With the repurchase of the warrant, there are no other investments from the Company's participation in TARP that remain outstanding. Intervest Bancshares Up 23.7% Since SmarTrend Uptrend Call (IBCA)
Comtex SmarTrend(R) - Tue Sep 02, 9:39AM CDT
SmarTrend identified an Uptrend for Intervest Bancshares (NASDAQ:IBCA) on December 30th, 2013 at $7.78. In approximately 8 months, Intervest Bancshares has returned 23.73% as of today's recent price of $9.62.
INVESTOR ALERT - Intervest Bancshares Corp.: The Law Offices of Vincent Wong Investigates the Sale of Intervest Bancshares Corp. to Bank of the Ozarks, Inc. - IBCA
PR Newswire - Mon Aug 18, 4:14PM CDT
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Intervest Bancshares Corporation (NasdaqGS: IBCA) ("Intervest"
in connection with the sale of the Company to Bank of the Ozarks, Inc. (NasdaqGS: OZRK). Lifshitz & Miller Law Firm Announces Investigation of Endocyte, Inc., EVOQ Properties Inc., Fortegra Financial Corporation, Intervest Bancshares Corporation and L-3 Communications Holdings, Inc.
PR Newswire - Mon Aug 18, 12:52PM CDT
Endocyte, Inc.
Shares of IBCA Up 23.3% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Mon Aug 18, 11:12AM CDT
SmarTrend identified an Uptrend for Intervest Bancshares (NASDAQ:IBCA) on December 30th, 2013 at $7.78. In approximately 8 months, Intervest Bancshares has returned 23.34% as of today's recent price of $9.59.
INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of Intervest Bancshares Corp. and Its Board of Directors In Connection With the Sale of the Company to Bank of the Ozarks, Inc. -- IBCA
Business Wire - Thu Aug 14, 1:27PM CDT
Levi & Korsinsky is investigating the Board of Directors of Intervest Bancshares Corporation ("Intervest" or "the Company"
(NasdaqGS:IBCA) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Bank of the Ozarks, Inc. (NasdaqGS:OZRK). INTERVEST BANCSHARES SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Merger with Bank of the Ozarks
Business Wire - Thu Aug 14, 11:38AM CDT
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Intervest Bancshares Corp. ("Intervest"
(NasdaqGS: IBCA) concerning the merger with Bank of the Ozarks, Inc. Under the terms of the definitive agreement, valued at approximately $228.5 million, Intervest shareholders will receive common shares of Bank of the Ozarks stock pursuant to the ten day average closing stock price as of the fifth business day prior to the closing date, with a minimum and maximum price of $23.95 and $39.91. SHAREHOLDER ALERT: Brower Piven Announces The Investigation Of Intervest Bancshares Corporation In Connection With The Proposed Sale Of The Company To Bank of the Ozarks, Inc.
Business Wire - Tue Aug 12, 5:10PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Intervest Bancshares Corporation ("Intervest" or the "Company"
(NASDAQ: IBCA) relating to the proposed buyout of the Company by Bank of the Ozarks, Inc. ("Ozarks" . Intervest Bancshares Shares Up 21.7% Since SmarTrend's Buy Recommendation (IBCA)
Comtex SmarTrend(R) - Mon Aug 04, 9:13AM CDT
SmarTrend identified an Uptrend for Intervest Bancshares (NASDAQ:IBCA) on December 30th, 2013 at $7.78. In approximately 7 months, Intervest Bancshares has returned 21.67% as of today's recent price of $9.46.
Nasdaq stocks posting largest volume increases
AP - Fri Aug 01, 5:03PM CDT
NEW YORK (AP) — A look at the 10 biggest volume gainers on Nasdaq at the close of trading:
Nasdaq stocks posting largest percentage increases
AP - Fri Aug 01, 5:03PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage gainers on Nasdaq at the close of trading:
Bank of the Ozarks, Inc. and Intervest Bancshares Corporation Enter into Definitive Agreement and Plan of Merger
Business Wire - Thu Jul 31, 4:25PM CDT
Bank of the Ozarks, Inc. (NASDAQ: OZRK) and Intervest Bancshares Corporation (NASDAQ: IBCA) jointly announced today the signing of a definitive agreement and plan of merger ("Agreement"
whereby Bank of the Ozarks, Inc. ("Company" will acquire Intervest Bancshares Corporation ("Intervest" and its wholly-owned bank subsidiary Intervest National Bank ("Intervest Bank" , with offices in Florida and New York, in an all-stock transaction. According to the terms of the Agreement, the Company will acquire all of the outstanding common stock of Intervest in a transaction valued at approximately $228.5 million, less the amount paid by Intervest to cash out all outstanding stock options, stock appreciation rights and stock warrants, and subject to other potential adjustments. Closing of the transaction is expected to be immediately accretive to the Company's book value per common share and its tangible book value per common share. The transaction is also expected to be accretive to the Company's diluted earnings per common share for the first twelve months after the transaction closes and thereafter. Intervest Bancshares Corporation Reports 2014 Second Quarter Earnings Increase by 79% to $5.7 Million or $0.26 Per Share
Business Wire - Wed Jul 16, 7:00AM CDT
Intervest Bancshares Corporation (IBC) (NASDAQ-GS:IBCA), parent company of Intervest National Bank (INB), today announced that its net earnings for the second quarter of 2014 (Q2-14) increased 79% to $5.7 million, or $0.26 per share, from $3.2 million, or $0.14 per share, for the second quarter of 2013 (Q2-13). For the first half of 2014 (6mths-14), net earnings increased 44% to $9.6 million, or $0.43 per share, from $6.6 million, or $0.30 per share, for the first half of 2013 (6mths-13). IBC also announced that its Board of Directors declared a quarterly dividend of $0.05 per common share payable on August 26, 2014 to shareholders of record at the close of business August 15, 2014.
Intervest Bancshares Corporation Announces Termination of Regulatory Agreement with the Federal Reserve Bank of New York
Business Wire - Thu Mar 13, 10:10AM CDT
Intervest Bancshares Corporation (the "Company"
(Nasdaq: IBCA), the holding company for Intervest National Bank (the "Bank" , announced today that actions taken by the Company have led to the satisfaction of all of the provisions of the Formal Agreement dated January 14, 2011 between the Bank and the Federal Reserve Bank of New York (the "FRBNY" , and that the FRBNY was terminating that agreement. The FRBNY based its decision on the results of its most recent inspection as well as documentation provided by the Company under the terms of the agreement. The Bank's Formal Agreement with the Office of the Comptroller of the Currency had been terminated in March of last year. As a result, neither the Company nor the Bank is any longer subject to any formal or informal regulatory agreement. 
