Technical Scrutiny on Regional - Pacific Banks Stocks -- Umpqua Holdings, PacWest Bancorp, SVB Financial Group, and CVB Financial
PR Newswire - Wed Jun 29, 7:15AM CDT
On Tuesday, June 28, 2016, the NASDAQ Composite ended the trading session at 4,691.87, up 2.12%; the Dow Jones Industrial Average advanced 1.57%, to finish at 17,409.72; and the S&P 500 closed at 2,036.09, up 1.78%. The gains were broad based as all the sectors ended the session in positive. Stock-Callers.com has initiated coverage on the following equities: Umpqua Holdings Corporation (NASDAQ: UMPQ), PacWest Bancorp (NASDAQ: PACW), SVB Financial Group (NASDAQ: SIVB), and CVB Financial Corporation (NASDAQ: CVBF). Learn more about these stocks by accessing their free trade alerts at:
UMPQ: 15.69 (+0.07), CVBF: 16.60 (+0.33), PACW: 40.07 (+0.80), SIVB: 96.21 (+1.32)
First Data and Silicon Valley Bank Expand Strategic Partnership
BusinessWire - Wed Jun 29, 6:00AM CDT
As technology companies mature from startups through growth-stage to global corporations, they need strong partners that can support their growth and understand their rapidly evolving business needs. First Data (NYSE: FDC), a global leader in commerce enabling technology and solutions, has entered into a strategic agreement with Silicon Valley Bank (NASDAQ: SIVB), the bank of the world's most innovative companies and their investors. First Data, which powers 28% of global eCommerce, will work with SVB to facilitate payment acceptance for the bank's clients throughout their lifecycle.
SIVB: 96.21 (+1.32), FDC: 11.03 (-0.08)
SVB Financial Set to Possibly Pullback After Yesterday's Rally of 1.47%
Comtex SmarTrend(R) - Tue May 31, 4:06PM CDT
SVB Financial (NASDAQ:SIVB) traded in a range yesterday that spanned from a low of $108.83 to a high of $110.88. Yesterday, the shares gained 1.5%, which took the trading range above the 3-day high of $108.62 on volume of 318,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SIVB: 96.21 (+1.32)
Are These Banking Stocks Hot? - Umpqua Holdings, PacWest, SVB Financial, and CVB Financial
PR Newswire - Wed May 18, 8:01AM CDT
The Regional-Pacific Banks segment may not be the first place that comes to mind when thinking of banking stocks, but this industry actually presents some of the best trading opportunities in the market. Today's featured companies from ActiveWallSt.com are: Umpqua Holdings Corp. (NASDAQ: UMPQ), PacWest Bancorp (NASDAQ: PACW), SVB Financial Group (NASDAQ: SIVB), and CVB Financial Corp. (NASDAQ: CVBF). Access their trading alerts at:
UMPQ: 15.69 (+0.07), CVBF: 16.60 (+0.33), PACW: 40.07 (+0.80), SIVB: 96.21 (+1.32)
Look for Shares of SVB Financial to Potentially Rebound after Yesterday's 2.69% Sell Off
Comtex SmarTrend(R) - Fri May 13, 1:34PM CDT
SVB Financial (NASDAQ:SIVB) traded in a range yesterday that spanned from a low of $92.00 to a high of $96.57. Yesterday, the shares fell 2.7%, which took the trading range below the 3-day low of $94.24 on volume of 446,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SIVB: 96.21 (+1.32)
Prosperity Bancshares (PB) Q1 Earnings & Revenues Beat
Zacks Equity Research - Zacks Investment Research - Thu Apr 28, 7:50AM CDT
Prosperity Bancshares (PB) reported first quarter 2016 earnings per share of 98 cents, which beat the Zacks Consensus Estimate of 95 cents.
WABC: 48.46 (+0.82), SIVB: 96.21 (+1.32), ZION: 24.84 (+0.10), PB: 49.99 (+0.83)
SmarTrend Watching for Potential Rebound in Shares of SVB Financial After 6.85% Loss
Comtex SmarTrend(R) - Fri Apr 22, 1:16PM CDT
SVB Financial (NASDAQ:SIVB) traded in a range yesterday that spanned from a low of $101.00 to a high of $106.76. Yesterday, the shares fell 6.9%, which took the trading range below the 3-day low of $109.28 on volume of 1.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SIVB: 96.21 (+1.32)
SVB Financial Falls 6.85% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Fri Apr 22, 1:15PM CDT
SVB Financial (NASDAQ:SIVB) traded in a range yesterday that spanned from a low of $101.00 to a high of $106.76. Yesterday, the shares fell 6.9%, which took the trading range below the 3-day low of $109.28 on volume of 1.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SIVB: 96.21 (+1.32)
SVB Financial (SIVB) Earnings Lag, Costs & Provisions Rise
Zacks Equity Research - Zacks Investment Research - Fri Apr 22, 9:25AM CDT
SVB Financial (SIVB) reported first-quarter 2016 earnings per share of $1.52, widely missing the Zacks Consensus Estimate of $1.69.
BOFI: 18.16 (+0.46), BOH: 68.51 (+0.80), SIVB: 96.21 (+1.32), ZION: 24.84 (+0.10)
SVB misses Street 1Q forecasts
Automated Insights - Thu Apr 21, 4:02PM CDT
SANTA CLARA, Calif. (AP) _ SVB Financial Group (SIVB) on Thursday reported first-quarter net income of $79.2 million.
SIVB: 96.21 (+1.32)
SVB Financial Group Announces Availability Of Quarterly Financial Results
PR Newswire - Thu Apr 21, 3:26PM CDT
SVB Financial Group (NASDAQ: SIVB) has released its financial results for the quarter ended March 31, 2015. Please visit SVB's Investor Relations website at SVB.com to view the earnings release.
SIVB: 96.21 (+1.32)
SVB Financial Has Returned 23.6% Since SmarTrend Recommendation (SIVB)
Comtex SmarTrend(R) - Mon Apr 18, 1:52PM CDT
SmarTrend identified an Uptrend for SVB Financial (NASDAQ:SIVB) on February 26th, 2016 at $89.29. In approximately 2 months, SVB Financial has returned 23.64% as of today's recent price of $110.39.
SIVB: 96.21 (+1.32)
First Republic (FRC) Up on Q1 Earnings Beat, Dividend Up
Zacks Equity Research - Zacks Investment Research - Fri Apr 15, 8:00AM CDT
Shares of First Republic Bank (FRC) rallied around 3.5% after the company reported positive surprise of 10% in the first quarter of 2016. Notably, First Republic's earnings per share for the first quarter came in at 88 cents, beating the Zacks Consensus Estimate of 80 cents.
SIVB: 96.21 (+1.32), FRC: 70.53 (+1.25), BBCN: 15.53 (+0.23), ZION: 24.84 (+0.10)
Stock Market News for April 14, 2016
Zacks Equity Research - Zacks Investment Research - Thu Apr 14, 9:10AM CDT
Benchmarks finished in the green on Wednesday following a rally in financial stocks.
NYCB: 14.83 (+0.10), JPM: 62.43 (+0.60), PACW: 40.07 (+0.80), USB: 40.34 (+0.25), C: 42.44 (+0.46), SIVB: 96.21 (+1.32), MTB: 116.63 (+0.69), WFC: 48.18 (+0.39), MTG: 6.10 (+0.06), BRK.B: 143.98 (+0.33), CMA: 41.77 (+0.27)
SVB Financial Group Confirms Date And Time Of Quarterly Earnings Call
PR Newswire - Thu Apr 07, 3:01PM CDT
SVB Financial Group (NASDAQ: SIVB) will report its financial results for the quarter ended March 31, 2016, on Thursday, April 21, 2016, after the close of the stock market.
SIVB: 96.21 (+1.32)
Silicon Valley Bank Releases Startup Outlook 2016
PR Newswire - Thu Mar 10, 7:03AM CST
Silicon Valley Bank (SVB), bank of the world's most innovative companies and their investors, released its Startup Outlook report today. The report, now in its seventh year, is based on an annual survey of technology and healthcare startups that gauges their perceptions on business conditions, fundraising, hiring and public policy issues. This year's survey included responses from more than 900 executives across the U.S., U.K. and China.
SIVB: 96.21 (+1.32)
Here's Why CIT Group is Delaying to File 2015 Annual Report
Zacks Equity Research - Zacks Investment Research - Wed Mar 02, 2:20PM CST
In a regulatory filing with the SEC, CIT Group disclosed that it was unable to file 2015 Annual Report by the prescribed time. What is the reason for this delay?
SIVB: 96.21 (+1.32), CIT: 32.85 (+0.31), EMG: 3.37 (unch), OZRK: 38.73 (+1.95)