Monarch Financial Hl (MNRK) 18.49 $MNRK
Synovus Controls Costs Effectively, Regulatory Woes Rife
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 7:49AM CDT
On Jun 9, we issued an updated research report on Synovus Financial Corporation (SNV). Cost control, pruning of assets, improving credit quality and a strong capital position are major driving factors.
SNV: 33.38 (+0.45), FBP: 4.90 (+0.07), MNRK: 18.49 (-1.37), STBZ: 23.00 (+0.11)
Should You Consider Holding Bank of the Ozarks Stock?
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 7:08AM CDT
Despite mounting expenses and margin compression, Bank of the Ozarks' inorganic growth strategy and improvement in loan and deposits assure a steady growth in the future.
FBP: 4.90 (+0.07), SONA: 12.77 (+0.10), MNRK: 18.49 (-1.37), OZRK: 39.56 (+0.26)
The Zacks Analyst Blog Highlights: First Bancorp, Cardinal Financial, Monarch Financial Holdings, Southern National Bancorp of Virginia and State Bank Financial
Zacks Equity Research - Zacks Investment Research - Tue May 31, 8:30AM CDT
The Zacks Analyst Blog Highlights: First Bancorp, Cardinal Financial, Monarch Financial Holdings, Southern National Bancorp of Virginia and State Bank Financial
CFNL: 26.68 (+0.11), FBP: 4.90 (+0.07), SONA: 12.77 (+0.10), MNRK: 18.49 (-1.37), STBZ: 23.00 (+0.11)
5 Best Southeast U.S. Bank Stocks of the Region
Zacks Equity Research - Zacks Investment Research - Fri May 27, 1:11PM CDT
Economies of some of the regions look favorable for their resident banks. So these banks might be able to deal with the broader issues better than others. One such region is the Southeast.
CFNL: 26.68 (+0.11), FBP: 4.90 (+0.07), SONA: 12.77 (+0.10), MNRK: 18.49 (-1.37), STBZ: 23.00 (+0.11)
Monarch Financial Holdings, Inc. and TowneBank Receive Regulatory Approvals for Merger
GlobeNewswire - Tue May 17, 7:30AM CDT
Hampton Roads based TowneBank (NASDAQ:TOWN) and Monarch Financial Holdings, Inc. (NASDAQ:MNRK), today announced that the Federal Deposit Insurance Corporation and the Virginia State Corporation Commission have approved the regulatory applications filed in connection with TowneBank's acquisition of Monarch Financial Holdings, Inc. and its wholly-owned subsidiary Monarch Bank.
TOWN: 23.87 (unch), MNRK: 18.49 (-1.37)
Bank of the Ozarks' Acquisitions Get Two Regulatory Nods
Zacks Equity Research - Zacks Investment Research - Mon May 16, 9:04AM CDT
Bank of the Ozarks (OZRK) announced the receipt of regulatory approvals for the previously announced merger transactions with Community & Southern Holdings as well as C1 Financial (BNK).
FBP: 4.90 (+0.07), BNK: 23.39 (-0.20), MNRK: 18.49 (-1.37), OZRK: 39.56 (+0.26)
Monarch Financial posts 1Q profit
Automated Insights - Thu Apr 21, 7:59AM CDT
CHESAPEAKE, Va. (AP) _ Monarch Financial Holdings Inc. (MNRK) on Thursday reported first-quarter net income of $4.1 million.
MNRK: 18.49 (-1.37)
Monarch Financial Profits Rise 17% to a New Quarterly Record, Cash Dividend Declared
GlobeNewswire - Thu Apr 21, 7:30AM CDT
Monarch Financial Holdings, Inc. (Nasdaq:MNRK), the bank holding company for Monarch Bank, reported record quarterly profits and solid loan and deposit growth. The Board of Directors announced a quarterly common stock cash dividend of $0.09 per common share, payable on May 27, 2016, to shareholders of record on May 10, 2016. This quarterly payment represents a 10% increase over the dividend paid in the second quarter of 2015 after adjusting for the effect of the December 2015 11-for-10 stock split.
MNRK: 18.49 (-1.37)
Hancock Q1 Provision Outlook Up on Prolonged Energy Cycle
Zacks Equity Research - Zacks Investment Research - Tue Mar 29, 1:50PM CDT
Hancock (HBHC) has raised its expected provision for credit losses for the first quarter of 2016.
HBHC: 32.48 (+0.40), CSFL: 18.13 (+0.07), MNRK: 18.49 (-1.37), FNBC: 12.97 (+0.26)
TowneBank Announces Agreement to Acquire Monarch Financial Holdings, Inc. and Monarch Bank
GlobeNewswire - Thu Dec 17, 8:15AM CST
Hampton Roads based TowneBank (NASDAQ:TOWN) and Monarch Financial Holdings, Inc., the parent company of Monarch Bank (NASDAQ:MNRK), today announced the signing of a definitive merger agreement pursuant to which TowneBank will acquire Monarch creating a $7.3 billion hometown bank serving Hampton Roads, Richmond and Northeastern North Carolina. On a proforma basis, the combined companies will rank No. 1 in deposit market share with 20.64% of the Hampton Roads market and will be the only community bank in the top 50 largest MSAs in the United States with a No. 1 market share ranking.
TOWN: 23.87 (unch), MNRK: 18.49 (-1.37)
Monarch Financial Holdings, Inc. and Monarch Bank Announce Agreement to Merge With TowneBank
GlobeNewswire - Thu Dec 17, 8:15AM CST
Hampton Roads based TowneBank (NASDAQ:TOWN) and Monarch Financial Holdings, Inc., the parent company of Monarch Bank (NASDAQ:MNRK), today announced the signing of a definitive merger agreement pursuant to which TowneBank will acquire Monarch creating a $7.3 billion hometown bank serving Hampton Roads, Richmond and Northeastern North Carolina. On a proforma basis, the combined companies will rank No. 1 in deposit market share with 20.64% of the Hampton Roads market and will be the only community bank in the top 50 largest MSAs in the United States with a No. 1 market share ranking.
TOWN: 23.87 (unch), MNRK: 18.49 (-1.37)
Monarch Financial Reports 3rd Quarter Financial Performance and Declares Both Cash and Stock Dividends
GlobeNewswire - Thu Oct 22, 8:00AM CDT
Monarch Financial Holdings, Inc. (Nasdaq:MNRK), the bank holding company for Monarch Bank, reported strong third quarter profit and continued financial performance. The Board of Directors announced a quarterly common stock cash dividend of $0.09 per common share, payable on November 30, 2015, to shareholders of record on November 12, 2015. Total cash dividends declared in 2015 increased 13% from the previous year.
MNRK: 18.49 (-1.37)
Monarch's Annual Golf Tournament Raises $265,000 to Support Local Children's Charities
GlobeNewswire - Wed Oct 07, 10:42AM CDT
Monarch Charities, the charitable arm for Monarch Bank and Monarch Financial Holdings, Inc. (Nasdaq:MNRK), hosted its 14th Annual Charity Golf Tournament on September 16, 2015 and raised over $265,000 to benefit local children's organizations in Hampton Roads and on the Outer Banks of North Carolina.
MNRK: 18.49 (-1.37)
Monarch Financial Holdings Earns Sandler O'Neill's Sm-All Star Award for Financial Performance
GlobeNewswire - Mon Sep 28, 7:49AM CDT
Monarch Financial Holdings, Inc., parent of Monarch Bank, (NASDAQ:MNRK) announced it has been named one of the top performing banks in the nation by investment banking firm Sandler O'Neill. This was the fourth time Monarch has been recognized with this award since 2007, and places Monarch in the top 8% of banks nationwide in terms of performance. Sandler notes the Sm-All Star approach is a starting point to identifying high quality companies before they are discovered by Wall Street.
MNRK: 18.49 (-1.37)
Monarch Financial Holdings, Inc. Announces Stock Repurchase Program
GlobeNewswire - Thu Sep 24, 7:30AM CDT
Monarch Financial Holdings, Inc. (Nasdaq:MNRK), parent of Monarch Bank, announced that the Company's board of directors has approved the repurchase of up to five percent of the Company's outstanding common stock, or approximately 540,000 shares, over the next twelve months. Repurchases may be conducted from time to time through open market purchases or privately negotiated transactions. The timing and actual number of shares repurchased will depend on market conditions and other factors.
MNRK: 18.49 (-1.37)
Michael Kos Joins Monarch Bank's Business Banking Team
GlobeNewswire - Thu Aug 13, 11:30AM CDT
Monarch Bank, a subsidiary of Monarch Financial Holdings, Inc. announced that Michael (Mike) Kos has joined the company as Senior Vice President in their Business Banking Group's Chesapeake Office. Mike has over 29 years' experience and will focus on providing commercial banking and commercial real estate services to clients.
MNRK: 18.49 (-1.37)
Monarch Financial Reports Record 2nd Quarter and Declares Cash Dividend
GlobeNewswire - Thu Jul 23, 7:15AM CDT
Monarch Financial Holdings, Inc. (Nasdaq:MNRK), the bank holding company for Monarch Bank, reported record second quarter profit and continued strong financial performance. The Board of Directors announced a quarterly common stock cash dividend of $0.09 per common share, payable on August 31, 2015, to shareholders of record on August 7, 2015.
MNRK: 18.49 (-1.37)
Synovus Controls Costs Effectively, Regulatory Woes Rife
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 7:49AM CDT
On Jun 9, we issued an updated research report on Synovus Financial Corporation (SNV). Cost control, pruning of assets, improving credit quality and a strong capital position are major driving factors.
SNV: 33.38 (+0.45), FBP: 4.90 (+0.07), MNRK: 18.49 (-1.37), STBZ: 23.00 (+0.11)
Should You Consider Holding Bank of the Ozarks Stock?
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 7:08AM CDT
Despite mounting expenses and margin compression, Bank of the Ozarks' inorganic growth strategy and improvement in loan and deposits assure a steady growth in the future.
FBP: 4.90 (+0.07), SONA: 12.77 (+0.10), MNRK: 18.49 (-1.37), OZRK: 39.56 (+0.26)
The Zacks Analyst Blog Highlights: First Bancorp, Cardinal Financial, Monarch Financial Holdings, Southern National Bancorp of Virginia and State Bank Financial
Zacks Equity Research - Zacks Investment Research - Tue May 31, 8:30AM CDT
The Zacks Analyst Blog Highlights: First Bancorp, Cardinal Financial, Monarch Financial Holdings, Southern National Bancorp of Virginia and State Bank Financial
CFNL: 26.68 (+0.11), FBP: 4.90 (+0.07), SONA: 12.77 (+0.10), MNRK: 18.49 (-1.37), STBZ: 23.00 (+0.11)
5 Best Southeast U.S. Bank Stocks of the Region
Zacks Equity Research - Zacks Investment Research - Fri May 27, 1:11PM CDT
Economies of some of the regions look favorable for their resident banks. So these banks might be able to deal with the broader issues better than others. One such region is the Southeast.
CFNL: 26.68 (+0.11), FBP: 4.90 (+0.07), SONA: 12.77 (+0.10), MNRK: 18.49 (-1.37), STBZ: 23.00 (+0.11)
Monarch Financial Holdings, Inc. and TowneBank Receive Regulatory Approvals for Merger
GlobeNewswire - Tue May 17, 7:30AM CDT
Hampton Roads based TowneBank (NASDAQ:TOWN) and Monarch Financial Holdings, Inc. (NASDAQ:MNRK), today announced that the Federal Deposit Insurance Corporation and the Virginia State Corporation Commission have approved the regulatory applications filed in connection with TowneBank's acquisition of Monarch Financial Holdings, Inc. and its wholly-owned subsidiary Monarch Bank.
TOWN: 23.87 (unch), MNRK: 18.49 (-1.37)
Bank of the Ozarks' Acquisitions Get Two Regulatory Nods
Zacks Equity Research - Zacks Investment Research - Mon May 16, 9:04AM CDT
Bank of the Ozarks (OZRK) announced the receipt of regulatory approvals for the previously announced merger transactions with Community & Southern Holdings as well as C1 Financial (BNK).
FBP: 4.90 (+0.07), BNK: 23.39 (-0.20), MNRK: 18.49 (-1.37), OZRK: 39.56 (+0.26)
Monarch Financial posts 1Q profit
Automated Insights - Thu Apr 21, 7:59AM CDT
CHESAPEAKE, Va. (AP) _ Monarch Financial Holdings Inc. (MNRK) on Thursday reported first-quarter net income of $4.1 million.
MNRK: 18.49 (-1.37)
Monarch Financial Profits Rise 17% to a New Quarterly Record, Cash Dividend Declared
GlobeNewswire - Thu Apr 21, 7:30AM CDT
Monarch Financial Holdings, Inc. (Nasdaq:MNRK), the bank holding company for Monarch Bank, reported record quarterly profits and solid loan and deposit growth. The Board of Directors announced a quarterly common stock cash dividend of $0.09 per common share, payable on May 27, 2016, to shareholders of record on May 10, 2016. This quarterly payment represents a 10% increase over the dividend paid in the second quarter of 2015 after adjusting for the effect of the December 2015 11-for-10 stock split.
MNRK: 18.49 (-1.37)
Hancock Q1 Provision Outlook Up on Prolonged Energy Cycle
Zacks Equity Research - Zacks Investment Research - Tue Mar 29, 1:50PM CDT
Hancock (HBHC) has raised its expected provision for credit losses for the first quarter of 2016.
HBHC: 32.48 (+0.40), CSFL: 18.13 (+0.07), MNRK: 18.49 (-1.37), FNBC: 12.97 (+0.26)
TowneBank Announces Agreement to Acquire Monarch Financial Holdings, Inc. and Monarch Bank
GlobeNewswire - Thu Dec 17, 8:15AM CST
Hampton Roads based TowneBank (NASDAQ:TOWN) and Monarch Financial Holdings, Inc., the parent company of Monarch Bank (NASDAQ:MNRK), today announced the signing of a definitive merger agreement pursuant to which TowneBank will acquire Monarch creating a $7.3 billion hometown bank serving Hampton Roads, Richmond and Northeastern North Carolina. On a proforma basis, the combined companies will rank No. 1 in deposit market share with 20.64% of the Hampton Roads market and will be the only community bank in the top 50 largest MSAs in the United States with a No. 1 market share ranking.
TOWN: 23.87 (unch), MNRK: 18.49 (-1.37)
Monarch Financial Holdings, Inc. and Monarch Bank Announce Agreement to Merge With TowneBank
GlobeNewswire - Thu Dec 17, 8:15AM CST
Hampton Roads based TowneBank (NASDAQ:TOWN) and Monarch Financial Holdings, Inc., the parent company of Monarch Bank (NASDAQ:MNRK), today announced the signing of a definitive merger agreement pursuant to which TowneBank will acquire Monarch creating a $7.3 billion hometown bank serving Hampton Roads, Richmond and Northeastern North Carolina. On a proforma basis, the combined companies will rank No. 1 in deposit market share with 20.64% of the Hampton Roads market and will be the only community bank in the top 50 largest MSAs in the United States with a No. 1 market share ranking.
TOWN: 23.87 (unch), MNRK: 18.49 (-1.37)
Monarch Financial Reports 3rd Quarter Financial Performance and Declares Both Cash and Stock Dividends
GlobeNewswire - Thu Oct 22, 8:00AM CDT
Monarch Financial Holdings, Inc. (Nasdaq:MNRK), the bank holding company for Monarch Bank, reported strong third quarter profit and continued financial performance. The Board of Directors announced a quarterly common stock cash dividend of $0.09 per common share, payable on November 30, 2015, to shareholders of record on November 12, 2015. Total cash dividends declared in 2015 increased 13% from the previous year.
MNRK: 18.49 (-1.37)
Monarch's Annual Golf Tournament Raises $265,000 to Support Local Children's Charities
GlobeNewswire - Wed Oct 07, 10:42AM CDT
Monarch Charities, the charitable arm for Monarch Bank and Monarch Financial Holdings, Inc. (Nasdaq:MNRK), hosted its 14th Annual Charity Golf Tournament on September 16, 2015 and raised over $265,000 to benefit local children's organizations in Hampton Roads and on the Outer Banks of North Carolina.
MNRK: 18.49 (-1.37)
Monarch Financial Holdings Earns Sandler O'Neill's Sm-All Star Award for Financial Performance
GlobeNewswire - Mon Sep 28, 7:49AM CDT
Monarch Financial Holdings, Inc., parent of Monarch Bank, (NASDAQ:MNRK) announced it has been named one of the top performing banks in the nation by investment banking firm Sandler O'Neill. This was the fourth time Monarch has been recognized with this award since 2007, and places Monarch in the top 8% of banks nationwide in terms of performance. Sandler notes the Sm-All Star approach is a starting point to identifying high quality companies before they are discovered by Wall Street.
MNRK: 18.49 (-1.37)
Monarch Financial Holdings, Inc. Announces Stock Repurchase Program
GlobeNewswire - Thu Sep 24, 7:30AM CDT
Monarch Financial Holdings, Inc. (Nasdaq:MNRK), parent of Monarch Bank, announced that the Company's board of directors has approved the repurchase of up to five percent of the Company's outstanding common stock, or approximately 540,000 shares, over the next twelve months. Repurchases may be conducted from time to time through open market purchases or privately negotiated transactions. The timing and actual number of shares repurchased will depend on market conditions and other factors.
MNRK: 18.49 (-1.37)
Michael Kos Joins Monarch Bank's Business Banking Team
GlobeNewswire - Thu Aug 13, 11:30AM CDT
Monarch Bank, a subsidiary of Monarch Financial Holdings, Inc. announced that Michael (Mike) Kos has joined the company as Senior Vice President in their Business Banking Group's Chesapeake Office. Mike has over 29 years' experience and will focus on providing commercial banking and commercial real estate services to clients.
MNRK: 18.49 (-1.37)
Monarch Financial Reports Record 2nd Quarter and Declares Cash Dividend
GlobeNewswire - Thu Jul 23, 7:15AM CDT
Monarch Financial Holdings, Inc. (Nasdaq:MNRK), the bank holding company for Monarch Bank, reported record second quarter profit and continued strong financial performance. The Board of Directors announced a quarterly common stock cash dividend of $0.09 per common share, payable on August 31, 2015, to shareholders of record on August 7, 2015.
MNRK: 18.49 (-1.37)
