Hudson City Bancorp (HCBK) 10.12 $HCBK M&T Bank
Post# of 273257
Posted On: 09/03/2016 11:18:14 AM
Hudson City Bancorp (HCBK) 10.12 $HCBK
M&T Bank Corporation Announces First Quarter Results
PR Newswire - Mon Apr 18, 5:50AM CDT
M&T Bank Corporation ("M&T"
(NYSE: MTB) today reported its results of operations for the quarter ended March 31, 2016.
MTB: 117.34 (+0.02), HCBK: 10.12 (-0.07)
M&T Bank reports Q4 2015 net income OF USD271m
M2 - Fri Jan 22, 5:39AM CST
M&T Bank Corporation (NYSE: MTB) has reported GAAP-basis net income in the recent quarter was USD271 million, compared with USD278 million in the final quarter of 2014 and USD280 million in 2015's third quarter, the company said. Reflecting the impact of merger-related expenses associated with its recent acquisition, M&T's diluted earnings per common share measured in accordance with generally accepted accounting principles for the fourth quarter of 2015 were USD1.65, compared with USD1.92 in the year-earlier quarter and USD1.93 in the third quarter of 2015. Expressed as an annualized rate of return on average assets and average common shareholders' equity, GAAP-basis net income for the recent quarter was .93 percent and 7.22 percent, respectively, compared with 1.12 percent and 9.10 percent, respectively, in the year-earlier quarter and 1.13 percent and 8.93 percent, respectively, in the third quarter of 2015. M&T's fourth quarter results reflect its acquisition of Hudson City Bancorp, Inc., effective November 1, 2015, including the payment of cash consideration of USD2.1 billion and the issuance of 25,953,950 common shares. Assets acquired in the transaction totaled approximately USD34.6 billion, including USD19.0 billion of loans and USD7.9 billion of investment securities, while liabilities assumed were USD31.5 billion, including USD17.9 billion of deposits and USD13.2 billion of borrowings. For the full year of 2015, diluted earnings per common share were USD7.18, compared with USD7.42 for 2014. Net income totaled USD1.08 billion in 2015, up from USD1.07 billion in 2014. Expressed as a rate of return on average assets and average common shareholders' equity, net income in 2015 was 1.06 percent and 8.32 percent, respectively, compared with 1.16 percent and 9.08 percent, respectively, in 2014. M&T is a financial holding company headquartered in Buffalo, New York. The company's principal banking subsidiary, M&T Bank, operates banking offices in New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and the District of Columbia. Trust-related services are provided by M&T's Wilmington Trust-affiliated companies and by M&T Bank.
MTB: 117.34 (+0.02), HCBK: 10.12 (-0.07)
M&T Bank Corporation Announces Final Hudson City Merger Consideration Election and Pro-ration Results
PR Newswire - Fri Nov 06, 4:18PM CST
M&T Bank Corporation (NYSE: MTB) ("M&T" announced today the final merger consideration election results from its acquisition of Hudson City Bancorp, Inc. ("Hudson City" , which was completed effective November 1, 2015.
MTB: 117.34 (+0.02), HCBK: 10.12 (-0.07)
M&T Bank Announces Regional Leadership Promotions
PR Newswire - Wed Nov 04, 9:33AM CST
M&T Bank (NYSE: MTB) has announced a series of leadership promotions to manage operations in the Metropolitan New York City and New Jersey area following its acquisition of Hudson City Bancorp, a merger giving the bank a combined total of 177 offices and more than $23 billion of deposits within the region.
MTB: 117.34 (+0.02), HCBK: 10.12 (-0.07)
M&T Bank Corporation Completes Acquisition of Hudson City Bancorp, Inc.
PR Newswire - Mon Nov 02, 7:00AM CST
M&T Bank Corporation (NYSE: MTB) ("M&T" announced today that it completed its acquisition of Hudson City Bancorp, Inc. (NASDAQ: HCBK) ("Hudson City" . Effective November 1, 2015, Hudson City merged into a subsidiary of M&T and Hudson City Savings Bank merged into M&T Bank.
MTB: 117.34 (+0.02), HCBK: 10.12 (-0.07)
Watch for Hudson City Bancorp to Potentially Pullback After Gaining 1.67% Yesterday
Comtex SmarTrend(R) - Wed Oct 28, 5:01PM CDT
Hudson City Bancorp (NASDAQ:HCBK) traded in a range yesterday that spanned from a low of $10.04 to a high of $10.35. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $10.17 on volume of 26.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
HCBK: 10.12 (-0.07)
Blackrock Set to Join the S&P 100; Hewlett Packard Enterprise to Join the S&P 500; Others to Join S&P MidCap 400 & S&P SmallCap 600
PR Newswire - Tue Oct 27, 5:31PM CDT
S&P Dow Jones Indices will make the following changes to the S&P 100, S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:
EXH: 23.06 (+0.54), MKTX: 172.54 (+3.01), EXTN: 14.65 (+0.31), IO: 5.71 (+0.06), BLK: 373.85 (+1.68), ABCB: 35.25 (+0.26), MTB: 117.34 (+0.02), MHFI: 107.92 (+1.16), HPQ: 14.49 (-0.01), HCBK: 10.12 (-0.07), CYN: 89.60 (-0.33), RY: 62.77 (+0.49), AROC: 11.51 (+0.30), HPE: 22.21 (+0.05)
Citizens Financial (CFG) Up 6% on Strong Q3 Earnings
Zacks Equity Research - Zacks Investment Research - Mon Oct 26, 8:17AM CDT
Shares of Citizens Financial Group, Inc. (CFG) gained nearly 6% in a day's trading following its third-quarter 2015 earnings release on Friday, before the market opened.
PBCT: 16.33 (+0.15), CFG: 24.68 (+0.16), ISBC: 12.18 (+0.08), HCBK: 10.12 (-0.07)
10 Biggest Banks in America (3Q15)
John Maxfield, The Motley Fool - Motley Fool - Sat Oct 24, 8:48AM CDT
Now that third-quarter earnings season is complete for most major banks, we can update our list of the nation's 10 biggest banks by assets. While there were no changes in rank this quarter, with JPMorgan Chase , Bank of America , Citigroup ,...
FITB: 20.10 (+0.06), JPM: 67.49 (+0.28), C: 47.51 (+0.15), MTB: 117.34 (+0.02), WFC: 50.55 (+0.12), BAC: 16.00 (+0.02), HCBK: 10.12 (-0.07)
M&T Bank Corporation Announces Dividend Declarations on Common Stock, Series A and Series C Preferred Stock
PR Newswire - Tue Oct 20, 4:01PM CDT
M&T Bank Corporation ("M&T" (NYSE: MTB) announced that it has declared a quarterly cash dividend of $.70 per share on its common stock. The dividend will be payable December 29, 2015 to shareholders of record at the close of business on October 30, 2015. M&T's Board of Directors made the determination to select this record date as a reasonable means to offset a portion of the expense that M&T will assume, and to assist in fully satisfying its obligations under, the consent order entered into by Hudson City Savings Bank with the Consumer Financial Protection Bureau and the U.S. Department of Justice. The acquisition of Hudson City Bancorp, Inc. ("Hudson City" is scheduled to close on or about November 1, 2015. Shareholders of Hudson City have until 5:00 p.m., Eastern Daylight Time, on Friday, October 30, 2015 to elect the form of consideration they wish to receive in the transaction, or to change a prior election.
MTB: 117.34 (+0.02), HCBK: 10.12 (-0.07)
Was This $5.5 Billion Bank Merger Really Worth the Wait?
Eric Volkman, The Motley Fool - Motley Fool - Mon Oct 19, 3:46PM CDT
If you get antsy standing in line for more than a few minutes, then you'll have plenty of empathy for M&T Bank 's multi-year efforts to close its latest acquisition. Source: Jan Vašek, via Pexels.com. The regional lender had to wait...
MTB: 117.34 (+0.02), HCBK: 10.12 (-0.07)
M&T Bank (MTB) Misses on Q3 Earnings, Revenues Up Y/Y
Zacks Equity Research - Zacks Investment Research - Mon Oct 19, 1:21PM CDT
M&T Bank Corporation's (MTB) third-quarter 2015 earnings of $1.93 per share lagged the Zacks Consensus Estimate of $2.01.
JPM: 67.49 (+0.28), MTB: 117.34 (+0.02), WFC: 50.55 (+0.12), HCBK: 10.12 (-0.07)
NY approves Hudson City Savings merger into M&T Bank Corp.
AP - Sun Oct 11, 8:25AM CDT
ALBANY, N.Y. (AP) — New York regulators have approved Buffalo-based M&T Bank Corp.'s application to acquire Hudson City Bancorp Inc.
MTB: 117.34 (+0.02), HCBK: 10.12 (-0.07)
M&T Bank Corporation Receives New York State Department of Financial Services Approval for the Merger of M&T Bank and Hudson City Savings Bank
PR Newswire - Fri Oct 09, 11:20AM CDT
M&T Bank Corporation (NYSE: MTB) ("M&T" announced today that it has received approval from the New York State Department of Financial Services to complete the merger of M&T Bank with Hudson City Savings Bank as part of its acquisition of Hudson City Bancorp, Inc. (NASDAQ: HCBK) ("Hudson City" .
MTB: 117.34 (+0.02), HCBK: 10.12 (-0.07)
A Complaint Alleging Violations of the Federal Securities Laws Has Been Filed on Behalf of Hudson City Bancorp Shareholders (HCBK) Concerning Its Acquisition by M & T Bank Corp.
GlobeNewswire - Thu Oct 08, 9:05AM CDT
Law Offices Bernard M. Gross, P.C. (http://www.bernardmgross.com) announces that it filed a class action lawsuit in the U.S. District Court, District of Delaware, 99mc09999, on behalf of Hudson City's shareholders (Nasdaq:HCBK) who were eligible to vote their shares at the April 18, 2013 meeting.
HCBK: 10.12 (-0.07)
Hudson City Bancorp (HCBK) Approaches New Downside Target of $9.39
Comtex SmarTrend(R) - Fri Oct 02, 9:05AM CDT
Hudson City Bancorp (NASDAQ:HCBK) has opened bearishly below the pivot of $9.89 today and has reached the first level of support at $9.57. Analysts will be watching for a cross of the next downside pivot targets of $9.39 and $8.89.
HCBK: 10.12 (-0.07)
M&T Bank, Hudson City to Finally Merge on Fed Approval
Zacks Equity Research - Zacks Investment Research - Thu Oct 01, 10:40AM CDT
The attempts at closing the long awaited merger deal between M&T Bank Corporation (MTB) and Hudson City Bancorp, Inc. (HCBK) bore fruit on Wednesday.
STI: 43.97 (+0.18), MTB: 117.34 (+0.02), WFC: 50.55 (+0.12), HCBK: 10.12 (-0.07)
Hudson City Bancorp (HCBK) Catches Eye: Stock Jumps 7%
Zacks Equity Research - Zacks Investment Research - Thu Oct 01, 8:39AM CDT
Hudson City Bancorp, Inc. (HCBK) was a big mover last session, as the company saw its shares rise above 7% on the day.
MTB: 117.34 (+0.02), HCBK: 10.12 (-0.07)
Hudson City Bancorp Set to Possibly Pullback After Yesterday's Rally of 7.05%
Comtex SmarTrend(R) - Wed Sep 30, 3:56PM CDT
Hudson City Bancorp (NASDAQ:HCBK) traded in a range yesterday that spanned from a low of $9.51 to a high of $10.19. Yesterday, the shares gained 7.1%, which took the trading range above the 3-day high of $9.84 on volume of 47.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
HCBK: 10.12 (-0.07)
Watch for Hudson City Bancorp to Potentially Pullback After Gaining 7.05% Yesterday
Comtex SmarTrend(R) - Wed Sep 30, 3:56PM CDT
Hudson City Bancorp (NASDAQ:HCBK) traded in a range yesterday that spanned from a low of $9.51 to a high of $10.19. Yesterday, the shares gained 7.1%, which took the trading range above the 3-day high of $9.84 on volume of 47.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
HCBK: 10.12 (-0.07)
M&T Bank Corporation Announces First Quarter Results
PR Newswire - Mon Apr 18, 5:50AM CDT
M&T Bank Corporation ("M&T"
(NYSE: MTB) today reported its results of operations for the quarter ended March 31, 2016. MTB: 117.34 (+0.02), HCBK: 10.12 (-0.07)
M&T Bank reports Q4 2015 net income OF USD271m
M2 - Fri Jan 22, 5:39AM CST
M&T Bank Corporation (NYSE: MTB) has reported GAAP-basis net income in the recent quarter was USD271 million, compared with USD278 million in the final quarter of 2014 and USD280 million in 2015's third quarter, the company said. Reflecting the impact of merger-related expenses associated with its recent acquisition, M&T's diluted earnings per common share measured in accordance with generally accepted accounting principles for the fourth quarter of 2015 were USD1.65, compared with USD1.92 in the year-earlier quarter and USD1.93 in the third quarter of 2015. Expressed as an annualized rate of return on average assets and average common shareholders' equity, GAAP-basis net income for the recent quarter was .93 percent and 7.22 percent, respectively, compared with 1.12 percent and 9.10 percent, respectively, in the year-earlier quarter and 1.13 percent and 8.93 percent, respectively, in the third quarter of 2015. M&T's fourth quarter results reflect its acquisition of Hudson City Bancorp, Inc., effective November 1, 2015, including the payment of cash consideration of USD2.1 billion and the issuance of 25,953,950 common shares. Assets acquired in the transaction totaled approximately USD34.6 billion, including USD19.0 billion of loans and USD7.9 billion of investment securities, while liabilities assumed were USD31.5 billion, including USD17.9 billion of deposits and USD13.2 billion of borrowings. For the full year of 2015, diluted earnings per common share were USD7.18, compared with USD7.42 for 2014. Net income totaled USD1.08 billion in 2015, up from USD1.07 billion in 2014. Expressed as a rate of return on average assets and average common shareholders' equity, net income in 2015 was 1.06 percent and 8.32 percent, respectively, compared with 1.16 percent and 9.08 percent, respectively, in 2014. M&T is a financial holding company headquartered in Buffalo, New York. The company's principal banking subsidiary, M&T Bank, operates banking offices in New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and the District of Columbia. Trust-related services are provided by M&T's Wilmington Trust-affiliated companies and by M&T Bank.
MTB: 117.34 (+0.02), HCBK: 10.12 (-0.07)
M&T Bank Corporation Announces Final Hudson City Merger Consideration Election and Pro-ration Results
PR Newswire - Fri Nov 06, 4:18PM CST
M&T Bank Corporation (NYSE: MTB) ("M&T"
announced today the final merger consideration election results from its acquisition of Hudson City Bancorp, Inc. ("Hudson City" , which was completed effective November 1, 2015. MTB: 117.34 (+0.02), HCBK: 10.12 (-0.07)
M&T Bank Announces Regional Leadership Promotions
PR Newswire - Wed Nov 04, 9:33AM CST
M&T Bank (NYSE: MTB) has announced a series of leadership promotions to manage operations in the Metropolitan New York City and New Jersey area following its acquisition of Hudson City Bancorp, a merger giving the bank a combined total of 177 offices and more than $23 billion of deposits within the region.
MTB: 117.34 (+0.02), HCBK: 10.12 (-0.07)
M&T Bank Corporation Completes Acquisition of Hudson City Bancorp, Inc.
PR Newswire - Mon Nov 02, 7:00AM CST
M&T Bank Corporation (NYSE: MTB) ("M&T"
announced today that it completed its acquisition of Hudson City Bancorp, Inc. (NASDAQ: HCBK) ("Hudson City" . Effective November 1, 2015, Hudson City merged into a subsidiary of M&T and Hudson City Savings Bank merged into M&T Bank. MTB: 117.34 (+0.02), HCBK: 10.12 (-0.07)
Watch for Hudson City Bancorp to Potentially Pullback After Gaining 1.67% Yesterday
Comtex SmarTrend(R) - Wed Oct 28, 5:01PM CDT
Hudson City Bancorp (NASDAQ:HCBK) traded in a range yesterday that spanned from a low of $10.04 to a high of $10.35. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $10.17 on volume of 26.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
HCBK: 10.12 (-0.07)
Blackrock Set to Join the S&P 100; Hewlett Packard Enterprise to Join the S&P 500; Others to Join S&P MidCap 400 & S&P SmallCap 600
PR Newswire - Tue Oct 27, 5:31PM CDT
S&P Dow Jones Indices will make the following changes to the S&P 100, S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:
EXH: 23.06 (+0.54), MKTX: 172.54 (+3.01), EXTN: 14.65 (+0.31), IO: 5.71 (+0.06), BLK: 373.85 (+1.68), ABCB: 35.25 (+0.26), MTB: 117.34 (+0.02), MHFI: 107.92 (+1.16), HPQ: 14.49 (-0.01), HCBK: 10.12 (-0.07), CYN: 89.60 (-0.33), RY: 62.77 (+0.49), AROC: 11.51 (+0.30), HPE: 22.21 (+0.05)
Citizens Financial (CFG) Up 6% on Strong Q3 Earnings
Zacks Equity Research - Zacks Investment Research - Mon Oct 26, 8:17AM CDT
Shares of Citizens Financial Group, Inc. (CFG) gained nearly 6% in a day's trading following its third-quarter 2015 earnings release on Friday, before the market opened.
PBCT: 16.33 (+0.15), CFG: 24.68 (+0.16), ISBC: 12.18 (+0.08), HCBK: 10.12 (-0.07)
10 Biggest Banks in America (3Q15)
John Maxfield, The Motley Fool - Motley Fool - Sat Oct 24, 8:48AM CDT
Now that third-quarter earnings season is complete for most major banks, we can update our list of the nation's 10 biggest banks by assets. While there were no changes in rank this quarter, with JPMorgan Chase , Bank of America , Citigroup ,...
FITB: 20.10 (+0.06), JPM: 67.49 (+0.28), C: 47.51 (+0.15), MTB: 117.34 (+0.02), WFC: 50.55 (+0.12), BAC: 16.00 (+0.02), HCBK: 10.12 (-0.07)
M&T Bank Corporation Announces Dividend Declarations on Common Stock, Series A and Series C Preferred Stock
PR Newswire - Tue Oct 20, 4:01PM CDT
M&T Bank Corporation ("M&T"
(NYSE: MTB) announced that it has declared a quarterly cash dividend of $.70 per share on its common stock. The dividend will be payable December 29, 2015 to shareholders of record at the close of business on October 30, 2015. M&T's Board of Directors made the determination to select this record date as a reasonable means to offset a portion of the expense that M&T will assume, and to assist in fully satisfying its obligations under, the consent order entered into by Hudson City Savings Bank with the Consumer Financial Protection Bureau and the U.S. Department of Justice. The acquisition of Hudson City Bancorp, Inc. ("Hudson City" is scheduled to close on or about November 1, 2015. Shareholders of Hudson City have until 5:00 p.m., Eastern Daylight Time, on Friday, October 30, 2015 to elect the form of consideration they wish to receive in the transaction, or to change a prior election. MTB: 117.34 (+0.02), HCBK: 10.12 (-0.07)
Was This $5.5 Billion Bank Merger Really Worth the Wait?
Eric Volkman, The Motley Fool - Motley Fool - Mon Oct 19, 3:46PM CDT
If you get antsy standing in line for more than a few minutes, then you'll have plenty of empathy for M&T Bank 's multi-year efforts to close its latest acquisition. Source: Jan Vašek, via Pexels.com. The regional lender had to wait...
MTB: 117.34 (+0.02), HCBK: 10.12 (-0.07)
M&T Bank (MTB) Misses on Q3 Earnings, Revenues Up Y/Y
Zacks Equity Research - Zacks Investment Research - Mon Oct 19, 1:21PM CDT
M&T Bank Corporation's (MTB) third-quarter 2015 earnings of $1.93 per share lagged the Zacks Consensus Estimate of $2.01.
JPM: 67.49 (+0.28), MTB: 117.34 (+0.02), WFC: 50.55 (+0.12), HCBK: 10.12 (-0.07)
NY approves Hudson City Savings merger into M&T Bank Corp.
AP - Sun Oct 11, 8:25AM CDT
ALBANY, N.Y. (AP) — New York regulators have approved Buffalo-based M&T Bank Corp.'s application to acquire Hudson City Bancorp Inc.
MTB: 117.34 (+0.02), HCBK: 10.12 (-0.07)
M&T Bank Corporation Receives New York State Department of Financial Services Approval for the Merger of M&T Bank and Hudson City Savings Bank
PR Newswire - Fri Oct 09, 11:20AM CDT
M&T Bank Corporation (NYSE: MTB) ("M&T"
announced today that it has received approval from the New York State Department of Financial Services to complete the merger of M&T Bank with Hudson City Savings Bank as part of its acquisition of Hudson City Bancorp, Inc. (NASDAQ: HCBK) ("Hudson City" . MTB: 117.34 (+0.02), HCBK: 10.12 (-0.07)
A Complaint Alleging Violations of the Federal Securities Laws Has Been Filed on Behalf of Hudson City Bancorp Shareholders (HCBK) Concerning Its Acquisition by M & T Bank Corp.
GlobeNewswire - Thu Oct 08, 9:05AM CDT
Law Offices Bernard M. Gross, P.C. (http://www.bernardmgross.com) announces that it filed a class action lawsuit in the U.S. District Court, District of Delaware, 99mc09999, on behalf of Hudson City's shareholders (Nasdaq:HCBK) who were eligible to vote their shares at the April 18, 2013 meeting.
HCBK: 10.12 (-0.07)
Hudson City Bancorp (HCBK) Approaches New Downside Target of $9.39
Comtex SmarTrend(R) - Fri Oct 02, 9:05AM CDT
Hudson City Bancorp (NASDAQ:HCBK) has opened bearishly below the pivot of $9.89 today and has reached the first level of support at $9.57. Analysts will be watching for a cross of the next downside pivot targets of $9.39 and $8.89.
HCBK: 10.12 (-0.07)
M&T Bank, Hudson City to Finally Merge on Fed Approval
Zacks Equity Research - Zacks Investment Research - Thu Oct 01, 10:40AM CDT
The attempts at closing the long awaited merger deal between M&T Bank Corporation (MTB) and Hudson City Bancorp, Inc. (HCBK) bore fruit on Wednesday.
STI: 43.97 (+0.18), MTB: 117.34 (+0.02), WFC: 50.55 (+0.12), HCBK: 10.12 (-0.07)
Hudson City Bancorp (HCBK) Catches Eye: Stock Jumps 7%
Zacks Equity Research - Zacks Investment Research - Thu Oct 01, 8:39AM CDT
Hudson City Bancorp, Inc. (HCBK) was a big mover last session, as the company saw its shares rise above 7% on the day.
MTB: 117.34 (+0.02), HCBK: 10.12 (-0.07)
Hudson City Bancorp Set to Possibly Pullback After Yesterday's Rally of 7.05%
Comtex SmarTrend(R) - Wed Sep 30, 3:56PM CDT
Hudson City Bancorp (NASDAQ:HCBK) traded in a range yesterday that spanned from a low of $9.51 to a high of $10.19. Yesterday, the shares gained 7.1%, which took the trading range above the 3-day high of $9.84 on volume of 47.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
HCBK: 10.12 (-0.07)
Watch for Hudson City Bancorp to Potentially Pullback After Gaining 7.05% Yesterday
Comtex SmarTrend(R) - Wed Sep 30, 3:56PM CDT
Hudson City Bancorp (NASDAQ:HCBK) traded in a range yesterday that spanned from a low of $9.51 to a high of $10.19. Yesterday, the shares gained 7.1%, which took the trading range above the 3-day high of $9.84 on volume of 47.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
HCBK: 10.12 (-0.07)
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