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Poor On Deck Guidance Is Concerning P2P Investors: But Does It Matter?
Tuesday, May 3, 2016 - 1:16pm | 311Shares of On Deck Capital Inc (NYSE: ONDK) are collapsing Tuesday following a big Q1 earnings and Q2 guidance miss. On Deck reported Q1 EPS of -$0.18 on revenue of $62.6 million versus consensus expectations of -$0.07 EPS on $69.3 million in revenue. Looking ahead, the company guided for $67-70...
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An Activist Is Circling Seacoast Banking: Good For Investors?
Tuesday, March 29, 2016 - 11:28am | 263FBR’s Bob Ramsey upgraded Seacoast Banking Corporation of Florida (NASDAQ: SBCF) from Market Perform to Outperform, while raising the price target from $16 to $20. The analyst cited Basswood Capital Management's significant increase in ownership as well as observer rights agreement as...
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Investment Strategy for Banking Stocks in 2010 (FITB, FCNCA, NYB, SNV)
Wednesday, January 6, 2010 - 1:44pm | 306There are a lot of changes expected for the banks in terms of stricter regulatory system, higher capital requirements and increased liquidity requirements. This will adversely affect the banks’ profitability. Keeping this in mind, the analysts at FBR Capital Markets, Paul J. Miller, Scott Valentin...
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Core Deposits Continue To Grow Significantly at TBBK
Tuesday, December 8, 2009 - 1:44pm | 138Analyst Bob Ramsey of FBR Capital Markets maintains his “market perform” rating on The Bancorp Inc (NASDAQ: TBBK), while raising his estimates for the company. The target price for TBBK has been raised from $6 to $7. According to FBR Capital Markets, The Bancorp’s low-cost deposit gathering...