Damon DelMonte

Keefe, Bruyette & Woods analysts recently commented on three community banks. Analyst Brian Zabora anticipated a modest impact to earnings following CoBiz Financial Inc’s (NASDAQ: COBZ) announcement that its would close its investment banking subsidiary, Green Manning & Bunch, as...

In a report published Friday, Keefe, Bruyette & Woods analyst Damon DelMonte reiterated a Market Perform rating and $78.00 price target on Park National Corporation (NYSE: PRK). In the report, Keefe, Bruyette & Woods noted, “PRK announced Tuesday afternoon their intentions to prepay ~$35mm...

In a report published Friday, Keefe, Bruyette & Woods analyst Damon DelMonte reiterated an Outperform rating and $56.00 price target on First Business Financial Services (NASDAQ: FBIZ). In the report, Keefe, Bruyette & Woods noted, “FBIZ announced Tuesday afternoon that current Chief...

In a report published Wednesday, Keefe, Bruyette & Woods analyst Damon DelMonte reiterated a Market Perform rating on First Citizens Banc Corp (NASDAQ: FCZA), and raised the price target from $9.00 to $10.50. In the report, Keefe, Bruyette & Woods noted, “As a follow up to FCZA's recent...

In a report published Wednesday, Keefe, Bruyette & Woods analyst Damon DelMonte downgraded the rating on Independent Bank (NASDAQ: IBCP) from Outperform to Market Perform, and lowered the price target from $14.50 to $14.00. In the report, Keefe, Bruyette & Woods noted, “We are transferring...

In a report published Friday, Keefe, Bruyette & Woods analyst Damon DelMonte upgraded the rating on German American Bancorp (NASDAQ: GABC) from Market Perform to Outperfom, and raised the price target from $29.00 to $30.00. In the report, Keefe, Bruyette & Woods noted, “We are transferring...

KBW analysts Damon DelMonte and Timur Braziler did not change their estimates after in-line earnings for NBT Bancorp (NASDAQ: NBTB). "Reported earnings of $0.42 per share were in-line with both KBW and Street estimates as the bank’s earnings were characterized by a lower provision and better fee...

Abington Bancrop (NASDAQ: ABBC) had a strong 2nd quarter. The company posted an EPS of $0.10, beating Street estimates by $0.02. KBW analysts Damon DelMonte and Timur Braziler said, "A strong quarter for ABBC as earnings of $0.10/share topped Street estimates by $0.02 and KBW estimates by $0.04....