Banking & Savings

Creative Solutions for Unique Spaces

Many building types–particularly single-use properties such as banks, theaters, churches and hotels–have unique and dramatic interior spaces that are character-defining yet challenging to adapt for contemporary uses. The National Park Service (NPS) requires the character-defining features of an historic building to be maintained, including unique interior rooms and spaces. In an historic tax credit (HTC) project, the Secretary of the ...

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Timberland Bancorp, Inc. (NASDAQ:TSBK) Position Reduced by Royce & Associates LP

Royce & Associates LP lessened its position in Timberland Bancorp, Inc. (NASDAQ:TSBK) by 0.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 649,671 shares of the savings and loans company’s stock after selling 2,600 shares during the period. Royce & Associates LP owned 8.94% of Timberland ...

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Zacks Investment Research Upgrades New York Community Bancorp, Inc. (NYCB) to “Hold”

New York Community Bancorp, Inc. (NYSE:NYCB) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a research note issued on Wednesday, August 30th. According to Zacks, “New York Community Bancorp, Inc. is a leading producer of multi-family loans in New York City, with an emphasis on apartment buildings that feature below-market rents. The ...

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Comerica Bank Decreases Position in Northwest Bancshares, Inc. (NWBI)

Comerica Bank lowered its position in shares of Northwest Bancshares, Inc. (NASDAQ:NWBI) by 2.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 157,469 shares of the savings and loans company’s stock after selling 4,071 shares during the quarter. Comerica Bank owned 0.15% of Northwest Bancshares worth $2,486,000 at ...

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Providing Financial Solutions Geared to the Equestrian Market Nasdaq:MLVF

Malvern will offer private banking and wealth management services to owners of horses and horse farms and other equestrian-related clientele. Much of the bank’s service area, including Chester County, PA, northern NJ, Westchester County, NY, and Palm Beach, FL, is rich in equestrian tradition, top class farms and competition venues. PAOLI, Pa., Sept. 07, 2017 (GLOBE NEWSWIRE) — Malvern Federal ...

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Investors Bancorp, Inc. (NASDAQ:ISBC) Rating Lowered to Sell at Zacks Investment Research

Investors Bancorp, Inc. (NASDAQ:ISBC) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Tuesday, August 29th. According to Zacks, “Investors Bancorp, Inc. operates as the holding company for Investors Savings Bank, which provides a range of banking services in the United States. The company generates ...

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Clifton Bancorp (CSBK) and Malvern Bancorp (NASDAQ:MLVF) Head-To-Head Review

Clifton Bancorp (NASDAQ: CSBK) and Malvern Bancorp (NASDAQ:MLVF) are both small-cap finance companies, but which is the superior business? We will compare the two businesses based on the strength of their analyst recommendations, risk, earnings, institutional ownership, valuation, dividends and profitability. Profitability This table compares Clifton Bancorp and Malvern Bancorp’s net margins, return on equity and return on assets. Net ...

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Possibly better deposit rates to come, says economics professor

Banks may introduce more attractive deposit schemes soon, either by raising deposit rates or providing other forms of incentives, due to the higher loan-to-deposit (LD) ratio of banks, says Sunway University economics professor Dr Yeah Kim Leng. “With the LD ratio hovering at the 90% level, banks are likely to intensify their campaigns to boost fixed and savings deposits,” he ...

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