Banking & Savings

First Bank (NASDAQ:FRBA) & Meta Financial Group (CASH) Critical Review

Meta Financial Group (NASDAQ: CASH) and First Bank (NASDAQ:FRBA) are both small-cap finance companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, valuation, institutional ownership, analyst recommendations, earnings, profitability and dividends. Analyst Recommendations This is a summary of recent ratings and price targets for Meta Financial Group and First ...

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Sterling Bancorp and Astoria Financial Corporation Announce OCC Approval NYSE:STL

MONTEBELLO, N.Y. and LAKE SUCCESS, N.Y., Aug. 16, 2017 (GLOBE NEWSWIRE) — Sterling Bancorp (NYSE:STL), the holding company for Sterling National Bank and Astoria Financial Corporation (NYSE:AF), the holding company for Astoria Bank, announced today that the Office of the Comptroller of the Currency (“OCC”) has approved the merger of Astoria with and into Sterling (the “Merger”).  The transaction, which ...

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Riverview Bancorp Inc (RVSB) Shares Sold by Acadian Asset Management LLC

Acadian Asset Management LLC decreased its stake in Riverview Bancorp Inc (NASDAQ:RVSB) by 45.5% during the second quarter, Holdings Channel reports. The firm owned 39,228 shares of the savings and loans company’s stock after selling 32,703 shares during the period. Acadian Asset Management LLC’s holdings in Riverview Bancorp were worth $260,000 as of its most recent filing with the SEC. ...

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Bank of Cyprus launches 1.3% AER easy access account

The Bank of Cyprus UK has launched a new issue of its online easy access account at 1.30% AER. The business bank claimed that the new issue was the best interest rate in the market and comes after a year of record-low rates, following the Bank of England’s decision to cut the bank rate to 0.25% in August 2016. The ...

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CIBC ending relationship with PC Financial to launch new banking brand

Daily Hive Staff Aug 16, 2017 8:02 am 2,831 CIBC and President’s Choice Financial (PC Financial) have announced the end of their 20-year relationship. The end comes as CIBC plans to launch Simplii Financial, a new direct banking brand for clients who want no-fee daily banking through online, mobile and telephone channels, according to the major Canadian bank. Currently, CIBC has ...

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Capitol Federal Financial, Inc. (CFFN) Posts Quarterly Earnings Results

Capitol Federal Financial, Inc. (NASDAQ:CFFN) announced its earnings results on Thursday, July 27th. The savings and loans company reported $0.16 EPS for the quarter, meeting analysts’ consensus estimates of $0.16, RTT News reports. The company had revenue of $54.82 million during the quarter, compared to the consensus estimate of $54.30 million. Capitol Federal Financial had a return on equity of ...

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CIBC to swallow PC Financial’s banking business, rebrand as Simplii – Business

President’s Choice is getting out of the daily banking business and selling its PC Financial unit to CIBC, which will rebrand the bank as Simplii. The two companies announced the end of their almost 20-year collaboration on Wednesday, as Loblaw says it will retain its loyalty point program and credit card offering, while handing over all daily chequing, savings, lending ...

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