Initiating Research Reports on Banking Equities -- Citizens Financial, Signature Bank, United Bankshares, and United Community Banks

NEW YORK, August 7, 2017 /PRNewswire/ --

If you want a Stock Review on CFG, SBNY, UBSI, or UCBI then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Companies in the Regional Mid-Atlantic Banks industry offer various financial services and products to individuals and businesses. Although the sector offers an average dividend yield that is in-line with the wider market, its yield falls well below much of the rest of the Financial sector. For today, DailyStockTracker.com monitors the following equities: Citizens Financial Group Inc. (NYSE: CFG), Signature Bank (NASDAQ: SBNY), United Bankshares Inc. (NASDAQ: UBSI), and United Community Banks Inc. (NASDAQ: UCBI). This morning's free research reports on the aforesaid equities are available upon registration on DailyStockTracker.com at: http://dailystocktracker.com/register/

Citizens Financial 

Last Friday, shares in Providence, Rhode Island headquartered Citizens Financial Group Inc. ended the session 1.14% higher at $35.62. The stock recorded a trading volume of 3.70 million shares. The Company's shares are trading 0.26% and 2.45% above their 50-day and 200-day moving averages, respectively. Moreover, shares of Citizens Financial, which operates as the bank holding company for Citizens Bank, N.A. and Citizens Bank of Pennsylvania, which provide consumer and commercial banking services in the US, have a Relative Strength Index (RSI) of 51.88.  

On July 21^st, 2017, Citizens Financial reported Q2 2017 net income of $318 million with earnings per diluted common share of $0.63. Total revenue for Q2 2017 was $1.4 billion, net interest income was $1.0 billion, and net interest margin was 2.97%. Tangible book value per common share of $26.61 increased 2% for the quarter, and fully diluted average common shares outstanding decreased by 3.9 million shares. Visit us today and access our complete research report on CFG at: http://dailystocktracker.com/registration/?symbol=CFG

Signature Bank 

New York headquartered Signature Bank's stock gained 0.29%, to close the day at $136.47 with a total trading volume of 402,979 shares. The Company's shares are trading 3.54% below their 50-day moving average. Shares of the Company, which provides various business and personal banking products and services, have an RSI of 44.43.  

On July 19^th, 2017, Signature Bank announced results for Q2 ended June 30^th, 2017. Net income for Q2 2017 was $14.0 million or $0.26 diluted earnings per share; net interest income reached $307.2 million; and deposits were $33.17 billion. Net interest income for the quarter was $307.2 million; average cost of deposits and average cost of funds both increased by 8 basis points; and net interest margin on a tax-equivalent basis was 3.11%. The complimentary report on SBNY can be downloaded at: http://dailystocktracker.com/registration/?symbol=SBNY

United Bankshares 

Shares in Charleston, West Virginia headquartered United Bankshares Inc. recorded a trading volume of 488,301 shares at the close of the last trading session. The stock ended the day 1.01% higher at $34.90. The Company's shares are trading below their 50-day moving average by 8.72%. Furthermore, shares of United Bankshares, which operates as the bank holding company for United Bank and United Bank that provide commercial and retail banking services and products primarily in the US, have an RSI of 34.61.  

On July 27^th, 2017, United Bankshares reported earnings for Q1 2017 and H1 2017. For Q2 2017, earnings were $37.1 million or $0.37 per diluted share, net interest income was $136.2 million, and noninterest income was $40.5 million. For H1 2017, earnings were $75.9 million, or $0.84 per diluted share, net interest income was $243.9 million, and noninterest income was $60.7 million. Register for free on DailyStockTracker.com and access the latest research report on UBSI at: http://dailystocktracker.com/registration/?symbol=UBSI

United Community Banks 

Blairsville, Georgia-based United Community Banks Inc.'s shares finished Friday's session 0.50% lower at $27.63. A total volume of 446,943 shares was traded, which was higher than their three months average volume of 403,500 shares. The stock is trading above its 50-day and 200-day moving averages by 0.44% and 1.22%, respectively. Furthermore, shares of United Community Banks, which operates as the bank holding company for United Community Bank that provides retail and corporate banking services to individuals and businesses, have an RSI of 47.65.  

On July 24^th, 2017, United Community Banks announced the addition of Clayton Summers to its lending team to focus on the renewable energy sector. Summers has more than 18 years of banking industry experience and deep expertise in renewable energy finance. Most recently, he served as a relationship manager with financial institutions in Charlotte, N.C., and developed a focus on assisting the renewable energy industry, including solar developers and energy tech companies. Get free access to your research report on UCBI at: http://dailystocktracker.com/registration/?symbol=UCBI

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