trending Market Intelligence /marketintelligence/en/news-insights/trending/cUIGlmHZ_Ot1sTOcKOolzw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Stephens, D.A. Davidson initiate coverage of 3 community banks

Key Credit Risk Factors When Assessing Banks In The Context Of COVID-19

Street Talk Episode 61 - Investors debate if U.S. banks have enough capital in post COVID world

You Down With PPP? Consider The Risks

Street Talk Episode 60 - You Down With PPP? Consider The Risks


Stephens, D.A. Davidson initiate coverage of 3 community banks

Initiations

Stephens analyst Tyler Stafford initiated coverage of Irvine, Calif.-based Opus Bank.

Following disappointing credit performance over recent years, the company's balance sheet is now de-risked, and it has multiple opportunities to improve operating performance, the analyst wrote.

Stafford initiated coverage with an "overweight" rating and a price target of $30. His EPS estimates are $1.45 for 2019 and $1.46 for 2020.

--------------------------

D.A. Davidson analyst Kevin Fitzsimmons initiated coverage of Ruston, La.-based Origin Bancorp Inc.

The bank has seen a steady enhancement to the growth profile of the franchise, with Texas accounting for a greater proportion of loan growth. While the company has not participated in traditional bank M&A in nearly 10 years, Fitzsimmons believes Origin Bancorp is now "incrementally" more open to accretive M&A opportunities.

The analyst initiated coverage with a "buy" rating and a price target of $41.50. His EPS estimates are $2.30 for 2019 and $2.41 for 2020.

--------------------------

Fitzsimmons also initiated coverage of Lafayette, La.-based Home Bancorp Inc.

The bank has an attractive, low-cost deposit base; strong capital ratios; a proven track record as an acquirer; and above-peer profitability, the analyst wrote. However, net interest margin pressure, credit "lumpiness" and an underleveraged expense base will be headwinds, according to Fitzsimmons.

The analyst initiated coverage with a "neutral" rating and a price target of $41.50. His EPS estimates are $3.04 for 2019 and $2.98 for 2020.