Skip to main content

Market Overview

15 Activist Bank Stocks Worth Watching

Share:
15 Activist Bank Stocks Worth Watching

Marketfy Maven Tim Melvin recently discussed community bank stocks, particularly those with interest from activist investors.

Some activists like Joseph Stilwell, Lawrence Seidman and PL Capital are known to "take steps to increase shareholder value, or just sell [small banks] outright," Melvin explained.

Citing empirical research from Sterne Agee, he said, activist-led community banks have historically outpaced the NASDAQ Bank Stock Index by nearly three-fold.

Some Trading Ideas

Melvin detailed 15 community bank stocks with interest from Stilwell, Seidman and PL Capital (though it will be worth watching the next round of 13F filings for any updates):

  • First Financial Northwest, Inc. (NASDAQ: FFNW) (Stilwell's largest position)
  • Provident Financial Holdings, Inc. (NASDAQ: PROV)
  • Northeast Community Bancorp, Inc. (NASDAQ: NECB)
  • HopFed Bancorp, Inc (NASDAQ: HFBC)
  • Ameriana Bancorp (NASDAQ: ASBI)
  • ConnectOne Bancorp Inc (NASDAQ: CNOB) (Seidman's largest position)
  • Franklin Financial Corp (NASDAQ: FRNK)
  • Stonegate Bank (NASDAQ: SGBK)
  • Fox Chase Bancorp, Inc. (NASDAQ: FXCB)
  • National Penn Bancshares (NASDAQ: NPBC)
  • Metro Bancorp Inc (NASDAQ: METR) (PL Capital's largest position)
  • Banc of California Inc (NYSE: BANC)
  • BankFinancial Corporation (NASDAQ: BFIN)
  • Enterprise Financial Services Corp (NASDAQ: EFSC)
  • MutualFirst Financial, Inc. (NASDAQ: MFSF)

Latest Ratings for FFNW

DateFirmActionFromTo
Jul 2019Janney CapitalUpgradesNeutralBuy
Feb 2018Fig PartnersUpgradesMarket PerformOutperform
Nov 2016Sandler O'NeillDowngradesBuyHold

View More Analyst Ratings for FFNW
View the Latest Analyst Ratings

 

Related Articles (FFNW)

View Comments and Join the Discussion!

Posted-In: 13F season community bank stocksAnalyst Color Long Ideas Analyst Ratings Trading Ideas Best of Benzinga

Latest Ratings

StockFirmActionPT
REGIHC Wainwright & Co.Maintains115.0
KRTXJMP SecuritiesMaintains167.0
CVNAJMP SecuritiesMaintains290.0
SHAKPiper SandlerMaintains135.0
ABNBPiper SandlerMaintains198.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com