The national banks industry has shown a remarkable performance over the past week, with stocks posting an average gain of 9.21%. This sector, primarily serving the domestic market in the United States, includes banks that offer a range of services such as retail and commercial banking, business checking, treasury management, and wealth management. Prominent examples of national banks include Amerant Bancorp Inc., Esquire Financial Holdings Inc., and Park National Corp.
🌐Tickers in Industry - $PRK, $FBK, $HOPE, $ESQ, $AMTB
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Market Capitalization Insights
The average market capitalization across this group of national banks stands at an impressive $1.2 billion. The range of market caps in the group varies significantly, from as low as $392.1 million to as high as $1.9 billion. Park National Corp (PRK) boasts the highest valuation at $1.9 billion, while Esquire Financial Holdings (ESQ) is at the lower end with $392.1 million.
Price Performance Overview
In terms of price performance, these stocks have been on an upward trajectory. The average weekly price growth across all stocks in this group was 3.9%. This growth becomes more pronounced over longer periods, with an average monthly price growth of 16.96%, and a quarterly growth of 18.73%. Notably, Hope Ban (HOPE) saw the highest price growth at 5.65%, although it also experienced a significant drop of 8.72% in a single week.
Trading Volume Trends
Trading volumes have also shown interesting patterns. The average weekly volume growth for these stocks was 9.35%. Over a month, this figure rose to 20.53%, but there was a notable decline in the average quarterly volume growth, which fell by 30.37%. A standout event in this area was the surge in trading volume for FB Financial stock, which saw an unprecedented daily growth of 95% over its 65-Day Volume Moving Average.
Fundamental Analysis Ratings
The fundamental analysis ratings of these banks, where a score of 1 indicates the best performance and 100 the worst, offer valuable insights for investors. [This section would typically include specific ratings, but as per the instruction, detailed ratings are not provided.]
The national banks sector, with its diverse range of services and strong market presence, continues to be a significant player in the financial industry. The recent stock performance is a testament to the sector's resilience and growth potential. As always, investors are advised to conduct their own research and consider their investment goals when evaluating opportunities in this sector.
The national banks industry has shown a remarkable performance over the past week, with stocks posting an average gain of 9.21%. This sector, primarily serving the domestic market in the United States, includes banks that offer a range of services such as retail and commercial banking, business checking, treasury management, and wealth management. Prominent examples of national banks include Amerant Bancorp Inc., Esquire Financial Holdings Inc., and Park National Corp.
Market Capitalization Insights
The average market capitalization across this group of national banks stands at an impressive $1.2 billion. The range of market caps in the group varies significantly, from as low as $392.1 million to as high as $1.9 billion. Park National Corp (PRK) boasts the highest valuation at $1.9 billion, while Esquire Financial Holdings (ESQ) is at the lower end with $392.1 million.
Price Performance Overview
In terms of price performance, these stocks have been on an upward trajectory. The average weekly price growth across all stocks in this group was 3.9%. This growth becomes more pronounced over longer periods, with an average monthly price growth of 16.96%, and a quarterly growth of 18.73%. Notably, Hope Ban (HOPE) saw the highest price growth at 5.65%, although it also experienced a significant drop of 8.72% in a single week.
Trading Volume Trends
Trading volumes have also shown interesting patterns. The average weekly volume growth for these stocks was 9.35%. Over a month, this figure rose to 20.53%, but there was a notable decline in the average quarterly volume growth, which fell by 30.37%. A standout event in this area was the surge in trading volume for FB Financial stock, which saw an unprecedented daily growth of 95% over its 65-Day Volume Moving Average.
Fundamental Analysis Ratings
The fundamental analysis ratings of these banks, where a score of 1 indicates the best performance and 100 the worst, offer valuable insights for investors. [This section would typically include specific ratings, but as per the instruction, detailed ratings are not provided.]
The national banks sector, with its diverse range of services and strong market presence, continues to be a significant player in the financial industry. The recent stock performance is a testament to the sector's resilience and growth potential. As always, investors are advised to conduct their own research and consider their investment goals when evaluating opportunities in this sector.
HOPE : On December 1, 2023, HOPE's Moving Average Convergence Divergence (MACD) indicator crossed above its signal line, a bullish sign for investors. Historical data reveals that in 31 out of 45 instances when HOPE's MACD turned positive, the stock experienced upward momentum in the subsequent month. This pattern suggests a 69% probability of continued price appreciation. Such a MACD crossover is often viewed by traders as a potential indicator of increasing bullish momentum in the stock's movement, providing a favorable outlook for HOPE in the short term.
ESQ : On November 07, 2023, ESQ's stock witnessed a bullish crossover, with its 10-day Moving Average breaking above the 50-day Moving Average. This technical event often signals a shift to a higher trend and is typically interpreted as a buy indicator. Historically, ESQ has followed a similar pattern, where in 13 out of 15 cases, the stock maintained its ascent in the month following such a crossover. This consistent performance implies an 87% likelihood of ESQ continuing its upward trajectory, presenting a potentially lucrative opportunity for investors focused on short-term gains.
AMTB : On December 12, 2023, AMTB's Aroon Indicator exhibited a strong bullish signal, indicating a likely upward movement in its stock price. Analysis by Tickeron's A.I.dvisor shows the AroonUp (green line) positioned above 70, while the AroonDown (red line) is below 30. This specific configuration is often interpreted as a precursor to a bullish trend. Out of 210 similar historical occurrences, the stock price increased following this pattern in 162 instances, translating to a 77% probability of AMTB's stock continuing its ascent. Traders might consider this an opportune moment to either purchase AMTB shares or explore buying call options to capitalize on this potential uptrend.
PRK moved above its 50-day moving average on April 22, 2024 date and that indicates a change from a downward trend to an upward trend. In of 45 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 22, 2024. You may want to consider a long position or call options on PRK as a result. In of 105 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for PRK just turned positive on April 22, 2024. Looking at past instances where PRK's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .
The 10-day moving average for PRK crossed bullishly above the 50-day moving average on April 26, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PRK advanced for three days, in of 273 cases, the price rose further within the following month. The odds of a continued upward trend are .
PRK may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 223 cases where PRK Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The 10-day RSI Indicator for PRK moved out of overbought territory on April 25, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 35 similar instances where the indicator moved out of overbought territory. In of the 35 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PRK declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. PRK’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: PRK's P/B Ratio (1.846) is slightly higher than the industry average of (1.022). P/E Ratio (16.821) is within average values for comparable stocks, (20.028). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.342). Dividend Yield (0.032) settles around the average of (0.061) among similar stocks. P/S Ratio (4.577) is also within normal values, averaging (2.971).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a major bank
Industry RegionalBanks