Associated Banc Stock Forum

S&P downgraded $KeyCorp (KEY.US)$ , $Comerica (CMA.US)$ $Valley National Bancorp (VLYPO.US)$ , $UMB Financial (UMBF.US)$ and $Associated Banc (ASB.US)$ on Monday. We sorted out some financial indicators and found that these companies' profitability and regulatory indicators are indeed deteriorating. Here is what we found:
Net Interest Margin: Net interest margin is a measure of the difference between ...

Two weeks after Moody’s Investors Service rattled financial stocks by cutting the ratings for a slew of US banks, S&P Global Ratings is downgrading and dimming its outlook for several more — citing a similar mix of pressures making life “tough” for lenders.
S&P lowered grades one notch for:
$KeyCorp (KEY.US)$
$Comerica (CMA.US)$
$Valley National Bancorp (VLY.US)$
$UMB Financial (UMBF.US)$
$Associated Banc (ASB.US)$
S&P said Monday in a s...

Gainers:
• $Akero Therapeutics (AKRO.US)$ +9.6% (announces two financing transactions with Pfizer (PFE) and Hercules Capital (HTGC) providing access to up to $125 million)
• $BrightSpire Capital (BRSP.US)$ +6.3% (increases dividend)
• $Humanigen (HGEN.US)$ +4% (entered into an agreement with PCI Pharma Services as part of preparations for commercialization in the United Kingdom)
• $Allison Transmission (ALSN.US)$ +2.8% (electric hybrid bu...

Gainers
• $Anaplan (PLAN.US)$ +28.2% (to be acquired by Thoma Bravo for $66.00 per share)
• $Guess (GES.US)$ +5.04% (entered into an accelerated share repurchase agreement to repurchase $175 mln of its common stock)
• $Membership Collective (MCG.US)$ +2.8% (authorizes stock repurchase program to repurchase up to $50 mln of the Company's Class A common stock)
• $Sorrento Therapeutics (SRNE.US)$ +2.3% (reports promising results with a universal...

Upgrades
• $Air Products & Chemicals (APD.US)$: JPMorgan Upgrades to Overweight from Neutral - PT $275
• $Associated Banc (ASB.US)$: Wells Fargo Upgrades to Overweight from Equal Weight - PT $28 (from $26)
• $Armstrong World Industries (AWI.US)$: Jefferies Upgrades to Buy from Hold - PT $111 (from $101)
• $BlackBerry (BB.US)$: RBC Capital Upgrades to Sector Perform from Underperform - PT $7
• $Commerce Bancshares (CBSH.US)$: Wells Fargo Upgrades to Equal Weight from...