Recent News | Financial Services

Company	Symbol	Close of Business 12/30/2016	Close of Business 02/28/2017	% Change From 12/31/2016 to 02/28/2017	52-Wk High -As of Close of Business 2/28/2017	52-Wk Low -As of Close of Business 02/28/2017	Price/Book As of Close of Business 02/28/2017
Dow Jones Industrial Average	^DJI	19,819.78	20,812.24	5.01%	20,851.30	16,766.32	-
NASDAQ Composite	^IXIC	5,432.09	5,825.44	7.24%	5,867.89	4,574.25	-
S&P 500	^GSPC	2,249.26	2,363.64	5.09%	2,371.54	1,968.80	-
Financial Select Sector SPDR ETF	XLF	23.20	24.54	5.78%	24.68	17.25	-
1st Colonial Bancorp Inc.	FCOB	$9.50	$11.00	15.79%	-	-	-
Banco Santander, S.A.	SAN	$5.18	$5.41	4.44%	$5.74	$3.60	0.96
Bank of America Corporation	BAC	$22.10	$24.68	11.67%	$24.95	$12.05	1.02
BB&T Corporation	BBT	$47.02	$48.22	2.55%	$48.53	$32.22	1.45
Beneficial Bancorp, Inc.	BNCL	$18.40	$16.30	-11.41%	$19.00	$14.05	1.15
Bryn Mawr Bank Corp.	BMTC	$42.00	$41.05	-2.26%	$42.60	$24.70	1.83
Citigroup Inc.	C	$59.43	$59.81	0.64%	$61.63	$38.31	0.81
DNB Financial Corp.	DNBF	$28.40	$33.20	16.90%	$35.00	$23.05	1.47
Fulton Financial Corporation	FULT	$18.90	$19.12	1.16%	$19.45	$12.66	1.59
Harleysville Savings Financial Corporation	HARL	$21.65	$23.60	9.01%	$24.00	$18.20	1.32
Investors Bancorp Inc.	ISBC	$13.95	$14.63	4.87%	$14.99	$10.67	1.41
JPMorgan Chase & Co.	JPM	$86.29	$90.62	5.02%	$91.34	$57.05	1.42
M&T Bank Corporation	MTB	$156.43	$166.97	6.74%	$170.81	$104.73	1.72
Malvern Bancorp, Inc.	MLVF	$21.15	$20.60	-2.60%	$21.50	$15.00	1.41
OceanFirst Financial Corp.	OCFC	$30.03	$29.19	-2.80%	$30.70	$16.77	1.40
Parke Bancorp Inc.	PKBK	$20.15	$21.40	6.20%	$21.60	$12.02	1.16
Prudential Bancorp, Inc.	PBIP	$17.12	$17.23	0.64%	$17.95	$13.80	1.13
QNB Corp.	QNBC	$35.80	$38.00	6.15%	$38.40	$32.80	1.37
Quaint Oak Bancorp Inc	QNTO	$12.00	$12.60	5.00%	-	-	1.09
Republic First Bancorp Inc.	FRBK	$8.35	$8.00	-4.19%	$9.15	$3.70	1.60
Royal Bancshares of Pennsylvania Inc.	RBPAA	$4.15	$4.07	-1.93%	$4.66	$1.85	2.45
Sun Bancorp Inc.	SNBC	$26.00	$25.85	-0.58%	$26.80	$20.27	1.56
The Bancorp Inc.	TBBK	$7.86	$5.18	-34.10%	$8.20	$4.74	0.97
The PNC Financial Services Group, Inc.	PNC	$116.96	$127.23	8.78%	$128.52	$77.40	1.36
The Royal Bank of Scotland Group plc	RBS	$5.53	$5.88	6.33%	$7.60	$3.91	0.52
The Toronto-Dominion Bank	TD	$49.34	$51.60	4.58%	$54.44	$39.05	1.88
Tompkins Financial Corporation	TMP	$94.54	$89.72	-5.10%	$96.70	$57.82	2.50
Univest Corporation of Pennsylvania	UVSP	$30.90	$27.85	-9.87%	$31.50	$18.81	1.49
Wells Fargo & Company	WFC	$55.11	$57.88	5.03%	$59.01	$43.55	1.65
WSFS Financial Corp.	WSFS	$46.35	$45.60	-1.62%	$48.20	$30.56	2.12

Financial Articles (By Company)

Date Posted	Reference/Company	Article	Source
2/17/17	Ambler Savings Bank / Bally Savings Bank	Montco bank to expand footprint by buying suburban peer	Philadelphia Business Journal
2/7/17	Bank of America	Bank of America opens branches without employees	Yahoo Finance
2/10/17	Capital One	Capital One Cafe plies you with coffee and pastry while selling you services	Philly.com
2/17/17	Citigroup	Citigroup cuts CEO Corbat's pay after missing financial targets	Yahoo Finance
2/1/17	Customers Bank	Customers Bank ranked among Forbes' 2017 Best Banks in America	Yahoo Finance
2/6/17	First Commonwealth Financial Corp. / Delaware County Bank	Delaware County Bank buyer cutting 58 jobs after merger	Columbus Business First
2/27/17	M&T Bank	Mark Czarnecki, M&T Bank Corp.'s President, COO, Dies at 61	Bloomberg
2/24/17	M&T Bank	Philly banker is banking on fewer rules	Philly.com
2/27/17	Mid Penn Bank	Mid Penn Bank opens in its new Camp Hill location	Yahoo Finance
2/2/17	Neffs National Bank	Neffs Bank owner saw earnings hike in 2016	The Morning Call
2/21/17	PNC Financial Services Group	PNC to buy Montco business unit for $1.25B	Philadelphia Business Journal
2/13/17	TD Bank	TD Bank Expands Small Business Group to Serve More Communities	Yahoo Finance
2/17/17	Wells Fargo	Scandal Fallout? Wells Fargo Checking Account Opens Down 31% In January	Yahoo Finance
2/10/17	Wells Fargo	Wells Fargo app could grow engagements	Yahoo Finance
2/10/17	Wells Fargo	Wells Fargo Increases Emphasis on Emerging Technologies	Yahoo Finance
2/8/17	Wells Fargo	How Wells Fargo's CEO is planning to regain customers' trust	Yahoo Finance
2/16/17	Wells Fargo / Bank of America	Could Wells Fargo or Bank of America Benefit More from Trump's Administration?	Market Realist

Financial Articles (General)

Date Posted	Reference/Company	Article	Source
2/28/17	General	N.J. bill would require daily ATM inspections to thwart thieves	Philadelphia Business Journal
2/24/17	General	Banks Push to Raise Fees Amid Debit Card War	Investopedia
2/16/17	General	Banks aim for less self-reporting of potential criminal activity, shifting more regulatory burden to law enforcement	Philadelphia Business Journal
2/14/17	General	Fed report says some smaller banks may be vulnerable to drop in commercial real estate prices	Market Watch
2/14/17	General	$100M deal has start-up founder eager for Trump bank reforms	Philly.com
2/9/17	General	Community banks are hopeful on rule changes	Philly.com
2/9/17	General	The Pros and Cons of Proposed Federal Charters for Fintech	National Real Estate Investor
2/8/17	General	Bankers Stick to "Bread and Butter" Loans	National Real Estate Investor
2/7/17	General	Big banks to hold more capital if buffers included in stress tests - U.S. analysts	Yahoo Finance
2/3/17	General	What's next after Trump's order that seeks to roll back Dodd-Frank, fiduciary rule	Philadelphia Business Journal
2/1/17	General	Banks Accelerate Branch Consolidation as Mobile Technology Takes Over	CoStar

Interest Rate Summary

Equity Retail Brokers - Capital Markets Review - Leading Rates

US Treasuries	Current	1 Month Prior	3 Month Prior	6 Month Prior	1 Year Prior
3 Month Treasury	0.60	0.51	0.48	0.33	0.31
6 Month Treasury	0.75	0.63	0.61	0.46	0.48
1 Year Treasury	0.82	0.76	0.77	0.59	0.60
2-Year	1.30	1.20	1.11	0.81	0.79
5-Year	1.88	1.91	1.84	1.19	1.23
10-Year	2.25	2.45	2.38	1.57	1.75
30-Year	3.00	3.06	3.03	2.23	2.63

Key Rates	Current	1 Month Prior	3 Month Prior	6 Month Prior	1 Year Prior
Fed Funds Rate	0.56	0.67	0.41	0.31	0.27
Federal Reserve Target Rates	0.75	0.75	0.50	0.50	0.50
Prime Rate	3.75	3.75	3.50	3.50	3.25

Muni Bonds - Yields	Current	1 Month Prior	3 Month Prior	6 Month Prior	1 Year Prior
1-Year	0.79	0.91	0.99	0.48	0.37
2-Year	0.99	1.12	1.19	0.57	0.53
5-Year	1.55	1.67	1.80	0.89	0.98
10-Year	2.30	2.31	2.51	1.43	1.76
30-Year	3.10	3.11	3.28	2.15	2.78

Libor	Current	1 Month Prior	3 Month Prior	6 Month Prior	1 Year Prior
1-Month Libor	0.78	0.77	0.57	0.52	0.44
3-Month Libor	1.05	1.03	0.92	0.83	0.63
6-Month Libor	1.36	1.35	1.27	1.23	0.88
1-Year Libor	1.74	1.72	1.65	1.54	1.16

Business People in the News

Instituition	Person	Source	Date	Description
TD Bank	Ted Hopkinson	Yahoo Finance	2/28/2017	TD Bank has appointed Ted Hopkinson as Head of U.S. Corporate and Specialty Banking, reporting to TD Bank Chief Operating Officer Greg Braca. Hopkinson joined TD Bank Group in 1988 and has held a variety of positions throughout his career in commercial, corporate and investment banking. Most recently, Hopkinson served as Head of Corporate Banking, where he was instrumental in driving the growth strategy for the business. Hopkinson's appointment follows the promotion of Braca as chief operating officer and transition into the chief executive officer role on June 1, 2017.
BankMobile	Luvleen Sidhu	Philly.com	2/27/2017	Luvleen Sidhu has been named president of the digital bank BankMobile, a division of Customers Bank. She cofounded the bank with her father, Jay Sidhu, who is chairman and CEO of Customers. She will retain her responsibilities as chief strategy officer.
Meridian Bank	Charles Kochka	Philly.com	2/27/2017	Charles Kochka has been promoted to executive vice president, chief lending officer, from senior vice president, commercial lending, at Meridian Bank, Malvern.
Orrstown Bank	Jeffrey S. Gayman	Yahoo Finance	2/27/2017	Orrstown Bank announced today that Jeffrey S. Gayman has been appointed Market President of the region encompassing greater Hagerstown in Maryland and the greater Chambersburg, Shippensburg, and Carlisle markets in Pennsylvania, effective immediately. Mr. Gayman has been employed with Orrstown Bank for 21 years in roles of increasing responsibility, most recently serving as head of retail banking and consumer lending.
Tompkins VIST Bank	Peter Rowley	Philly.com	2/27/2017	Tompkins VIST Bank, Wyomissing, has hired Peter Rowley as assistant vice president, relationship manager, in the Commercial Lending Group. He had been a relationship manager with M&T Bank.
Two River Bancorp	William H. Winans	Yahoo Finance	2/15/2017	Two River Bancorp , the parent company of Two River Community Bank, has announced the appointment of Mr. William H. Winans to Senior Vice President and Managing Director. In this newly created position, Mr. Winans will be responsible for commercial lending and business development in northern New Jersey.
Wells Fargo	Steve Ellis	Charlotte Business Journal	2/13/2017	Wells Fargo & Co. announced Friday it has created a new team to accelerate the bank's artificial intelligence efforts. Steve Ellis, head of Wells Fargo's Innovation Group, will lead the new team called the artificial intelligence enterprise solutions team.
KeyBank	Renee Murdock	Philly.com	2/12/2017	KeyBank , Plymouth Meeting, has named Renee Murdock corporate responsibility officer for its eastern Pennsylvania market. She previously served in a similar role for First Niagara Bank and as vice president of neighborhood services & human resources for Project HOME.
Republic Bank	Nicole Tancor / Nikkia Warlow	Yahoo Finance	2/8/2017	Republic Bank today announced that Nicole Tancor has joined the bank as Vice President and Store Manager for its Abington location and Nikkia Warlow has been hired as Vice President and Store Manager for its Voorhees location. Tancor and Warlow will strategically plan for the future of both stores and will lead employee development, helping to ensure every customer receives exceptional service.
Community Bank of Bergen County, NJ	Paul A. Meyer	Yahoo Finance	2/6/2017	Community Bank of Bergen County, NJ announced today the hiring of banking industry veteran Paul A. Meyer as Senior Commercial Loan Officer, who in this new role will be responsible for bringing high quality commercial real estate loans into CBBC.
S&T Bank	Melanie Lazzari / Michael H. Campisano / Patti Deck / Stephanie A. Embry / James R. Muri / Pamela P. Price / Sharon A. Wagner	Yahoo Finance	2/6/2017	Melanie Lazzari was promoted to executive vice president, controller. Michael H. Campisano was promoted to senior vice president, financial intelligence group officer. Patti Deck was promoted to senior vice president, commercial banker. Stephanie A. Embry was promoted to senior vice president and regional banking manager. James R. Muri was promoted to senior vice president, chief appraiser. Pamela P. Price was promoted to senior vice president, regional banking manager. Sharon A. Wagner was promoted to senior vice president, assistant controller.

Banks for Sale

Below is a list of some single tenant net lease bank investment properties that are currently for sale in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, West Virginia, and Washington D.C. This list of available Investment Properties is intended for the use and benefit of Equity Retail Brokers current and prospective commercial real estate investment clients. The list is compiled for our clients to give them an understanding of current pricing of Net Lease bank properties in the region. The information has been gathered from a variety of sources. Some of these properties are listed by Equity Retail Brokers, while others are listed by other brokers or are being directly marketed by the owner. However they are listed, we at Equity Retail Brokers, either as a dual or a buyer's agent, can represent our client's interest in obtaining information and negotiating the purchase of any of the properties.

Bank	City	State	Asking Price	Cap Rate	Lease (Years Left)	Lease Type	Lease Increases
Chase Bank	Mendham	NJ	$3,066,667	3.75%	20	NNN	10% increases every 5 years
City National Bank	Beckley	WV	$348,000.00	4.00%	65	Ground	N/A
Bank of America	Philadelphia	PA	$10,976,000	4.00%	12	Ground	12% every 5 years
Capital One Bank	Iselin	NJ	$5,062,500	4.00%	11	Ground	15% increase by 2/1/17
Capital One Bank	Woodbridge	VA	$5,062,500	4.00%	20	NNN	12.5% increases every 5 years
Bank of America	Folsom	PA	$4,166,666	4.50%	20	Ground	10% increases every 5 years
Chase Bank	Cedar Grove	NJ	$5,726,315	4.75%	15	Ground	10% increases every 5 years
PNC Bank	Bowie	MD	$4,733,158	4.75%	10.5	Ground	increases every 5 years
BB&T Bank	Lumberton	NJ	$2,000,000	5.00%	12	NNN	10% increases in 2025
United Bank	Woodbridge	VA	$2,085,400	5.00%	5	NNN	3% annual increases
Citizens Bank & Texas Roadhouse	Glen Mills	PA	$7,400,000	5.25%	13	Ground	Citizens Bank: 15% every 5 years Texas Roadhouse: 10% every 5 years
SunTrust Bank	Upper Marlboro	MD	$4,403,000	5.25%	12	NNN	1.5% annual increases
Chase Bank	Westwood	NJ	$2,125,000	5.41%	2	NN	N/A
PNC Bank	New Castle	PA	$1,545,000	5.50%	8	NNN	17.65% in 2022
BB&T Bank	Baltimore	MD	$3,629,000	5.70%	9	NNN	10% increases every 5 years
BB&T Bank	Nottingham	MD	$3,629,000	5.70%	9	NNN	10% increases every 5 years
BB&T Bank	Elizabethtown	PA	$3,195,178	6.00%	12.5	NNN	2% annual increase
Sun National Bank	Pennington	NJ	$2,530,000	6.00%	11	NNN	17% increase in year 7
M&T Bank	Woodbridge	VA	$3,304,717	6.00%	5	NNN	10% increases every 5 years
Santander	Camp Hill	PA	$1,460,000	6.25%	2	Ground	N/A
Key Bank (former First Niagara)	Greensburg	PA	$1,236,923	6.50%	2	NN	N/A
Wells Fargo Bank	Toms River	NJ	$3,980,504	6.75%	8	NNN	N/A
Citizens Bank	Philadelphia	PA	$1,314,845	6.75%	5	NN	N/A
Wells Fargo Bank	Trenton	NJ	$1,612,000	6.75%	8	NNN	N/A
Wells Fargo	Brookneal	VA	$499,000	7.00%	7	NNN	N/A

Equity Retail Brokers Property Listings

Visit our website to see a complete list of our properties currently available.

Click Here

For a sample list of NNN bank properties for sale across the U.S., please call or email:

Edward Ginn

610.645.7700 x101

eginn@equityretailbrokers.com

If you would like to learn more about the real estate services we provide, please contact:

Edward Ginn | President

Direct: 484.417.2201

Main: 610.645.7700

eginn@equityretailbrokers.com

David Goodman | Principal

Direct: 484.417.2219

Main: 610.645.7700

dgoodman@equityretailbrokers.com

Member:

This email message and any attachments to it contain information from Equity Retail Brokers, Inc. which is confidential and privileged. Some information may have been obtained from sources considered to be reliable, but Equity Retail Brokers, Inc. makes no representations and warranties, expressed or implied, as to the accuracy of the information. Subject to errors, omissions, or withdrawal without notice. The information is intended for the use of the addressee(s). If you are not the intended recipient, be aware that any disclosure, copying, distribution, or use of the contents of this information is prohibited. If you have received this email message in error, please notify us by return email or telephone immediately and destroy all copies of this message and any attachments. Equity Retail Brokers is licensed in PA, NJ, & DE.