| |
|
December 2018 - January 2019
|
|
Our services include:
- Real estate site selection for financial institutions - Disposition of vacant branches and underperforming assets - Sale-leaseback of bank-owned real estate - Purchase or sale of real estate for family trusts - Sale of income-producing properties |
Compiled for your information by:
|
|
|
Stock Summary (Alphabetical)
|
|
Company
|
Symbol
|
Close of Business 12/28/2018
|
Close of Business 01/31/2019
|
% Change From 12/31/2018 to 01/31/2019
|
52-Wk High -As of Close of Business 01/31/2019
|
52-Wk Low -As of Close of Business 01/31/2019
|
Price/Book As of Close of Business 01/31/2019
|
|
Dow Jones Industrial Average
|
^DJI
|
23,327.46
|
24,999.67
|
7.17%
|
26,951.81
|
21,712.53
|
-
|
|
NASDAQ Composite
|
^IXIC
|
6,635.28
|
7,281.74
|
9.74%
|
8,133.30
|
6,190.17
|
-
|
|
S&P 500
|
^GSPC
|
2,506.85
|
2,704.10
|
7.87%
|
2,940.91
|
2,346.58
|
-
|
|
Financial Select Sector SPDR ETF
|
XLF
|
23.82
|
25.94
|
8.90%
|
30.05
|
22.05
|
-
|
|
1st Colonial Bancorp Inc.
|
FCOB
|
$12.30
|
$12.25
|
-0.41%
|
$13.00
|
$11.37
|
1.31
|
|
Banco Santander, S.A.
|
SAN
|
$4.48
|
$4.74
|
5.80%
|
$7.32
|
$4.21
|
0.69
|
|
Bank of America Corporation
|
BAC
|
$24.64
|
$28.47
|
15.54%
|
$33.05
|
$22.66
|
1.13
|
|
BB&T Corporation
|
BBT
|
$43.32
|
$48.80
|
12.65%
|
$56.31
|
$40.68
|
1.38
|
|
Beneficial Bancorp, Inc.
|
BNCL
|
$14.29
|
$15.59
|
9.10%
|
$18.60
|
$13.74
|
1.09
|
|
Bryn Mawr Bank Corp.
|
BMTC
|
$34.40
|
$36.99
|
7.53%
|
$50.35
|
$32.84
|
1.32
|
|
Citigroup Inc.
|
C
|
$52.06
|
$64.46
|
23.82%
|
$79.66
|
$48.42
|
0.86
|
|
DNB Financial Corp.
|
DNBF
|
$27.00
|
$36.78
|
36.22%
|
$38.30
|
$25.84
|
1.42
|
|
Fulton Financial Corporation
|
FULT
|
$15.48
|
$16.05
|
3.68%
|
$19.55
|
$14.38
|
1.22
|
|
Harleysville Savings Financial Corporation
|
HARL
|
$23.30
|
$24.50
|
5.15%
|
$25.99
|
$22.50
|
1.26
|
|
Investors Bancorp Inc.
|
ISBC
|
$10.40
|
$12.14
|
16.73%
|
$14.41
|
$9.94
|
1.11
|
|
JPMorgan Chase & Co.
|
JPM
|
$97.62
|
$103.50
|
6.02%
|
$119.33
|
$91.11
|
1.47
|
|
M&T Bank Corporation
|
MTB
|
$143.13
|
$164.54
|
14.96%
|
$197.37
|
$133.78
|
1.60
|
|
Malvern Bancorp, Inc.
|
MLVF
|
$19.73
|
$20.92
|
6.03%
|
$27.25
|
$18.03
|
1.22
|
|
OceanFirst Financial Corp.
|
OCFC
|
$22.51
|
$24.01
|
6.66%
|
$30.90
|
$21.30
|
1.10
|
|
Parke Bancorp Inc.
|
PKBK
|
$18.72
|
$19.62
|
4.81%
|
$24.80
|
$16.71
|
1.34
|
|
Prudential Bancorp, Inc.
|
PBIP
|
$17.60
|
$18.24
|
3.64%
|
$19.87
|
$13.92
|
1.24
|
|
QNB Corp.
|
QNBC
|
$38.50
|
$39.00
|
1.30%
|
$47.30
|
$36.15
|
1.30
|
|
Quaint Oak Bancorp Inc
|
QNTO
|
$11.82
|
$12.15
|
2.79%
|
$14.00
|
$11.82
|
0.96
|
|
Republic First Bancorp Inc.
|
FRBK
|
$5.97
|
$5.90
|
-1.17%
|
$9.30
|
$5.82
|
1.47
|
|
The Bancorp Inc.
|
TBBK
|
$7.96
|
$8.48
|
6.53%
|
$12.00
|
$7.64
|
1.17
|
|
The PNC Financial Services Group, Inc.
|
PNC
|
$116.91
|
$122.67
|
4.93%
|
$163.59
|
$108.45
|
1.17
|
|
The Royal Bank of Scotland Group plc
|
RBS
|
$5.59
|
$6.43
|
15.03%
|
$8.30
|
$4.98
|
0.61
|
|
The Toronto-Dominion Bank
|
TD
|
$49.72
|
$56.31
|
13.25%
|
$62.00
|
$47.73
|
1.85
|
|
Tompkins Financial Corporation
|
TMP
|
$75.01
|
$73.54
|
-1.96%
|
$91.99
|
$69.02
|
1.81
|
|
Univest Corporation of Pennsylvania
|
UVSP
|
$21.57
|
$23.49
|
8.90%
|
$30.15
|
$20.18
|
1.10
|
|
Wells Fargo & Company
|
WFC
|
$46.08
|
$48.91
|
6.14%
|
$65.53
|
$43.02
|
1.28
|
|
WSFS Financial Corp.
|
WSFS
|
$37.91
|
$42.17
|
11.24%
|
$57.70
|
$33.75
|
1.61
|
|
|
Financial Articles (By Company)
|
|
Date Posted
|
Reference/Company
|
Article
|
Source
|
|
1/30/19
|
Bank of America
|
|
Yahoo Finance
|
|
1/7/19
|
Bank of America
|
|
New York Business Journal
|
|
1/16/19
|
Citigroup
|
|
Yahoo Finance
|
|
1/21/19
|
Citizens Bank
|
|
Philly.com
|
|
1/2/19
|
Citizens Bank
|
|
Philadelphia Business Journal
|
|
1/23/19
|
DNB Financial Corp.
|
|
Philly.com
|
|
1/3/19
|
Fulton Bank
|
|
Philadelphia Business Journal
|
|
1/9/19
|
Fulton Financial Corp.
|
|
Philadelphia Business Journal
|
|
1/29/19
|
JPMorgan Chase & Co.
|
|
Philly.com
|
|
1/18/19
|
JPMorgan Chase & Co.
|
|
CNBC
|
|
1/24/19
|
JPMorgan Chase & Co.
/ Citizens Bank
|
|
Philly.com
|
|
1/24/19
|
Metro Bank Plc
|
|
Philly.com
|
|
1/25/19
|
PNC Financial Services Group
|
|
Pittsburgh Business Times
|
|
1/22/19
|
PNC Financial Services Group
|
|
Charlotte Business Journal
|
|
1/15/19
|
PNC Financial Services Group
|
|
Philadelphia Business Journal
|
|
1/10/19
|
Republic Bank
|
|
Philadelphia Business Journal
|
|
1/16/19
|
Univest Financial Corp.
|
|
Philly.com
|
|
1/28/19
|
Wells Fargo
|
|
Philadelphia Business Journal
|
|
1/15/19
|
Wells Fargo / JPMorgan Chase & Co. / Citigroup
|
|
Market Watch
|
|
|
Financial Articles (General)
|
|
Date Posted
|
Reference/Company
|
Article
|
Source
|
|
1/25/19
|
General
|
|
Yahoo Finance
|
|
1/15/19
|
General
|
|
Philly.com
|
|
1/11/19
|
General
|
|
Philadelphia Business Journal
|
|
1/9/19
|
General
|
|
Philadelphia Business Journal
|
|
|
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
|
2.38
|
2.45
|
2.32
|
2.01
|
1.46
|
|
6 Month Treasury
|
2.45
|
2.55
|
2.49
|
2.17
|
1.61
|
|
1 Year Treasury
|
2.54
|
2.62
|
2.65
|
2.40
|
1.84
|
|
2-Year
|
2.46
|
2.49
|
2.86
|
2.66
|
2.15
|
|
5-Year
|
2.44
|
2.51
|
2.99
|
2.84
|
2.54
|
|
10-Year
|
2.63
|
2.68
|
3.16
|
2.96
|
2.74
|
|
30-Year
|
3.00
|
3.01
|
3.41
|
3.08
|
2.96
|
|
|
|
Key Rates
|
Current
|
1 Month Prior
|
3 Month Prior
|
6 Month Prior
|
1 Year Prior
|
|
Fed Funds Rate
|
2.18
|
2.16
|
2.18
|
1.90
|
1.32
|
|
Federal Reserve Target
|
2.50
|
2.50
|
2.25
|
2.00
|
1.50
|
|
Prime Rate
|
5.50
|
5.50
|
5.25
|
5.00
|
4.50
|
|
|
|
Muni Bonds - Yields
|
Current
|
1 Month Prior
|
3 Month Prior
|
6 Month Prior
|
1 Year Prior
|
|
1-Year
|
1.66
|
1.74
|
1.97
|
1.47
|
1.41
|
|
2-Year
|
1.68
|
1.80
|
2.08
|
1.62
|
1.56
|
|
5-Year
|
1.79
|
1.96
|
2.37
|
1.97
|
1.84
|
|
10-Year
|
2.19
|
2.32
|
2.76
|
2.49
|
2.38
|
|
30-Year
|
3.10
|
3.09
|
3.44
|
3.06
|
2.96
|
|
|
|
Libor
|
Current
|
1 Month Prior
|
3 Month Prior
|
6 Month Prior
|
1 Year Prior
|
|
1-Month Libor
|
2.50
|
2.50
|
2.30
|
2.07
|
1.57
|
|
3-Month Libor
|
2.74
|
2.81
|
2.54
|
2.33
|
1.77
|
|
6-Month Libor
|
2.82
|
2.88
|
2.80
|
2.52
|
1.97
|
|
1-Year Libor
|
3.02
|
3.05
|
3.07
|
2.82
|
2.26
|
|
|
|
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
|
2018 Deposits
|
|
Investors Bank
|
Avenel
|
NJ
|
$3,100,000
|
4.00%
|
10
|
Ground
|
N/A
|
$70,791,000
|
|
Bank of America
|
Parsippany
|
NJ
|
$8,125,000
|
4.00%
|
12
|
NNN
|
12% every 5 years
|
$76,595,000
|
|
TD Bank
|
Great Falls
|
VA
|
$9,059,000
|
4.25%
|
17.3
|
Ground
|
10% every 5 years
|
$25,629,000
|
|
Chase Bank
|
Middletown
|
NJ
|
$4,000,000
|
4.25%
|
20
|
Ground
|
10% every 5 years
|
New Branch
|
|
TD Bank
|
Alexandria
|
VA
|
$5,914,000
|
4.65%
|
18
|
Ground
|
Every
5 years
|
$5,991,000
|
|
Wells Fargo
|
Philadelphia
|
PA
|
$7,484,000
|
4.85%
|
10
|
Ground
|
10% every 5 years
|
$148,758,000
|
|
Wells Fargo
|
Blackwood
|
NJ
|
$7,600,520
|
5.00%
|
9
|
Ground
|
13.5% every
5 years
|
$78,107,000
|
|
SunTrust
|
Fredericksburg
|
VA
|
$2,904,000
|
5.00%
|
Unknown
|
Ground
|
10% in March, 2023
|
$88,915,000
|
|
Wells Fargo
|
Hampton
|
VA
|
$3,570,570
|
5.00%
|
8
|
NNN
|
15% every 5 years
|
$152,245,000
|
|
TD Bank
|
West Chester
|
PA
|
$2,260,000
|
5.00%
|
3
|
NNN
|
N/A
|
$136,247,000
|
|
SunTrust
|
Purcellville
|
VA
|
$7,475,000
|
5.15%
|
13
|
Ground
|
10% every 5 years
|
New Branch
|
|
Amboy Bank
|
Aberdeen
|
NJ
|
$2,238,095
|
5.25%
|
10
|
NNN
|
2% annually
|
$39,166,000
|
|
PNC Bank
|
Bowie
|
MD
|
$4,282,380
|
5.25%
|
9
|
Ground
|
N/A
|
$52,998,000
|
|
Citizens Bank
|
Glen Mills
|
PA
|
$5,410,220
|
5.50%
|
11.9
|
NNN
|
15% every 5 years
|
$80,510,000
|
|
SunTrust
|
Cockeysville
|
MD
|
$3,493,549
|
5.70%
|
11
|
NNN
|
1.5% annually
|
$67,434,000
|
|
Bank of America
|
Virgina Beach
|
VA
|
$1,751,315
|
5.70%
|
5.3
|
Ground
|
N/A
|
$44,282,000
|
|
SunTrust
|
Manakin-Sabot
|
VA
|
$3,065,000
|
5.75%
|
Unknown
|
NNN
|
3% annually
|
$49,709,000
|
|
TD Bank
|
Clinton
|
MD
|
$6,453,333
|
6.00%
|
8
|
Ground
|
10% every 5 years
|
$48,441,000
|
|
S&T Bank
|
Harrisburg
|
PA
|
$2,341,000
|
6.00%
|
10
|
NNN
|
12.5% every
5 years
|
$51,616,000
|
|
SunTrust
|
Bladensburg
|
MD
|
$2,785,296
|
6.25%
|
10
|
NNN
|
1.5% annually
|
$22,665,000
|
|
SunTrust
|
Manassas
|
VA
|
$7,744,000
|
6.25%
|
11
|
Ground
|
10% every 5 years
|
$35,921,000
|
|
Citizens Bank
|
Marlton
|
NJ
|
$1,722,882
|
6.25%
|
3.6
|
NNN
|
1% annually
|
$65,558,000
|
|
SunTrust
|
Sudley Springs
|
VA
|
$7,744,000
|
6.25%
|
9.5
|
Ground
|
10% every
5 years
|
$35,921,000
|
|
PNC Bank
|
Easton
|
PA
|
$1,230,770
|
6.50%
|
5
|
NN
|
N/A
|
$41,577,000
|
|
PNC Bank
|
Fairfax
|
VA
|
$8,684,300
|
6.50%
|
9
|
NNN
|
12% every
5 years
|
$44,818,000
|
|
SunTrust
|
South Boston
|
VA
|
$1,832,492
|
6.50%
|
10
|
NNN
|
1.5% annually
|
$60,028,000
|
|
PNC Bank
|
Woodbridge
|
VA
|
$7,837,037
|
6.75%
|
10
|
Ground
|
15% every
5 years
|
$29,739,000
|
|
PNC Bank
|
York
|
PA
|
$1,037,037
|
6.75%
|
5
|
Ground
|
21.4% in year 17
|
$25,026,000
|
|
Wells Fargo
|
Reisterstown
|
MD
|
$5,868,000
|
6.76%
|
11
|
Ground
|
15% every
5 years
|
$126,075,000
|
|
BB&T Bank
|
Quakertown
|
PA
|
$2,593,000
|
7.00%
|
4
|
Ground
|
N/A
|
$36,770,000
|
|
Citizens Bank
|
Munhall
|
PA
|
$445,000
|
7.25%
|
3.5
|
NNN
|
1% annually
|
$0
|
|
Citizens Bank
|
Philadelphia
|
PA
|
$1,300,000
|
7.51%
|
5
|
NNN
|
N/A
|
$41,500,000
|
|
Citizens Bank
|
Grove City
|
PA
|
$922,254
|
7.75%
|
3.5
|
NNN
|
1% annually
|
$44,563,000
|
|
Citizens Bank
|
Shippensburg
|
PA
|
$609,434
|
8.00%
|
3.6
|
NNN
|
1% annually
|
$40,417,000
|
|
Citizens Bank
|
West Grove
|
PA
|
$962,265
|
8.00%
|
4
|
NNN
|
1% annually
|
$57,552,000
|
|
Citizens Bank
|
Grove City
|
PA
|
$416,590
|
10.75%
|
3.4
|
NNN
|
1% annually
|
$0
|
|
Bank of America
|
Baltimore
|
MD
|
Auction (Starting bid - $600,000)
|
N/A
|
5
|
NNN
|
N/A
|
$88,707,000
|
|
TD Bank
|
Forked River
|
NJ
|
$6,700,000
|
Unknown
|
5.5
|
Ground
|
12% every
5 years
|
$187,000,000
|
|
SunTrust
|
Martinsville
|
VA
|
Unpriced
|
Unknown
|
8.1
|
Ground
|
10% every
5 years
|
$18,915,000
|
|
|
Equity Retail Brokers Property Listings
|
|
Visit our website to see a complete list of our properties currently available.
For a sample list of NNN bank properties for sale across the U.S., please call or email:
Edward Ginn
610.645.7700 x101
|
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
David Goodman | Principal
Direct: 484.417.2219
Main: 610.645.7700
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Member:
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