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January 2019 - February 2019
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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:
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Stock Summary (Alphabetical)
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|
Company
|
Symbol
|
Close of Business 12/31/2018
|
Close of Business 02/28/2019
|
% Change From 12/31/2018 to 02/28/2019
|
52-Wk High -As of Close of Business 02/28/2019
|
52-Wk Low -As of Close of Business 02/28/2019
|
Price/Book As of Close of Business 02/28/2019
|
|
Dow Jones Industrial Average
|
^DJI
|
23,327.46
|
25,916.00
|
11.10%
|
26,951.81
|
21,712.53
|
-
|
|
NASDAQ Composite
|
^IXIC
|
6,635.28
|
7,532.53
|
13.52%
|
8,133.30
|
6,190.17
|
-
|
|
S&P 500
|
^GSPC
|
2,506.85
|
2,784.49
|
11.08%
|
2,940.91
|
2,346.58
|
-
|
|
Financial Select Sector SPDR ETF
|
XLF
|
23.82
|
26.52
|
11.34%
|
29.81
|
22.05
|
-
|
|
1st Colonial Bancorp Inc.
|
FCOB
|
$12.30
|
$12.31
|
0.08%
|
$13.00
|
$11.37
|
1.24
|
|
Banco Santander, S.A.
|
SAN
|
$4.48
|
$4.86
|
8.48%
|
$6.89
|
$4.21
|
0.71
|
|
Bank of America Corporation
|
BAC
|
$24.64
|
$29.08
|
18.02%
|
$33.05
|
$22.66
|
1.16
|
|
BB&T Corporation
|
BBT
|
$43.32
|
$50.97
|
17.66%
|
$56.31
|
$40.68
|
1.44
|
|
Beneficial Bancorp, Inc.
|
BNCL
|
$14.29
|
$16.12
|
12.81%
|
$18.60
|
$13.74
|
1.09
|
|
Bryn Mawr Bank Corp.
|
BMTC
|
$34.40
|
$40.76
|
18.49%
|
$50.35
|
$32.84
|
1.46
|
|
Citigroup Inc.
|
C
|
$52.06
|
$63.98
|
22.90%
|
$76.53
|
$48.42
|
0.85
|
|
DNB Financial Corp.
|
DNBF
|
$27.00
|
$39.00
|
44.44%
|
$42.00
|
$25.84
|
1.51
|
|
Fulton Financial Corporation
|
FULT
|
$15.48
|
$17.18
|
10.98%
|
$19.55
|
$14.38
|
1.30
|
|
Harleysville Savings Financial Corporation
|
HARL
|
$23.30
|
$24.45
|
4.94%
|
$27.00
|
$22.50
|
1.25
|
|
Investors Bancorp Inc.
|
ISBC
|
$10.40
|
$12.57
|
20.87%
|
$14.41
|
$9.94
|
1.15
|
|
JPMorgan Chase & Co.
|
JPM
|
$97.62
|
$104.36
|
6.90%
|
$119.24
|
$91.11
|
1.48
|
|
M&T Bank Corporation
|
MTB
|
$143.13
|
$173.06
|
20.91%
|
$197.35
|
$133.78
|
1.68
|
|
Malvern Bancorp, Inc.
|
MLVF
|
$19.73
|
$20.76
|
5.22%
|
$27.25
|
$18.03
|
1.17
|
|
OceanFirst Financial Corp.
|
OCFC
|
$22.51
|
$25.20
|
11.95%
|
$30.90
|
$21.30
|
1.16
|
|
Parke Bancorp Inc.
|
PKBK
|
$18.72
|
$22.19
|
18.54%
|
$24.80
|
$16.71
|
1.51
|
|
Prudential Bancorp, Inc.
|
PBIP
|
$17.60
|
$18.17
|
3.24%
|
$19.87
|
$13.92
|
1.24
|
|
QNB Corp.
|
QNBC
|
$38.50
|
$37.99
|
-1.32%
|
$47.30
|
$36.15
|
1.26
|
|
Quaint Oak Bancorp Inc
|
QNTO
|
$11.82
|
$12.40
|
4.91%
|
$14.00
|
$11.82
|
1.01
|
|
Republic First Bancorp Inc.
|
FRBK
|
$5.97
|
$6.40
|
7.20%
|
$9.30
|
$5.82
|
1.53
|
|
The Bancorp Inc.
|
TBBK
|
$7.96
|
$9.07
|
13.94%
|
$12.00
|
$7.64
|
1.26
|
|
The PNC Financial Services Group, Inc.
|
PNC
|
$116.91
|
$126.02
|
7.79%
|
$163.00
|
$108.45
|
1.21
|
|
The Royal Bank of Scotland Group plc
|
RBS
|
$5.59
|
$7.11
|
27.19%
|
$8.14
|
$4.98
|
0.68
|
|
The Toronto-Dominion Bank
|
TD
|
$49.72
|
$57.38
|
15.41%
|
$62.00
|
$47.73
|
1.88
|
|
Tompkins Financial Corporation
|
TMP
|
$75.01
|
$80.41
|
7.20%
|
$91.99
|
$69.02
|
1.98
|
|
Univest Corporation of Pennsylvania
|
UVSP
|
$21.57
|
$26.51
|
22.90%
|
$30.15
|
$20.18
|
1.24
|
|
Wells Fargo & Company
|
WFC
|
$46.08
|
$49.89
|
8.27%
|
$59.53
|
$43.02
|
1.31
|
|
WSFS Financial Corp.
|
WSFS
|
$37.91
|
$43.28
|
14.17%
|
$57.70
|
$33.75
|
1.65
|
|
|
Financial Articles (By Company)
|
|
Date Posted
|
Reference/Company
|
Article
|
Source
|
|
2/25/19
|
Bank of America
|
|
Charlotte Business Journal
|
|
2/6/19
|
Bank of America
|
|
Charlotte Business Journal
|
|
2/8/19
|
BB&T / SunTrust Bank
|
|
Yahoo Finance
|
|
2/7/19
|
BB&T / SunTrust Bank
|
|
CNBC
|
|
2/20/19
|
Benchmark Federal Credit Union
|
|
Philadelphia Business Journal
|
|
2/13/19
|
Bryn Mawr Trust
|
|
Philadelphia Business Journal
|
|
2/8/19
|
Bryn Mawr Trust Co.
|
|
Philadelphia Business Journal
|
|
2/19/19
|
Citigroup
|
|
Zero Hedge
|
|
2/13/19
|
Investors Bank
|
|
GlobeSt.com
|
|
2/26/19
|
JPMorgan Chase & Co.
|
|
CNBC
|
|
2/14/19
|
JPMorgan Chase & Co.
|
|
Yahoo Finance
|
|
2/13/19
|
JPMorgan Chase & Co.
|
|
Philadelphia Business Journal
|
|
2/21/19
|
M&T Bank
|
|
Buffalo Business First
|
|
2/1/19
|
OceanFirst Financial Corp. / Capital Bank of New Jersey
|
|
NJ Biz
|
|
2/1/19
|
PNC Bank
|
|
Pittsburgh Business Times
|
|
2/25/19
|
PNC Financial Services Group / Citizens Financial Group
|
|
Philadelphia Business Journal
|
|
2/19/19
|
Republic First Bancorp
|
|
Philadelphia Business Journal
|
|
2/5/19
|
TD Bank
|
|
Philadelphia Business Journal
|
|
2/4/19
|
The Bank of Princeton
|
|
Philadelphia Business Journal
|
|
2/1/19
|
Wells Fargo
|
|
Charlotte Business Journal
|
|
2/28/19
|
Wilmington Trust Corp.
|
|
Philadelphia Business Journal
|
|
|
Financial Articles (General)
|
|
Date Posted
|
Reference/Company
|
Article
|
Source
|
|
2/21/19
|
General
|
|
Yahoo Finance
|
|
2/21/19
|
General
|
|
Philly.com
|
|
2/7/19
|
General
|
|
CNBC
|
|
|
Equity Retail Brokers - Capital Markets Review - Leading Rates
|
|
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US Treasuries
|
Current
|
1 Month Prior
|
3 Month Prior
|
6 Month Prior
|
1 Year Prior
|
|
3 Month Treasury
|
2.43
|
2.38
|
2.34
|
2.09
|
1.64
|
|
6 Month Treasury
|
2.50
|
2.45
|
2.52
|
2.26
|
1.84
|
|
1 Year Treasury
|
2.54
|
2.54
|
2.68
|
2.45
|
2.05
|
|
2-Year
|
2.53
|
2.46
|
2.79
|
2.63
|
2.26
|
|
5-Year
|
2.54
|
2.44
|
2.81
|
2.74
|
2.65
|
|
10-Year
|
2.74
|
2.63
|
2.99
|
2.86
|
2.87
|
|
30-Year
|
3.10
|
3.00
|
3.29
|
3.02
|
3.14
|
|
|
|
Key Rates
|
Current
|
1 Month Prior
|
3 Month Prior
|
6 Month Prior
|
1 Year Prior
|
|
Fed Funds Rate
|
2.40
|
2.40
|
2.18
|
1.92
|
1.41
|
|
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
|
1.59
|
1.66
|
1.87
|
1.60
|
1.38
|
|
2-Year
|
1.61
|
1.68
|
1.98
|
1.71
|
1.57
|
|
5-Year
|
1.71
|
1.79
|
2.16
|
2.03
|
1.99
|
|
10-Year
|
2.14
|
2.19
|
2.55
|
2.47
|
2.49
|
|
30-Year
|
3.06
|
3.10
|
3.27
|
3.08
|
3.10
|
|
|
|
Libor
|
Current
|
1 Month Prior
|
3 Month Prior
|
6 Month Prior
|
1 Year Prior
|
|
1-Month Libor
|
2.49
|
2.50
|
2.35
|
2.07
|
1.66
|
|
3-Month Libor
|
2.63
|
2.74
|
2.71
|
2.31
|
2.01
|
|
6-Month Libor
|
2.69
|
2.82
|
2.88
|
2.53
|
2.21
|
|
1-Year Libor
|
2.88
|
3.02
|
3.13
|
2.83
|
2.48
|
|
|
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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
|
|
SunTrust
|
Virgina Beach
|
VA
|
$3,140,000
|
5.00%
|
9.6
|
NNN
|
10% in year 6
|
$72,336,000
|
|
TD Bank
|
West Chester
|
PA
|
$2,260,000
|
5.00%
|
3
|
NNN
|
N/A
|
$136,247,000
|
|
Amboy Bank
|
Aberdeen
|
NJ
|
$2,238,095
|
5.25%
|
10
|
NNN
|
2% annually
|
$39,166,000
|
|
BB&T Bank
|
Lumberton
|
NJ
|
$1,900,000
|
5.30%
|
11.5
|
Ground
|
10% every 5 years
|
$0
|
|
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
|
Forked River
|
NJ
|
$6,700,000
|
5.77%
|
5.5
|
Ground
|
12% every 5 years
|
$187,000,000
|
|
Bank of America
|
Wayne
|
PA
|
$6,400,000
|
5.97%
|
7.8
|
NNN
|
Every 5 years
|
$48,966,000
|
|
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
|
|
BB&T Bank
|
Fredericksburg
|
VA
|
$5,290,000
|
6.25%
|
9.2
|
Ground
|
15% every 5 years
|
$34,144,000
|
|
Citizens Bank
|
Marlton
|
NJ
|
$1,722,882
|
6.25%
|
3.6
|
NNN
|
1% annually
|
$65,558,000
|
|
SunTrust
|
Manassas
|
VA
|
$7,622,050
|
6.35%
|
9
|
Ground
|
10% every 5 years
|
$35,921,000
|
|
SunTrust
|
Sudley Springs
|
VA
|
$7,622,050
|
6.35%
|
9.3
|
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
|
|
BB&T Bank
|
Lancaster
|
PA
|
$1,608,827
|
7.25%
|
3
|
NNN
|
1.5% annually
|
$40,857,000
|
|
Citizens Bank
|
Munhall
|
PA
|
$445,000
|
7.25%
|
3.3
|
NNN
|
1% annually
|
$0
|
|
M&T Bank
|
Woodbridge
|
VA
|
$2,620,690
|
7.25%
|
3.6
|
NNN
|
10% every 5 years
|
$17,162,000
|
|
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%
|
3.3
|
NNN
|
1% annually
|
$44,563,000
|
|
Citizens Bank
|
Shippensburg
|
PA
|
$609,434
|
8.00%
|
3.3
|
NNN
|
1% annually
|
$40,417,000
|
|
Citizens Bank
|
West Grove
|
PA
|
$962,265
|
8.00%
|
4
|
NNN
|
1% annually
|
$57,552,000
|
|
Citizens Bank
|
Carlisle
|
PA
|
$825,000
|
8.02%
|
3.3
|
NNN
|
1% annually
|
$33,538,000
|
|
Citizens Bank
|
Grove City
|
PA
|
$416,590
|
10.75%
|
3.3
|
NNN
|
1% annually
|
$0
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Bank of America
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Baltimore
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MD
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Auction (Starting bid - $600,000)
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N/A
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5
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NNN
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N/A
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$88,707,000
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SunTrust
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Martinsville
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VA
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Unpriced
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Unknown
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8.1
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Ground
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10% every 5 years
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$18,915,000
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Equity Retail Brokers Property Listings
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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
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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:
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.
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