October 2018 - November 2018
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:
 
Edward Ginn, 484.417.2201,  eginn@equityretailbrokers.com 
David Goodman, 484.417.2219,  dgoodman@equityretailbrokers.com
David Laiter, 484.482.2550,  dlaiter@equityretailbrokers.com
Stock Summary (Alphabetical)
Company
Symbol
Close of Business 12/29/2017
Close of Business 11/30/2018
% Change From 12/31/2017 to 11/30/2018
52-Wk High -As of Close of Business 11/30/2018
52-Wk Low -As of Close of Business 11/30/2018
Price/Book As of Close of Business 11/30/2018
Dow Jones Industrial Average
^DJI
  24,719.22
 25,538.46
3.31%
26,951.81
23,344.52
-
NASDAQ Composite
^IXIC
    6,903.39
   7,330.54
6.19%
 8,133.30
6,630.67
-
S&P 500
^GSPC
    2,673.61
   2,760.17
3.24%
 2,940.91
2,532.69
-
Financial Select Sector SPDR ETF
XLF
 27.91
26.97
-3.37%
30.33
25.02
-
1st Colonial Bancorp Inc.
FCOB
$11.50
$12.80
11.30%
$13.00
$10.75
1.37
Banco Santander, S.A.
SAN
$6.54
$4.76
-27.22%
$7.57
$4.50
0.69
Bank of America Corporation
BAC
$29.52
$28.40
-3.79%
$33.05
$25.88
1.17
BB&T Corporation
BBT
$49.72
$51.10
2.78%
$56.31
$45.93
1.46
Beneficial Bancorp, Inc.
BNCL
$16.45
$15.48
-5.90%
$18.60
$14.75
1.06
Bryn Mawr Bank Corp.
BMTC
$44.20
$39.32
-11.04%
$50.35
$37.51
1.45
Citigroup Inc.
C
$74.41
$64.79
-12.93%
$80.70
$61.72
0.89
DNB Financial Corp.
DNBF
$33.70
$34.20
1.48%
$38.30
$30.40
1.36
Fulton Financial Corporation
FULT
$17.90
$17.41
-2.74%
$19.55
$15.05
1.34
Harleysville Savings Financial Corporation
HARL
$23.25
$23.70
1.94%
$25.99
$22.03
1.24
Investors Bancorp Inc.
ISBC
$13.88
$12.28
-11.53%
$14.69
$10.27
1.13
JPMorgan Chase & Co.
JPM
$106.94
$111.19
3.97%
$119.33
$102.20
1.6
M&T Bank Corporation
MTB
$170.99
$169.01
-1.16%
$197.37
$154.33
1.68
Malvern Bancorp, Inc.
MLVF
$26.20
$20.90
-20.23%
$28.20
$19.08
1.22
OceanFirst Financial Corp.
OCFC
$26.25
$25.77
-1.83%
$30.90
$23.97
1.19
Parke Bancorp Inc.
PKBK
$20.55
$18.99
-7.59%
$24.80
$18.88
1.31
Prudential Bancorp, Inc.
PBIP
$17.60
$17.75
0.85%
$19.87
$16.04
1.22
QNB Corp.
QNBC
$44.40
$43.85
-1.24%
$50.00
$43.67
1.54
Quaint Oak Bancorp Inc
QNTO
$13.00
$12.85
-1.15%
$14.00
$12.80
1.06
Republic First Bancorp Inc.
FRBK
$8.45
$7.55
-10.65%
$9.75
$6.41
1.88
The Bancorp Inc.
TBBK
$9.88
$9.95
0.71%
$12.00
$8.64
1.43
The PNC Financial Services Group, Inc.
PNC
$144.29
$135.78
-5.90%
$163.59
$116.55
1.46
The Royal Bank of Scotland Group plc
RBS
$7.64
$5.61
-26.57%
$8.74
$5.43
0.53
The Toronto-Dominion Bank
TD
$58.58
$55.30
-5.60%
$62.00
$52.83
1.87
Tompkins Financial Corporation
TMP
$81.35
$81.77
0.52%
$91.99
$70.00
2.08
Univest Corporation of Pennsylvania
UVSP
$28.05
$25.50
-9.09%
$30.15
$22.11
1.22
Wells Fargo & Company
WFC
$60.67
$54.28
-10.53%
$66.31
$50.02
1.44
WSFS Financial Corp.
WSFS
$47.85
$42.07
-12.08%
$57.70
$40.04
1.68
Financial Articles (By Company)
Date Posted
Reference/Company
Article
Source
11/7/18
Bank of America
Charlotte Business Journal
11/28/18
Berkshire Bank
Philadelphia Business Journal
11/27/18
Berkshire Bank
Philadelphia Business Journal
11/23/18
Citigroup / JPMorgan Chase & Co.
Yahoo Finance
11/6/18
Citizens Financial Group
Investment News
11/6/18
Investors Bancorp
Reuters
11/8/18
JPMorgan Chase & Co.
Philadelphia Business Journal
11/21/18
Wells Fargo
Yahoo Finance
11/16/18
Wells Fargo
Philadelphia Business Journal
11/12/18
Wells Fargo
Philadelphia Business Journal
11/7/18
Wells Fargo
Yahoo Finance
Financial Articles (General)
Date Posted
Reference/Company
Article
Source
11/16/18
General
Philadelphia Business Journal
11/15/18
General
MarketWatch
11/14/18
General
New York Business Journal
11/14/18
General
Yahoo Finance
11/5/18
General
Philadelphia Business Journal
11/5/18
General
Minneapolis/St. Paul Business Journal
11/5/18
General
Philadelphia Business Journal
11/2/18
General
Yahoo Finance
11/1/18
General
Yahoo Finance
11/1/18
General
Philadelphia Business Journal
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
2.34
2.32
2.09
1.89
1.26
6 Month Treasury
2.52
2.49
2.26
2.08
1.43
1 Year Treasury
2.68
2.65
2.45
2.22
1.60
2-Year
2.79
2.86
2.63
2.43
1.78
5-Year
2.81
2.99
2.74
2.70
2.12
10-Year
2.99
3.16
2.86
2.86
2.39
30-Year
3.29
3.41
3.02
3.02
2.79
 
Key Rates
Current
1 Month Prior
3 Month Prior
6 Month Prior
1 Year Prior
Fed Funds Rate
2.18
2.16
1.92
1.69
1.16
Federal Reserve Target
2.25
2.25
2.00
1.75
1.25
Prime Rate
5.25
5.25
5.00
4.75
4.25
 
Muni Bonds - Yields
Current
1 Month Prior
3 Month Prior
6 Month Prior
1 Year Prior
1-Year
1.87
1.97
1.60
1.66
1.32
2-Year
1.98
2.08
1.71
1.78
1.52
5-Year
2.16
2.37
2.03
2.02
1.78
10-Year
2.55
2.76
2.47
2.43
2.21
30-Year
3.27
3.44
3.08
2.94
2.86
 
Libor
Current
1 Month Prior
3 Month Prior
6 Month Prior
1 Year Prior
1-Month Libor
2.35
2.30
2.07
1.98
1.35
3-Month Libor
2.71
2.54
2.31
2.31
1.48
6-Month Libor
2.88
2.80
2.53
2.47
1.66
1-Year Libor
3.13
3.07
2.83
2.71
1.94
 
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

2018 Deposits

Investors Bank

Avenel

NJ

$3,100,000

4.00%

10

Ground

N/A

$70,791,000

Chase Bank

Middletown

NJ

$4,250,000

4.00%

20

Ground

10% every
5 years

New Branch

Bank of America

Parsippany

NJ

$8,125,000

4.00%

12

NNN

12% every
5 years

$76,595,000

Chase Bank

Fairfield

NJ

$4,946,236

4.65%

19.5

NN

10% every
5 years

$106,193,000

Investors Bank

Edison

NJ

$3,172,631

4.75%

11

Ground

10% every
5 years

$130,980,000

Investors Bank

Point Pleasant

NJ

$3,126,315

4.75%

19

Ground
10% every
5  years

 

$125,226,000

Wells Fargo

Blackwood

NJ

$7,600,520

5.00%

9

Ground

13.5% every 5 years

$78,107,000

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

PNC Bank

Bowie

MD

$4,386,829

5.13%

9

Ground

N/A

$52,998,000

SunTrust

Purcellville

VA

$7,475,000

5.15%

13

Ground

10% every
5 years

New Branch

SunTrust

Brandywine

MD

$5,447,600

5.25%

11

Ground

5% every
5 years

$43,373,000

TD Bank

Clinton

MD

$7,375,250

5.25%

8

Ground

10% every
5 years

$48,441,000

Wells Fargo

Brandywine

MD

$5,700,000

5.50%

10.8

Ground

10% every
5 years

$31,933,000

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

S&T Bank

Harrisburg

PA

$2,341,000

6.00%

10

NNN

12.5% every 5 years

$51,616,000

Fulton Bank

Manassas

VA

$3,460,583

6.00%

8.6

NNN

3% annually

$23,130,000

Citizens Bank

Springfield

PA

$1,800,000

6.00%

9

NNN

N/A

$72,167,000

PNC Bank

Woodbridge

VA

$8,816,667

6.00%

10

Ground

15% every
5 years

$29,739,000

Wells Fargo

District Heights

MD

$4,100,000

6.12%

9

Ground

10% every
5 years

$42,957,000

SunTrust

Bladensburg

MD

$2,785,296

6.25%

10

NNN

1.5% annually

$22,665,000

SunTrust

Madison Heights

VA

$824,752

6.25%

10

NNN

1.5% annually

$48,175,000

Citizens Bank

Marlton

NJ

$1,722,882

6.25%

3.6

NNN

1% annually

$65,558,000

KeyBank

Greensburg

PA

$1,325,000

6.34%

4.5

NNN

N/A

$52,894,000

PNC Bank

Easton

PA

$1,230,770

6.50%

5

NN

N/A

$41,577,000

SunTrust

South Boston

VA

$1,832,492

6.50%

10

NNN

1.5% annually

$60,028,000

BB&T Bank

Quakertown

PA

$2,689,000

6.75%

4

Ground

N/A

$36,770,000

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

Citizens Bank

Philadelphia

PA

$1,250,000

7.10%

3

NN

N/A

$46,054,000

Citizens Bank

Grove City

PA

$922,254

7.75%

3.6

NNN

1% annually

$44,563,000

Bank of America

Baltimore

MD

$2,350,000

7.85%

5

NNN

N/A

$88,707,000

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

Kutztown

PA

$705,861

9.75%

3.6

NNN

1% annually

$43,857,000

Citizens Bank

Munhall

PA

$329,550

9.75%

3.6

NNN

1% annually

$0

Citizens Bank

Grove City

PA

$416,590

10.75%

3.6

NNN

1% annually

$0

TD Bank

Forked River

NJ

$6,700,000

Unknown

5.5

Ground

12% every
5 years

$187,000,000

SunTrust

Martinsville

VA

Unpriced

Unknown

8.5

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 
   
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.