|
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 12/31/2018
|
Close of Business 07/31/2019
|
% Change From 12/31/2018 to 07/31/2019
|
52-Wk High -As of Close of Business 07/31/2019
|
52-Wk Low -As of Close of Business 07/31/2019
|
Price/Book As of Close of Business 07/31/2019
|
Dow Jones Industrial Average
|
^DJI
|
23,327.46
|
26,864.27
|
15.16%
|
27,398.68
|
21,712.53
|
-
|
NASDAQ Composite
|
^IXIC
|
6,635.28
|
8,175.42
|
23.21%
|
8,339.64
|
6,190.17
|
-
|
S&P 500
|
^GSPC
|
2,506.85
|
2,980.38
|
18.89%
|
3,027.98
|
2,346.58
|
-
|
Financial Select Sector SPDR ETF
|
XLF
|
23.82
|
28.25
|
18.60%
|
29.07
|
2.05
|
-
|
1st Colonial Bancorp Inc.
|
FCOB
|
$12.30
|
$10.26
|
-16.59%
|
$13.00
|
$10.20
|
1.07
|
Banco Santander, S.A.
|
SAN
|
$4.48
|
$4.24
|
-5.36%
|
$5.58
|
$4.21
|
0.62
|
Bank of America Corporation
|
BAC
|
$24.64
|
$30.68
|
24.51%
|
$31.91
|
$22.66
|
1.16
|
BB&T Corporation
|
BBT
|
$43.32
|
$51.55
|
19.00%
|
$53.08
|
$40.68
|
1.38
|
Bryn Mawr Bank Corp.
|
BMTC
|
$34.40
|
$37.13
|
7.94%
|
$50.05
|
$32.84
|
1.27
|
Citigroup Inc.
|
C
|
$52.06
|
$71.16
|
36.69%
|
$75.24
|
$48.42
|
0.90
|
DNB Financial Corp.
|
DNBF
|
$27.00
|
$45.79
|
69.59%
|
$46.86
|
$25.84
|
1.68
|
Fulton Financial Corporation
|
FULT
|
$15.48
|
$16.99
|
9.75%
|
$18.45
|
$14.38
|
1.23
|
Harleysville Savings Financial Corporation
|
HARL
|
$23.30
|
$23.25
|
-0.21%
|
$27.00
|
$23.00
|
1.16
|
Investors Bancorp Inc.
|
ISBC
|
$10.40
|
$11.35
|
9.13%
|
$13.12
|
$9.94
|
1.03
|
JPMorgan Chase & Co.
|
JPM
|
$97.62
|
$116.00
|
18.83%
|
$119.24
|
$91.11
|
1.60
|
M&T Bank Corporation
|
MTB
|
$143.13
|
$164.28
|
14.78%
|
$180.77
|
$133.78
|
1.52
|
Malvern Bancorp, Inc.
|
MLVF
|
$19.73
|
$21.10
|
6.94%
|
$25.65
|
$18.03
|
1.18
|
OceanFirst Financial Corp.
|
OCFC
|
$22.51
|
$24.40
|
8.40%
|
$29.71
|
$21.30
|
1.09
|
Parke Bancorp Inc.
|
PKBK
|
$18.72
|
$24.02
|
28.31%
|
$24.45
|
$16.71
|
1.56
|
Prudential Bancorp, Inc.
|
PBIP
|
$17.60
|
$18.30
|
3.98%
|
$19.57
|
$13.92
|
1.21
|
QNB Corp.
|
QNBC
|
$38.50
|
$36.25
|
-5.84%
|
$47.30
|
$36.07
|
1.09
|
Quaint Oak Bancorp Inc
|
QNTO
|
$11.82
|
$12.90
|
9.14%
|
$14.00
|
$11.82
|
1.01
|
Republic First Bancorp Inc.
|
FRBK
|
$5.97
|
$4.35
|
-27.14%
|
$8.06
|
$4.34
|
1.02
|
The Bancorp Inc.
|
TBBK
|
$7.96
|
$9.68
|
21.61%
|
$10.87
|
$7.64
|
1.20
|
The PNC Financial Services Group, Inc.
|
PNC
|
$116.91
|
$142.90
|
22.23%
|
$147.23
|
$108.45
|
1.29
|
The Royal Bank of Scotland Group plc
|
RBS
|
$5.59
|
$5.38
|
-3.76%
|
$7.31
|
$4.98
|
0.51
|
The Toronto-Dominion Bank
|
TD
|
$49.72
|
$58.44
|
17.54%
|
$62.00
|
$47.73
|
1.92
|
Tompkins Financial Corporation
|
TMP
|
$75.01
|
$81.97
|
9.28%
|
$88.95
|
$69.02
|
1.88
|
Univest Corporation of Pennsylvania
|
UVSP
|
$21.57
|
$27.47
|
27.35%
|
$29.05
|
$20.18
|
1.23
|
Wells Fargo & Company
|
WFC
|
$46.08
|
$48.41
|
5.06%
|
$59.53
|
$43.02
|
1.21
|
WSFS Financial Corp.
|
WSFS
|
$37.91
|
$42.37
|
11.76%
|
$57.65
|
$33.75
|
1.23
|
|
Long-term Debt Credit Ratings
|
Bank
|
S&P
|
Moody's
|
Bank of America
|
A+
|
A2
|
BB&T
|
A-
|
A2
|
BMO Harris Bank
|
A+
|
Baa1
|
CapitalOne Bank
|
BBB+
|
Baa1
|
Citi Bank
|
A+
|
Aa3
|
Citizens Bank
|
A-
|
Baa1
|
Chase Bank
|
A+
|
Aa2
|
Fulton Financial
|
-----
|
Baa1
|
Investors Bank
|
BBB-
|
-----
|
KeyBank
|
A-
|
A3
|
M&T Bank
|
A-
|
A3
|
PNC Bank
|
A
|
A2
|
Santander Bank
|
A-
|
A2
|
SunTrust
|
A-
|
Baa1
|
TD Bank
|
AA-
|
Aa1
|
Wells Fargo
|
A+
|
Aa2
|
|
Financial Articles (By Company)
|
Date Posted
|
Reference/Company
|
Article
|
Source
|
7/18/19
|
Bank of America
|
|
Yahoo Finance
|
7/30/19
|
BB&T / SunTrust
|
|
Philadelphia Business Journal
|
7/9/19
|
Citigroup
|
|
Yahoo Finance
|
7/23/19
|
Citizens Bank
|
|
Philadelphia Business Journal
|
7/26/19
|
Investors Bank
|
|
Philadelphia Business Journal
|
7/16/19
|
KeyBank
|
|
Philadelphia Business Journal
|
7/18/19
|
M&T Bank
|
|
Buffalo Business First
|
7/15/19
|
M&T Bank
|
|
Philadelphia Business Journal
|
7/25/19
|
Metro Bank Plc
|
|
The Philadelphia Inquirer
|
7/31/19
|
OceanFirst
|
|
Philadelphia Business Journal
|
7/29/19
|
PNC Bank
|
|
Philadelphia Business Journal
|
7/18/19
|
PNC Bank
|
|
Philadelphia Business Journal
|
7/12/19
|
Republic Bank
|
|
New York Business Journal
|
7/29/19
|
The Bank of Princeton
|
|
Philadelphia Business Journal
|
7/16/19
|
Univest Bank & Trust Co.
|
|
Philadelphia Business Journal
|
7/25/19
|
WSFS
|
|
Philadelphia Business Journal
|
7/9/19
|
WSFS
|
|
Philadelphia Business Journal
|
|
Financial Articles (General)
|
Date Posted
|
Reference/Company
|
Article
|
Source
|
7/31/19
|
General
|
|
Philadelphia
Business Journal
|
7/21/19
|
General
|
|
MarketWatch
|
7/16/19
|
General
|
|
Philadelphia Business Journal
|
7/10/19
|
General
|
|
Philadelphia Business Journal
|
7/9/19
|
General
|
|
The Philadelphia Inquirer
|
|
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
|
2.06
|
2.09
|
2.41
|
2.38
|
2.01
|
6 Month Treasury
|
2.07
|
2.09
|
2.44
|
2.45
|
2.17
|
1 Year Treasury
|
1.99
|
1.93
|
2.37
|
2.54
|
2.40
|
2-Year
|
1.86
|
1.75
|
2.27
|
2.46
|
2.66
|
5-Year
|
1.82
|
1.77
|
2.28
|
2.44
|
2.84
|
10-Year
|
2.01
|
2.01
|
2.50
|
2.63
|
2.96
|
30-Year
|
2.52
|
2.53
|
2.93
|
3.00
|
3.08
|
|
Key Rates
|
Current
|
1 Month Prior
|
3 Month Prior
|
6 Month Prior
|
1 Year Prior
|
Fed Funds Rate
|
2.40
|
2.38
|
2.45
|
2.40
|
1.90
|
Federal Reserve Target
|
2.25
|
2.50
|
2.50
|
2.50
|
2.00
|
Prime Rate
|
5.50
|
5.50
|
5.50
|
5.50
|
5.00
|
|
Muni Bonds - Yields
|
Current
|
1 Month Prior
|
3 Month Prior
|
6 Month Prior
|
1 Year Prior
|
1-Year
|
1.09
|
1.28
|
1.55
|
1.66
|
1.47
|
2-Year
|
1.11
|
1.29
|
1.58
|
1.68
|
1.62
|
5-Year
|
1.17
|
1.34
|
1.65
|
1.79
|
1.97
|
10-Year
|
1.54
|
1.62
|
1.89
|
2.19
|
2.49
|
30-Year
|
2.35
|
2.40
|
2.65
|
3.10
|
3.06
|
|
Libor
|
Current
|
1 Month Prior
|
3 Month Prior
|
6 Month Prior
|
1 Year Prior
|
1-Month Libor
|
2.23
|
2.40
|
2.48
|
2.50
|
2.07
|
3-Month Libor
|
2.25
|
2.31
|
2.58
|
2.74
|
2.33
|
6-Month Libor
|
2.19
|
2.18
|
2.62
|
2.82
|
2.52
|
1-Year Libor
|
2.19
|
2.15
|
2.72
|
3.02
|
2.82
|
|
|
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
|
Citizens Bank
|
Pittsburgh
|
PA
|
$5,000,000
|
4.00%
|
10
|
NNN
|
10% every 5 years
|
New Branch
|
TD Bank
|
Great Falls
|
VA
|
$9,059,000
|
4.25%
|
17.3
|
Ground
|
10% every 5 years
|
$25,629,000
|
Chase Bank
|
Kensington
|
MD
|
$6,470,000
|
4.25%
|
15
|
NNN
|
10% every 5 years
|
New Branch
|
Bank of America
|
Alexandria
|
VA
|
$4,740,000
|
4.75%
|
15
|
NNN
|
12% every 5 years
|
New Branch
|
Wells Fargo
|
Blackwood
|
NJ
|
$7,600,520
|
5.00%
|
9
|
Ground
|
13.5% every 5 years
|
$78,107,000
|
TD Bank
|
Chatham
|
NJ
|
$4,390,000
|
5.00%
|
5
|
NNN
|
10% annually
|
$267,659,000
|
Wells Fargo
|
Bayville
|
NJ
|
$4,848,000
|
5.10%
|
10
|
Ground
|
10% every 5 years
|
$120,319,000
|
Amboy Bank
|
Aberdeen
|
NJ
|
$2,238,095
|
5.25%
|
10
|
NNN
|
2% annually
|
$39,166,000
|
PNC Bank
|
Bowie
|
MD
|
$4,100,000
|
5.48%
|
9
|
Ground
|
N/A
|
$52,998,000
|
Embassy Bank
|
Bethlehem
|
PA
|
$3,485,382
|
5.50%
|
5.5
|
NNN
|
1.5% annually
|
$96,853,000
|
Santander Bank
|
Shillington
|
PA
|
$1,390,909
|
5.50%
|
5.75
|
NNN
|
N/A
|
$79,509,000
|
SunTrust
|
Virgina Beach
|
VA
|
$2,854,545
|
5.50%
|
9.3
|
NNN
|
10% in year 6
|
$72,336,000
|
PNC Bank
|
Baltimore
|
MD
|
$2,315,700
|
5.70%
|
Unknown
|
NNN
|
Unknown
|
$25,082,000
|
SunTrust
|
Stafford
|
VA
|
$4,083,556
|
5.70%
|
8.5
|
NNN
|
1.5% annually
|
$60,192,000
|
Bank of America
|
Virgina Beach
|
VA
|
$1,751,315
|
5.70%
|
5.3
|
Ground
|
N/A
|
$44,282,000
|
SunTrust
|
Fredericksburg
|
VA
|
$2,765,619
|
5.75%
|
9
|
Ground
|
10% in March, 2023
|
$88,915,000
|
SunTrust
|
Manakin-Sabot
|
VA
|
$3,065,000
|
5.75%
|
Unknown
|
NNN
|
3% annually
|
$49,709,000
|
PNC Bank
|
Pittsburgh
|
PA
|
$2,575,000
|
5.87%
|
9
|
Ground
|
10% every 5 years
|
$136,419,000
|
BB&T Bank
|
Mullica Hill
|
NJ
|
$4,000,000
|
5.95%
|
10
|
NNN
|
2% annually
|
$55,775,000
|
KeyBank
|
Devon
|
PA
|
$1,979,538
|
6.00%
|
7
|
NNN
|
Unknown
|
$14,773,000
|
TD Bank
|
Forked River
|
NJ
|
$6,439,200
|
6.00%
|
4.9
|
Ground
|
12% every 5 years
|
$187,000,000
|
KeyBank
|
Frazer
|
PA
|
$1,612,957
|
6.00%
|
6.7
|
NNN
|
Unknown
|
$38,895,000
|
M&T Bank
|
Sinking Spring
|
PA
|
$1,750,000
|
6.00%
|
5
|
NNN
|
N/A
|
$170,646,000
|
BB&T Bank
|
Fredericksburg
|
VA
|
$5,290,000
|
6.25%
|
9.2
|
Ground
|
15% every 5 years
|
$34,144,000
|
TD Bank
|
Clinton
|
MD
|
$5,956,923
|
6.50%
|
8
|
Ground
|
10% every 5 years
|
$48,441,000
|
BB&T Bank
|
Lumberton
|
NJ
|
$1,538,000
|
6.50%
|
11.5
|
Ground
|
10% every 5 years
|
$0
|
SunTrust
|
Manassas
|
VA
|
$7,446,154
|
6.50%
|
9
|
Ground
|
10% every 5 years
|
$35,921,000
|
SunTrust
|
South Boston
|
VA
|
$1,832,492
|
6.50%
|
10
|
NNN
|
1.5% annually
|
$60,028,000
|
S&T Bank
|
Harrisburg
|
PA
|
$2,161,300
|
6.50%
|
10
|
NNN
|
12.5% every 5 years
|
$51,616,000
|
BB&T Bank
|
Quakertown
|
PA
|
$2,685,000
|
6.76%
|
4
|
Ground
|
N/A
|
$36,770,000
|
PNC Bank
|
Woodbridge
|
VA
|
$7,666,667
|
6.90%
|
10
|
Ground
|
15% every 5 years
|
$29,739,000
|
Citizens Bank
|
Munhall
|
PA
|
$447,628
|
7.25%
|
3.2
|
NNN
|
1% annually
|
$0
|
M&T Bank
|
Woodbridge
|
VA
|
$2,620,690
|
7.25%
|
3.6
|
NNN
|
10% every 5 years
|
$17,162,000
|
First National Bank of PA
|
Erie
|
PA
|
$650,000
|
7.36%
|
4.8
|
NNN
|
N/A
|
$36,703,000
|
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
|
West Grove
|
PA
|
$971,888
|
8.00%
|
4
|
NNN
|
1% annually
|
$57,552,000
|
Citizens Bank
|
Grove City
|
PA
|
$420,753
|
10.75%
|
3.2
|
NNN
|
1% annually
|
$0
|
|
Vacant Banks: Before & After
|
Address:
6444 Lower York Rd, New Hope, PA
Estimated Building Size: +/- 3,700
Previous Tenant: BB&T Bank
|
Branch Closed: December 2017
New Tenant: Penn Wealth Planning
Open Date: September 2018
|
For more information about this transaction, contact: |
|
David Laiter
610.645.7700 x150
dlaiter@equityretailbrokers.com
|
|
|
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
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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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