Saturday, February 1, 2014

211 Largest US Regional Banks Average Stock Prices Down 51% Due to Financial Meltdown Spillover Effects, Then Up 179% Under Obama and the US Fed

I found 211 US  Regional Bank Companies classified in the Financial Sector at Yahoo's superb Finance website with current Total Market Capitalizations of at least $100 mil each and which also had their common stocks trading on each of the following three dates:
  • On December 31, 2007 during President Bush's second term
  • On March 6, 2009, very early in President Obama's first term, which was their lowest point due to the spillover effects resulting from the 2008 financial meltdown, and 
  • also on the most recent date January 31, 2014.

These 211 US Regional Bank Corps exclude the Big 4 US Money Center Banks that dominate the US Banking landscape.....JPMorgan Chase, Wells Fargo, Bank of America and Citigroup.  These 211 US Regional Banks also exclude the excellent 3 US Banks classified as Asset Management firms.....State Street Corp, Bank of New York Mellon and Northern Trust.   Also, New York Community Bancorp, Hudson City Bancorp, People's United Financial, First Niagara Financial and other similar Banks were classified as Savings & Loans Banks and thus were excluded from these 211 US Regional Banks.  Further, the very well-run Capital One Financial is also excluded from these 211 US Regional Banks since it was classified with the Credit Card companies.

The historical common stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 211 US Regional Bank Corps had their average stock prices drop by a huge 51% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.

But since March 6, 2009, the average stock prices of these same 211 US Regional Bank Corps have increased by 179% through January 31, 2014.

I find it interesting that the Bank leading this stock growth list.....Fifth Third Bancorp.....could well, from my first hand experience, also be the most unethical of the 211.

Only 10 of the 211 US Regional Banks experienced stock price declines since March 6, 2009.

The investors in and employees of a clear majority of these these 211 US Regional Bank Corps must be extremely pleased with the very positive impact of actions taken by both the Obama Administration and the US Fed to successfully rescue the US economy from its extremely weakened state caused by the disastrous 2008 US financial meltdown.

On the downside, as you can see in the below chart, the Big 4 US Money Center Banks experienced an average common stock price appreciation of 367% since March 6, 2009, which was more than double the 179% comparable average stock price growth of the 211 US Regional Bank Corps.







Market Market






Price Price






% %






Change Change



 Market   Market   Market  3-6-09 12-31-07



 Price   Price   Price  to to
Big 4 US Money Center Banks
 1-31-14   3-6-09   12-31-07  1-31-14 3-6-09







Bank of America Charlotte NC      16.75        3.14      41.26 433% -92%
Wells Fargo San Francisco CA      45.34        8.61      30.19 427% -71%
Citigroup New York NY      47.43      10.30     294.40 360% -97%
JPMorgan Chase New York NY      55.36      15.93      43.65 248% -64%








Average % Change all 4




367% -81%


Further on the downside, the 10 largest US Regional Banks, ranked by Market Capitalization, experienced an even much higher 435% average stock price growth since March 6, 2009, as you can see in the chart here below:   






Market Market






Price Price






% %






Change Change



 Market   Market   Market  3-6-09 12-31-07



 Price   Price   Price  to to



 1-31-14   3-6-09   12-31-07  1-31-14 3-6-09
10 Largest US Regional Banks














Fifth Third Bancorp Cincinnati OH      21.02        1.29      25.13 1529% -95%
Huntington Bancshares Columbus OH        9.07        1.02      14.76 789% -93%
US Bancorp Minneapolis MN      39.73        8.82      31.74 350% -72%
PNC Financial Services Pittsburgh PA      78.88      18.51      65.65 326% -72%
SunTrust Banks Atlanta GA      37.02        9.36      62.49 296% -85%
Comerica Dallas TX      45.80      12.84      43.53 257% -71%
M&T Bank Buffalo NY     111.51      31.85      81.57 250% -61%
Regions Financial Birmingham AL      10.17        2.94      23.65 246% -88%
BB&T Corp Winston-Salem NC      37.41      13.73      30.67 172% -55%
KeyCorp Cleveland OH      12.76        5.36      23.45 138% -77%








Average % Change all 10




435% -77%


Massive Income Inequality doesn't just exist with US individuals.....it also exists prevalently with US Banks.

Also, I don't think it is good for the US economy that the largest US Banks continue to do so much better than the smaller US Banks.  I think it would be wise for the US Fed, the US Congress and the Obama Administration to all focus more on enhancing the financial strength of the smaller US Banks.....they should be the engine of US economic growth.  Their less than ideal financial strength, coupled with the uncertain US economy, are both weighing on acceptable loan risk, and are keeping these smaller Banks from making more loans that would accelerate the US economy.

Below here are the stock market prices of each of these 211 US Regional Bank Corps on January 31, 2014, on March 6, 2009, and on December 31, 2007, sorted by Percentage Increase from March 6, 2009 to January 31, 2014:






Market Market






Price Price






% %






Change Change



 Market   Market   Market  3-6-09 12-31-07



 Price   Price   Price  to to



 1-31-14   3-6-09   12-31-07  1-31-14 3-6-09
US Regional Banks














Fifth Third Bancorp Cincinnati OH      21.02        1.29      25.13 1529% -95%
Fidelity Southern Corp Atlanta GA      14.08        0.93        7.58 1417% -88%
Webster Financial Waterbury CT      30.34        2.97      31.97 922% -91%
SVB Financial Group Santa Clara CA     112.23      12.06      50.40 831% -76%
East West Bancorp Pasadena CA      33.46        3.69      24.23 807% -85%
Huntington Bancshares Columbus OH        9.07        1.02      14.76 789% -93%
Texas Capital Bancshares Dallas TX      59.47        6.94      18.25 757% -62%
Bank of the Ozarks Little Rock AR      63.40        8.53      13.10 644% -35%
Taylor Capital Group Rosemont IL      22.33        3.10      20.40 620% -85%
The Bancorp Wilmington DE      19.05        2.68      13.46 610% -80%
Eagle Bancorp Bethesda MD      33.25        4.91      10.00 577% -51%
BBCN Bancorp Los Angeles CA      15.05        2.25      11.67 569% -81%
NewBridge Bancorp Greensboro NC        6.99        1.05      10.79 566% -90%
Mercantile Bank Grand Rapids MI      20.01        3.17      15.50 531% -80%
Signature Bank New York NY     122.06      20.57      33.75 493% -39%
Pacific Premier Bancorp Irvine CA      15.87        2.80        6.91 467% -59%
Virginia Commerce Bancorp Arlington VA      16.26        2.96      10.66 449% -72%
Financial Institutions Warsaw NY      20.88        3.95      17.82 429% -78%
Western Alliance Banc Phoenix AZ      22.42        4.32      18.77 419% -77%
Bridge Capital Holdings San Jose CA      22.05        4.34      21.48 408% -80%
Tower Financial Fort  Wayne IN      23.33        4.75      13.00 391% -63%
Boston Private Financial Boston MA      12.29        2.66      27.08 362% -90%
Mutualfirst Financial Muncie IN      18.79        4.10      13.94 358% -71%
Home Bancshares Conway AR      30.84        6.82        8.83 352% -23%
US Bancorp Minneapolis MN      39.73        8.82      31.74 350% -72%
Horizon Bancorp Michigan City IN      22.26        4.98      11.40 347% -56%
Zions Bancorporation Salt Lake City UT      28.75        6.48      46.69 344% -86%
Prosperity Bancshares Houston TX      92.56      21.16      29.39 337% -28%
Wintrust Financial Rosemont IL      43.83      10.05      33.13 336% -70%
PNC Financial Services Pittsburgh PA      78.88      18.51      65.65 326% -72%
WSFS Financial Wilmington DE      71.80      17.34      50.20 314% -65%
PacWest Bancorp Los Angeles CA      40.11        9.78      41.24 310% -76%
Preferred Bank Los Angeles CA      21.53        5.35      26.02 302% -79%
Firstbank Alma MI      17.88        4.50      13.82 297% -67%
SunTrust Banks Atlanta GA      37.02        9.36      62.49 296% -85%
Stonegate Bank Fort Lauderdale FL      23.60        6.00      11.00 293% -45%
Heritage Financial Group Albany GA      19.79        5.08      11.25 290% -55%
MBT Financial Monroe MI        5.41        1.40        8.82 286% -84%
Access National Reston VA      16.42        4.32        6.04 280% -28%
Comerica Dallas TX      45.80      12.84      43.53 257% -71%
MidWest One Financial Group Iowa City IA      24.58        7.00      16.99 251% -59%
First Business Financial Services Madison WI      41.45      11.84      17.50 250% -32%
M&T Bank Buffalo NY     111.51      31.85      81.57 250% -61%
Old Line Bancshares Bowie MD      16.07        4.60        8.05 249% -43%
Sandy Spring Bancorp Olney MD      24.97        7.16      27.82 249% -74%
Northrim Bancorp Anchorage AK      24.02        6.90      21.32 248% -68%
First Financial Holdings Columbia SC      61.55      17.72      31.67 247% -44%
Regions Financial Birmingham AL      10.17        2.94      23.65 246% -88%
Renasant Corp Tupelo MS      28.79        8.44      21.57 241% -61%
Cardinal Financial McLean VA      17.05        5.12        9.32 233% -45%
FNB Bancorp South San Francisco CA      27.25        8.19      17.04 233% -52%
Codorus Valley Bancorp York PA      19.88        6.02      14.71 230% -59%
Hanmi Financial Los Angeles CA      21.57        6.64      69.96 225% -91%
Independent Bank Rockland MA      36.16      11.56      27.22 213% -58%
International Bancshares Laredo TX      23.41        7.63      20.94 207% -64%
City National Los Angeles CA      72.35      23.68      59.55 206% -60%
Mainsource Financial Group Greensburg IN      16.31        5.42      15.56 201% -65%
First Citizens Bancorp Columbia SC     675.00     225.00     660.00 200% -66%
PrivateBancorp Chicago IL      28.59        9.57      32.65 199% -71%
Citizens Financial Services Mansfield PA      51.01      17.21      18.12 196% -5%
BNC Bancorp High Point NC      16.97        5.75      16.91 195% -66%
Premier Financial Bancorp Huntington WV      14.38        4.88      12.78 195% -62%
First Financial Bancorp Cincinnati OH      16.58        5.66      11.40 193% -50%
Peoples Bancorp Marietta OH      22.55        7.73      24.89 192% -69%
Cathay General Bancorp Los Angeles CA      23.50        8.08      26.49 191% -69%
Rockville Financial Rockville CT      13.28        4.60        8.04 189% -43%
First Citizens Bancshares Raleigh NC     221.24      76.95     145.85 188% -47%
Heartland Financial USA Dubuque IA      25.19        8.84      18.57 185% -52%
C&F Financial Corp West Point VA      35.29      12.57      30.25 181% -58%
Great Southern Bancorp Springfield MO      27.65        9.87      21.96 180% -55%
Southwest Bancorp Stillwater OK      17.45        6.25      18.33 179% -66%
Washington Banking Oak Harbor WA      17.79        6.40      15.79 178% -59%
MB Financial Chicago IL      28.10      10.17      30.83 176% -67%
Monarch Financial Holdings Chesapeake VA      11.51        4.18        7.92 176% -47%
BOK Financial Tulsa OK      64.26      23.31      51.70 176% -55%
Wilshire Bancorp Los Angeles CA        9.96        3.65        7.85 173% -54%
BB&T Corp Winston-Salem NC      37.41      13.73      30.67 172% -55%
First Merchants Muncie IN      21.09        7.76      21.84 172% -64%
Washington Trust Bancorp Westerly RI      32.94      12.13      25.23 172% -52%
Macatawa Bank Holland MI        5.30        1.96        8.59 170% -77%
Century Bancorp Medford MA      33.91      12.57      20.17 170% -38%
American Business Bank Los Angeles CA      30.60      11.65      16.53 163% -30%
CVB Financial Ontario CA      14.92        5.77      10.34 159% -44%
German American Bancorp Jasper IN      26.96      10.51      12.74 157% -18%
Community Bank System DeWitt NY      35.60      13.93      19.87 156% -30%
First Midwest Bancorp Itasca IL      15.97        6.28      30.60 154% -79%
Umpqua Holdings Portland OR      17.56        6.91      15.34 154% -55%
Center Bancorp Union NJ      17.75        7.02      11.06 153% -37%
CoBiz Financial Denver CO      10.56        4.23      14.87 150% -72%
Bank of Marin Bancorp Novato CA      44.23      17.80      29.25 148% -39%
First Financial Bankshares Abilene TX      61.17      24.97      25.10 145% -1%
Lakeland Financial Warsaw IN      36.63      15.02      20.90 144% -28%
KeyCorp Cleveland OH      12.76        5.36      23.45 138% -77%
Southside Bancshares Tyler TX      26.65      11.22      15.27 138% -27%
Pinnacle Financial Partners Nashville TN      32.64      13.76      25.42 137% -46%
First Bancorp Troy NC      17.23        7.39      18.89 133% -61%
Southern National Bancorp VA McLean VA      10.20        4.41        9.00 131% -51%
Banc of California Irvine CA      12.70        5.63      18.00 126% -69%
CU Bancorp Encino CA      17.25        7.65      14.00 125% -45%
Fulton Financial Lancaster PA      12.35        5.51      11.22 124% -51%
TriCo Bancshares Chico CA      24.76      11.13      19.30 122% -42%
Union First Market Bankshares Richmond VA      23.07      10.41      21.14 122% -51%
Oritani Financial Washington Township NJ      15.74        7.15        8.20 120% -13%
Camden National Camden ME      35.35      16.10      28.39 120% -43%
Heritage Oaks Bancorp Paso Robles CA        7.66        3.50      12.00 119% -71%
United Bankshares Charleston WV      29.89      13.79      28.02 117% -51%
Glacier Bancorp Kalispell MT      26.43      12.21      18.74 116% -35%
Bank of Hawaii Honolulu HI      56.78      26.27      51.14 116% -49%
Enterprise Financial Services St Louis MO      18.62        8.68      23.81 115% -64%
Central Valley Community Bancorp Fresno CA      11.50        5.39      10.99 113% -51%
Peoples Financial Services Scranton PA      39.00      18.30      26.30 113% -30%
Chemung Financial Elmira NY      33.66      16.00      28.05 110% -43%
Sierra Bancorp Porterville CA      15.85        7.66      24.89 107% -69%
Heritage Commerce San Jose CA        8.01        3.92      18.39 104% -79%
WesBanco Wheeling WV      28.56      13.99      20.60 104% -32%
Lakeland Bancorp Oak Ridge NJ      11.27        5.53      10.51 104% -47%
City Holding Charleston WV      44.62      21.95      33.84 103% -35%
Cullen/Frost Bankers San Antonio TX      74.02      36.61      50.66 102% -28%
National Bankshares Blacksburg VA      36.41      18.03      17.10 102% 5%
Bar Harbor Bankshares Ben Harbor ME      38.09      18.98      31.40 101% -40%
The First of Long Island Glen Head NY      39.57      19.90      18.55 99% 7%
Pacific Mercantile Bancorp Costa Mesa CA        6.26        3.15      12.31 99% -74%
Cambridge Bancorp Cambridge MA      43.50      22.00      29.80 98% -26%
California First Natl Bancorp Irvine CA      14.80        7.53        9.74 97% -23%
Penns Woods Bancorp Williamsport PA      45.20      23.07      32.50 96% -29%
First Community Bancshares Bluefield VA      16.19        8.28      31.89 96% -74%
Northfield Bancorp Woodbridge NJ      12.43        6.36        7.71 95% -18%
1st Source South Bend IN      29.47      15.16      17.31 94% -12%
Berkshire Bancorp New York NY        7.29        3.76      16.01 94% -77%
Exchange Bank Santa Rosa CA      77.50      40.00     112.00 94% -64%
Commerce Bancshares Kansas City MO      43.47      22.54      33.48 93% -33%
Bryn Mawr Bank Bryn Mawr PA      27.87      14.50      22.93 92% -37%
VantageSouth Bancshares Raleigh NC        5.74        3.00        9.50 91% -68%
FNB Corp Hermitage PA      11.84        6.21      14.70 91% -58%
Midsouth Bancorp Lafayette LA      15.51        8.25      23.30 88% -65%
Park National Newark OH      78.30      42.15      64.50 86% -35%
Chemical Financial Midland MI      28.88      15.86      23.79 82% -33%
BancFirst Oklahoma City OK      54.03      29.90      42.85 81% -30%
Farmers National Banc Canfield OH        7.17        3.99        7.70 80% -48%
TCF Financial Wayzata MN      16.10        9.00      17.93 79% -50%
Yadkin Financial Elkin NC      18.70      10.47      45.81 79% -77%
Heritage Financial Olympia WA      17.03        9.59      19.90 78% -52%
Southeastern Bank Financial Augusta GA      21.20      12.00      31.36 77% -62%
UMB Financial KansaS City MO      59.29      34.54      38.36 72% -10%
IberiaBank Lafayette LA      65.84      38.39      46.75 72% -18%
CNB Financial Clearfield PA      16.06        9.44      13.55 70% -30%
First Horizon National Memphis TN      11.76        6.93      15.12 70% -54%
Community Trust Bancorp Pikeville KY      40.52      23.97      27.53 69% -13%
Guaranty Bancorp Denver CO      12.96        7.75      28.90 67% -73%
North Valley Bancorp Redding CA      23.33      14.00      65.45 67% -79%
National Penn Bancshares Boyertown PA      10.38        6.24      15.14 66% -59%
United Bancorp Ann Arbor MI      12.05        7.25      17.00 66% -57%
Peapack-Gladstone Financial Bedminster NJ      18.50      11.33      23.40 63% -52%
Merchants Bancshares South Burlington VT      29.80      18.30      23.50 63% -22%
Trustmark Jackson MS      23.76      14.73      25.36 61% -42%
Farmers Capital Bank Frankfort KY      20.56      12.76      27.00 61% -53%
First Keystone Berwick PA      24.25      15.10      15.80 61% -4%
Simmons First National Pine Bluff AR      34.53      21.67      26.50 59% -18%
FirstMerit Akron OH      20.35      12.82      19.86 59% -35%
Tompkins Financial Ithaca NY      46.90      29.55      35.27 59% -16%
Middleburg Financial Middleburg VA      17.86      11.31      21.32 58% -47%
Susquehanna Bancshares Lititz PA      10.83        6.86      18.44 58% -63%
Republic Bancorp Louisville KY      23.09      14.89      16.53 55% -10%
Metro Bancorp Harrisburg PA      19.87      12.82      27.85 55% -54%
The First Bancorp Damariscotta ME      16.99      11.24      14.64 51% -23%
Old National Bancorp Evansville IN      14.00        9.30      14.96 51% -38%
American National Bankshares Danville VA      23.25      15.50      19.97 50% -22%
NBT Bancorp Norwich NY      24.04      16.04      22.82 50% -30%
Associated Banc-Corp Green Bay WI      16.47      11.00      27.09 50% -59%
SY Bancorp Louisville KY      29.59      20.12      23.94 47% -16%
Hancock Holding Gulfport MS      34.60      23.75      38.20 46% -38%
First Financial Northwest Renton WA      10.34        7.11        9.84 45% -28%
Cape Bancorp Cape May Court House NJ      10.17        7.00      22.05 45% -68%
Westamerica San Rafael CA      49.36      34.36      44.55 44% -23%
BancorpSouth Tupelo MS      23.57      16.64      23.61 42% -30%
CenterState Banks Davenport FL      11.00        7.77      12.10 42% -36%
Union Bankshares Morrisville VT      22.15      15.90      20.37 39% -22%
Beneficial Mutual Bancorp Philadelphia PA      11.88        8.54        9.72 39% -12%
Independent Bank Ionia MI      13.25        9.60      95.00 38% -90%
Arrow Financial Glen Falls NY      24.93      18.11      18.90 38% -4%
Norwood Financial Honesdale PA      29.50      21.49      28.41 37% -24%
United Community Banks Blairsville GA      16.68      12.20      79.00 37% -85%
Ames National Corp Ames IA      21.26      15.71      19.50 35% -19%
Pacific Continental Eugene OR      14.10      10.44      12.52 35% -17%
BCB Bancorp Bayonne NJ      12.77        9.49      15.55 35% -39%
Bridge Bancorp Bridgehampton NY      24.60      18.45      24.30 33% -24%
Citizens & Northern Wellsboro PA      19.58      14.78      17.63 32% -16%
TrustCo Bank Glenville NY        6.53        4.93        9.92 32% -50%
Valley National Bancorp Wayne NJ        9.69        7.40      14.93 31% -50%
Farmers and Merchants Bancorp Archbold OH      24.05      18.75      20.25 28% -7%
S&T Bancorp Indiana PA      23.39      18.29      27.64 28% -34%
Capital City Bank Group Tallahassee FL      12.76        9.98      28.22 28% -65%
Towne Bank Portsmouth VA      15.04      11.84      15.63 27% -24%
Synovus Financial Columbus GA        3.35        2.65      10.53 26% -75%
First Commonwealth Financial Indiana PA        8.21        6.59      10.65 25% -38%
Charter Financial West Point GA      10.75        8.82      34.48 22% -74%
Univest Corp Pennsylvania Souderton PA      18.78      16.91      21.11 11% -20%
First Mid-Illinois Bancshares Mattoon IL      22.00      19.90      26.05 11% -24%
Seacoast Banking of Florida Stuart FL      11.15      10.85      51.40 3% -79%
TFS Financial Cleveland OH      11.48      11.30      11.94 2% -5%
First Financial Bancorp Terre Haute IN      32.17      31.68      28.34 2% 12%
Sun Bancorp Vineland NJ        3.17        3.43      14.31 -8% -76%
Suffolk Bancorp Riverhead NY      19.28      21.41      30.71 -10% -30%
First Busey Champaign IL        5.50        6.15      19.86 -11% -69%
Westfield Financial Westfield MA        7.46        8.87        9.70 -16% -9%
Cascade Bancorp Bend OR        4.82        8.40     139.20 -43% -94%
Intermountain Community Bancorp Sandpoint ID      15.82      39.50     150.00 -60% -74%
Atlantic Coast Financial Jacksonville FL        4.06      10.20      60.61 -60% -83%
Central Pacific Financial Honolulu HI      18.35      75.40     369.20 -76% -80%
CommunityOne Bancorp Asheboro NC      11.50     175.00  1,216.00 -93% -86%
Hampton Roads Bankshares Virginia Beach VA        1.56     158.75     314.00 -99% -49%








Average % Change all 211




179% -51%