| Date | Company Name | Action | Current
Price | Price
Target | Rating | Impact on
Share Price |
|---|
| 6/7/2021 | FBMS The First Bancshares | Initiated Coverage | $38.00 | | Market Perform | Low |
| 5/10/2021 | FDUS Fidus Investment | Downgrade | $16.00 | $17.00 ➝ $18.50 | Outperform ➝ Market Perform | Medium |
| 5/3/2021 | EVBN Evans Bancorp | Downgrade | $39.00 | $37.00 ➝ $38.00 | Outperform ➝ Market Perform | N/A |
| 4/13/2021 | BXS BancorpSouth Bank | Upgrade | $28.00 | $36.00 | Market Perform ➝ Outperform | High |
| 4/12/2021 | WNEB Western New England Bancorp | Initiated Coverage | $8.00 | $8.50 | Market Perform | Medium |
| 4/7/2021 | SFBS ServisFirst Bancshares | Downgrade | $65.00 | | Outperform ➝ Market Perform | Medium |
| 4/7/2021 | PGC Peapack-Gladstone Financial | Downgrade | $31.00 | | Outperform ➝ Market Perform | Low |
| 4/7/2021 | VLY Valley National Bancorp | Downgrade | $13.00 | | Outperform ➝ Market Perform | Low |
| 4/5/2021 | TCBI Texas Capital Bancshares | Upgrade | $63.00 | $73.50 ➝ $82.50 | Market Perform ➝ Outperform | Low |
| 3/31/2021 | PEBO Peoples Bancorp | Upgrade | $30.00 | $34.00 ➝ $40.00 | Market Perform ➝ Outperform | Medium |
| 3/19/2021 | CSTR Capstar Financial | Initiated Coverage | $20.00 | $22.00 | Outperform | High |
| 3/8/2021 | BKU BankUnited | Upgrade | $42.00 | $42.00 ➝ $51.00 | Market Perform ➝ Outperform | High |
| 3/5/2021 | SAR Saratoga Investment | Initiated Coverage | $26.00 | $29.00 | Outperform | Low |
| 3/5/2021 | CSWC Capital Southwest | Initiated Coverage | $25.00 | $24.00 | Outperform | Low |
| 3/5/2021 | FSK FS KKR Capital | Initiated Coverage | $22.00 | $23.00 | Outperform | Low |
| 3/5/2021 | FDUS Fidus Investment | Initiated Coverage | $16.00 | $17.00 | Outperform | Medium |
| 3/5/2021 | NMFC New Mountain Finance | Initiated Coverage | $13.00 | $13.50 | Market Perform | Low |
| 3/5/2021 | OCSL Oaktree Specialty Lending | Initiated Coverage | $7.00 | $7.25 | Outperform | Low |
| 2/26/2021 | RBB RBB Bancorp | Initiated Coverage | $23.00 | $25.00 | Outperform | Medium |
| 2/8/2021 | RBCAA Republic Bancorp | Upgrade | $45.00 | $38.00 ➝ $46.00 | Market Perform ➝ Outperform | High |
| 2/1/2021 | PROV Provident Financial | Downgrade | $17.00 | $17.00 | Outperform ➝ Market Perform | Low |
| 1/29/2021 | SBT Sterling Bancorp | Initiated Coverage | $5.00 | $6.00 | Outperform | Low |
| 1/25/2021 | SBNY Signature Bank | Upgrade | $236.00 | $125.00 ➝ $195.00 | Market Perform ➝ Outperform | Medium |
| 1/25/2021 | ICBK County Bancorp | Upgrade | $25.00 | $23.00 ➝ $25.00 | Market Perform ➝ Outperform | High |
| 1/22/2021 | STL Sterling Bancorp | Upgrade | $24.00 | $18.00 ➝ $24.00 | Market Perform ➝ Outperform | Medium |
| 10/14/2020 | CUBI Customers Bancorp | Initiated Coverage | $38.00 | $20.00 | Outperform | Low |
| 9/30/2020 | PB Prosperity Bancshares | Upgrade | $71.00 | $55.00 ➝ $57.00 | Underperform ➝ Market Perform | Low |
| 7/22/2020 | BMTC Bryn Mawr Bank | Downgrade | $43.00 | $33.00 ➝ $31.00 | Outperform ➝ Market Perform | High |
| 7/6/2020 | ICBK County Bancorp | Downgrade | $25.00 | $23.00 | Outperform ➝ Market Perform | High |
| 5/29/2020 | CVBF CVB Financial | Upgrade | $21.00 | $20.00 ➝ $20.50 | Underperform ➝ Market Perform | Low |
| 5/27/2020 | IBTX Independent Bank Group | Upgrade | $74.00 | $59.00 ➝ $42.00 | Market Perform ➝ Outperform | High |
| 5/19/2020 | MYFW First Western Financial | Initiated Coverage | $27.00 | $15.00 | Outperform | High |
| 4/27/2020 | FCCO First Community | Upgrade | $19.00 | $18.00 ➝ $17.00 | Market Perform ➝ Outperform | High |
| 4/8/2020 | CVBF CVB Financial | Downgrade | $21.00 | $18.00 ➝ $19.00 | Market Perform ➝ Underperform | Low |
| 4/7/2020 | NCBS Nicolet Bankshares | Downgrade | $72.00 | $74.00 ➝ $65.00 | Outperform ➝ Market Perform | High |
| 3/30/2020 | CBU Community Bank System | Downgrade | $76.00 | $65.00 | Outperform ➝ Market Perform | Medium |
| 3/6/2020 | NCBS Nicolet Bankshares | Upgrade | $72.00 | $70.00 ➝ $74.00 | Market Perform ➝ Outperform | Low |
| 3/3/2020 | PFHD Professional | Initiated Coverage | $17.00 | $21.50 | Outperform | Low |
| 3/2/2020 | CBU Community Bank System | Upgrade | $76.00 | $72.00 ➝ $70.00 | Market Perform ➝ Outperform | High |
| 2/13/2020 | EBMT Eagle Bancorp Montana | Initiated Coverage | $24.00 | $25.50 | Outperform | Medium |
| 2/6/2020 | EVBN Evans Bancorp | Upgrade | $39.00 | $41.00 ➝ $43.00 | Market Perform ➝ Outperform | N/A |
| 2/5/2020 | MCBS MetroCity Bankshares | Downgrade | $18.00 | $17.00 | Outperform ➝ Market Perform | Low |
| 1/31/2020 | ICBK County Bancorp | Upgrade | $25.00 | $29.00 | Market Perform ➝ Outperform | Low |
| 1/29/2020 | SBNY Signature Bank | Downgrade | $236.00 | $161.00 | Outperform ➝ Market Perform | Medium |
| 1/14/2020 | INBK First Internet Bancorp | Upgrade | $32.00 | $29.00 | Market Perform ➝ Outperform | Low |
| 12/16/2019 | UCBI United Community Banks | Downgrade | $32.00 | $33.00 | Outperform ➝ Market Perform | Low |
| 12/11/2019 | PB Prosperity Bancshares | Downgrade | $71.00 | | Market Perform ➝ Underperform | Low |
| 12/11/2019 | IBTX Independent Bank Group | Downgrade | $74.00 | | Outperform ➝ Hold | Medium |
| 11/20/2019 | SBNY Signature Bank | Upgrade | $236.00 | $140.00 | Market Perform ➝ Outperform | Low |
| 10/29/2019 | MCBS MetroCity Bankshares | Initiated Coverage | $18.00 | $18.00 | Outperform | Low |
| 9/23/2019 | CCBG Capital City Bank Group | Downgrade | $26.00 | $30.00 | Outperform ➝ Market Perform | Medium |
| 8/27/2019 | SNV Synovus Financial | Upgrade | $43.00 | $40.00 ➝ $42.00 | Market Perform ➝ Outperform | Medium |
| 8/5/2019 | GABC German American Bancorp | Downgrade | $38.00 | $34.00 | Outperform ➝ Market Perform | High |
| 7/12/2019 | EVBN Evans Bancorp | Downgrade | $39.00 | | Outperform ➝ Market Perform | N/A |
| 6/17/2019 | WSBC WesBanco | Initiated Coverage | $35.00 | $42.00 | Outperform ➝ Outperform | Low |
| 6/3/2019 | CHCO City | Initiated Coverage | $75.00 | $76.00 | Market Perform ➝ Market Perform | Low |
| 5/31/2019 | ORRF Orrstown Financial Services | Initiated Coverage | $25.00 | $25.00 | Outperform | High |
| 5/22/2019 | FRME First Merchants | Initiated Coverage | $42.00 | $39.00 | Market Perform | High |
| 5/14/2019 | SBCF Seacoast Banking Co. of Florida | Upgrade | $33.00 | | Underperform ➝ Market Perform | Medium |
| 5/6/2019 | FMBH First Mid Bancshares | Initiated Coverage | $40.00 | $39.00 | Market Perform ➝ Market Perform | Low |
| 5/6/2019 | FRBA First Bank | Initiated Coverage | $13.00 | $13.00 | Outperform ➝ Outperform | Low |
| 3/22/2019 | CZWI Citizens Community Bancorp | Initiated Coverage | $14.00 | $14.00 | Outperform ➝ Outperform | High |
| 3/20/2019 | PROV Provident Financial | Upgrade | $17.00 | $19.00 ➝ $23.00 | Market Perform ➝ Outperform | High |
| 3/8/2019 | MVBF MVB Financial | Initiated Coverage | $42.00 | $18.50 | Outperform ➝ Outperform | Medium |
| 3/4/2019 | SBCF Seacoast Banking Co. of Florida | Downgrade | $33.00 | $28.00 ➝ $27.50 | Market Perform ➝ Underperform | High |
| 3/1/2019 | PB Prosperity Bancshares | Downgrade | $71.00 | $79.00 | Outperform ➝ Market Perform | Low |
| 2/15/2019 | ICBK County Bancorp | Downgrade | $25.00 | $22.00 ➝ $20.00 | Outperform ➝ Market Perform | Low |
| 2/4/2019 | BCML BayCom | Initiated Coverage | $18.00 | $24.50 | Outperform ➝ Outperform | High |
| 1/29/2019 | RBCAA Republic Bancorp | Reiterated Rating | $45.00 | $41.00 | Market Perform | Medium |
| 1/28/2019 | RNST Renasant | Reiterated Rating | $40.00 | $34.00 ➝ $38.00 | Market Perform ➝ Market Perform | Low |
| 1/28/2019 | MBWM Mercantile Bank | Reiterated Rating | $30.00 | $36.50 | Hold | Low |
| 1/28/2019 | BSRR Sierra Bancorp | Reiterated Rating | $26.00 | | Buy | Low |
| 1/28/2019 | INBK First Internet Bancorp | Downgrade | $32.00 | $22.00 | Outperform ➝ Market Perform | Low |
| 1/28/2019 | EBSB Meridian Bancorp | Reiterated Rating | $21.00 | $15.00 | Hold | Low |
| 1/18/2019 | HWC Hancock Whitney | Reiterated Rating | $44.00 | $45.00 ➝ $48.00 | Outperform ➝ Outperform | Low |
| 1/2/2019 | SBNY Signature Bank | Downgrade | $236.00 | | Outperform ➝ Market Perform | Medium |
| 1/2/2019 | PB Prosperity Bancshares | Upgrade | $71.00 | $70.00 | Market Perform ➝ Outperform | High |
| 1/2/2019 | EVBN Evans Bancorp | Upgrade | $39.00 | $38.00 | Market Perform ➝ Outperform | N/A |
| 1/2/2019 | GABC German American Bancorp | Upgrade | $38.00 | $31.00 | Market Perform ➝ Outperform | Medium |
| 1/2/2019 | SBCF Seacoast Banking Co. of Florida | Downgrade | $33.00 | | Outperform ➝ Market Perform | Medium |
| 11/5/2018 | CBNK Capital Bancorp | Upgrade | $20.00 | | Market Perform ➝ Outperform | Low |
| 10/25/2018 | STL Sterling Bancorp | Lower Price Target | $24.00 | $30.00 ➝ $22.00 | Outperform | High |
| 10/22/2018 | CBNK Capital Bancorp | Initiated Coverage | $20.00 | $14.00 | Market Perform ➝ Market Perform | Low |
| 10/19/2018 | SFBS ServisFirst Bancshares | Upgrade | $65.00 | | Market Perform ➝ Outperform | Low |
| 9/19/2018 | CIVB Civista Bancshares | Upgrade | $22.00 | $26.00 | Market Perform ➝ Outperform | Medium |
| 8/29/2018 | ICBK County Bancorp | Upgrade | $25.00 | $28.00 | Market Perform ➝ Outperform | Medium |
| 8/27/2018 | EVBN Evans Bancorp | Downgrade | $39.00 | $50.00 | Outperform ➝ Market Perform | N/A |
| 8/13/2018 | CCB Coastal Financial | Initiated Coverage | $30.00 | $20.00 | Outperform | Low |
| 8/10/2018 | FCBP First Choice Bancorp | Initiated Coverage | $30.00 | $31.00 | Outperform | Low |
| 8/8/2018 | SBNY Signature Bank | Upgrade | $236.00 | $144.00 ➝ $133.00 | Market Perform ➝ Outperform | Medium |
| 8/6/2018 | NCBS Nicolet Bankshares | Reiterated Rating | $72.00 | $60.00 | Hold | Low |
| 8/3/2018 | CCBG Capital City Bank Group | Reiterated Rating | $26.00 | $29.00 | Buy | Low |
| 8/2/2018 | CIVB Civista Bancshares | Reiterated Rating | $22.00 | $26.00 | Hold | Low |
| 7/30/2018 | NBHC National Bank | Set Price Target | $37.00 | $40.00 | Hold | Low |
| 7/30/2018 | UCBI United Community Banks | Set Price Target | $32.00 | $34.00 | Buy | Low |
| 7/30/2018 | MCBC Macatawa Bank | Reiterated Rating | $9.00 | $13.00 | Neutral ➝ Hold | Low |
| 7/28/2018 | TRMK Trustmark | Set Price Target | $31.00 | $35.00 | Hold | Low |
| 7/27/2018 | IBCP Independent Bank | Set Price Target | $21.00 | $27.00 | Hold | Low |
| 7/26/2018 | BOKF BOK Financial | Boost Price Target | $84.00 | $100.00 ➝ $105.00 | Market Perform | Low |
| 7/26/2018 | BSRR Sierra Bancorp | Reiterated Rating | $26.00 | $32.00 | Buy | Medium |
