Stock Worth Mentioning Today: Could First NBC Bank Holding Company See a Reversal After This Very Strong Session?

Stock Worth Mentioning Today: Could First NBC Bank Holding Company See a Reversal After This Very Strong Session?

The stock of First NBC Bank Holding Company (NASDAQ:FNBC) is a huge mover today! About 404,229 shares traded hands. First NBC Bank Holding Company (NASDAQ:FNBC) has declined 68.91% since April 27, 2016 and is downtrending. It has underperformed by 74.14% the S&P500.
The move comes after 5 months positive chart setup for the $126.18M company. It was reported on Nov, 30 by Barchart.com. We have $7.51 PT which if reached, will make NASDAQ:FNBC worth $10.09 million more.

First NBC Bank Holding Company (NASDAQ:FNBC) Ratings Coverage

Out of 6 analysts covering First NBC Bank Holding Company (NASDAQ:FNBC), 3 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 50% are positive. First NBC Bank Holding Company has been the topic of 10 analyst reports since August 25, 2015 according to StockzIntelligence Inc. The company was upgraded on Tuesday, August 23 by Wood. The stock of First NBC Bank Holding Company (NASDAQ:FNBC) has “Market Perform” rating given on Tuesday, June 14 by Wood. The firm has “Outperform” rating by Hovde Group given on Monday, June 13. The firm has “Mkt Perform” rating given on Monday, October 24 by FBR Capital. TheStreet downgraded First NBC Bank Holding Company (NASDAQ:FNBC) on Tuesday, September 22 to “Hold” rating. The stock has “Outperform” rating given by Wood on Tuesday, August 25. The stock has “Market Perform” rating given by Keefe Bruyette & Woods on Friday, November 6. FBR Capital initiated the stock with “Market Perform” rating in Thursday, March 31 report.

According to Zacks Investment Research, “First NBC Bank Holding Company is a bank holding company that conducts its business activities through its subsidiary, First NBC Bank. The company offers personal and commercial banking services to businesses, professionals and individuals. Its services includes checking accounts, savings accounts, money market deposits, negotiable order of withdrawal accounts, sweep accounts, certificates of deposits , business term loans , loans to purchase cars, boats and other recreational vehicles as well as trustee, custodial and escrow services . First NBC Bank Holding Company is headquartered in New Orleans, Louisiana.”

More notable recent First NBC Bank Holding Company (NASDAQ:FNBC) news were published by: Reuters.com which released: “Hedge fund calls for removal of First NBC Bank CEO” on November 29, 2016, also Wsj.com with their article: “First NBC Bank Enters Into Consent Order” published on November 17, 2016, Wsj.com published: “Regulators Say First NBC Bank in ‘Troubled Condition'” on October 20, 2016. More interesting news about First NBC Bank Holding Company (NASDAQ:FNBC) were released by: Wsj.com and their article: “First NBC Bank Weighing Capital Raising or Sale” published on November 06, 2016 as well as Wsj.com‘s news article titled: “New Orleans’s Premier Bank, First NBC, Runs Into Problems” with publication date: October 17, 2016.

FNBC Company Profile

First NBC Bank Holding Company, incorporated on July 19, 2006, is a bank holding company. The Firm offers a range of financial services through its banking subsidiary, First NBC Bank. The Firm operates through community banking segment. It offers financial services to businesses, institutions and individuals in southeastern Louisiana and the Florida panhandle.

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