Aug 2019 - Sept 2019       
 
 

Our services include:

• Real estate site selection for financial institutions
• Disposition of vacant branches and under-performing 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 12/31/2018

Close of Business 09/30/2019

% Change From 12/31/2018 to 09/30/2019

52-Wk High -As of Close of Business 09/30/2019

52-Wk Low -As of Close of Business 09/30/2019

Price/Book As of Close of Business 09/30/2019

Dow Jones Industrial Average

^DJI

23,327.46

26,916.83

15.39%

27,398.68

21,712.53

-

NASDAQ Composite

^IXIC

6,635.28

7,999.34

20.56%

8,339.64

6,190.17

-

S&P 500

^GSPC

2,506.85

2,976.74

18.74%

3,027.98

2,346.58

-

Financial Select Sector SPDR ETF

XLF

23.82

28.01

17.59%

28.72

22.05

-

1st Colonial Bancorp Inc.

FCOB

$12.30

$10.35

-15.85%

$13.00

$10.12

1.05

Banco Santander, S.A.

SAN

$4.48

$4.02

-10.27%

$5.25

$3.65

0.59

Bank of America Corporation

BAC

$24.64

$29.17

18.38%

$31.17

$22.66

1.10

BB&T Corporation

BBT

$43.32

$53.37

23.20%

$53.85

$40.68

1.43

Bryn Mawr Bank Corp.

BMTC

$34.40

$36.51

6.13%

$47.91

$32.84

1.24

Citigroup Inc.

C

$52.06

$69.08

32.69%

$73.98

$48.42

0.87

DNB Financial Corp.

DNBF

$27.00

$44.51

64.85%

$46.86

$25.84

1.63

First Bank

FRBA

$11.89

$10.83

-8.92%

$13.20

$10.29

1.00

Fulton Financial Corporation

FULT

$15.48

$16.18

4.52%

$17.60

$14.38

1.17

Harleysville Savings Financial Corporation

HARL

$23.30

$22.80

-2.15%

$27.00

$22.77

1.14

Investors Bancorp Inc.

ISBC

$10.40

$11.36

9.23%

$12.92

$9.94

1.03

JPMorgan Chase & Co.

JPM

$97.62

$117.69

20.56%

$120.40

$91.11

1.59

M&T Bank Corporation

MTB

$143.13

$157.97

10.37%

$176.11

$133.78

1.47

Malvern Bancorp, Inc.

MLVF

$19.73

$21.83

10.64%

$23.10

$18.03

1.20

OceanFirst Financial Corp.

OCFC

$22.51

$23.60

4.84%

$27.74

$20.46

1.05

Parke Bancorp Inc.

PKBK

$18.72

$22.22

18.70%

$24.45

$16.71

1.45

Prudential Bancorp, Inc.

PBIP

$17.60

$17.01

-3.35%

$19.57

$13.92

1.12

QNB Corp.

QNBC

$38.50

$36.55

-5.06%

$46.00

$36.07

1.10

Quaint Oak Bancorp Inc

QNTO

$11.82

$13.38

13.18%

$14.00

$11.82

1.05

Republic First Bancorp Inc.

FRBK

$5.97

$4.20

-29.65%

$7.85

$3.86

0.98

The Bancorp Inc.

TBBK

$7.96

$9.90

24.37%

$10.87

$7.64

1.23

The PNC Financial Services Group, Inc.

PNC

$116.91

$140.16

19.89%

$144.32

$108.45

1.38

The Royal Bank of Scotland Group plc

RBS

$5.59

$5.10

-8.77%

$7.31

$4.33

0.49

The Toronto-Dominion Bank

TD

$49.72

$58.26

17.18%

$61.79

$47.73

1.91

Tompkins Financial Corporation

TMP

$75.01

$81.13

8.16%

$85.14

$69.02

1.86

Univest Corporation of Pennsylvania

UVSP

$21.57

$25.51

18.27%

$27.80

$20.18

1.15

Wells Fargo & Company

WFC

$46.08

$50.44

9.46%

$55.04

$43.02

1.26

WSFS Financial Corp.

WSFS

$37.91

$44.10

16.33%

$49.40

$33.75

1.28

 
 
Debt Credit Ratings
 
 

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

9/27/19

1st Colonial Bancorp

Outspoken South Jersey bank CEO to retire

Philadelphia Business Journal

9/30/19

Bank of America

BofA agrees to pay $4.2M in discrimination probe

Charlotte Business Journal

9/23/19

Bank of America

Bank of America's tech chief on big data, security and developing the right skill sets

Philadelphia Business Journal

9/6/19

Citigroup

FOCUS-Citigroup stands by card strategy despite economic clouds.

Yahoo Finance

9/17/19

Customers Bank

Customers Bank begins serving the growing hemp industry

Philadelphia Business Journal

9/17/19

Fulton Bank

Fulton Bank, consolidation complete, eyes expansion

Philadelphia Business Journal

9/17/19

HSBC

HSBC almost triples size of local commercial lending team

Philadelphia Business Journal

9/26/19

Hyperion Bank

Philadelphia community bank receives regulatory approval for Atlanta expansion

Philadelphia Business Journal

9/20/19

JPMorgan Chase & Co.

Chase off to fast start, but has a big hill yet to climb

Philadelphia Business Journal

9/16/19

JPMorgan Chase & Co.

JPMorgan's aggressive push into Philadelphia continues with two new branches

Philadelphia Business Journal

9/20/19

KeyCorp

KeyCorp CEO Beth Mooney announces retirement

Philadelphia Business Journal

9/11/19

M&T Bank

M&T Bank CFO on merger of equals: 'If someone approached us, we wouldn't tell them to go away'

Buffalo Business First

9/26/19

PNC Bank

Here's where PNC is putting its new operations center that will employ 500+

Philadelphia Business Journal

9/12/19

PNC Bank

PNC Financial (PNC) to Open Branches in Untapped Markets

Yahoo Finance

9/11/19

PNC Bank

PNC CEO on BofA, Chase: 'They'll get share from us' in Pittsburgh

Pittsburgh Business Times

9/11/19

PNC Bank

PNC planning 15 branches in Dallas, forging ahead in new markets

Pittsburgh Business Times

9/6/19

PNC Bank

Here's what's up at PNC's fintech subsidiary — starting with a new type of bank account

Philadelphia Business Journal

9/12/19

U.S. Bancorp

US Bancorp trims long-term growth outlook

Philadelphia Business Journal

9/27/19

Wells Fargo

Wells Fargo taps BNY Mellon head as its new CEO

Philadelphia Business Journal

9/26/19

Wells Fargo

Climate-change protesters shut down Wells Fargo’s headquarters branch

Philadelphia Business Journal

9/25/19

Wells Fargo

Wells Fargo's top female execs share thoughts on diversity, inclusion

Charlotte Business Journal

9/24/19

Wells Fargo

EXCLUSIVE: Wells Fargo has a new Northeast chief — and he's based locally

Philadelphia Business Journal

9/10/19

WSFS Bank

WSFS forms capital markets group, adds investor relations role

Philadelphia Business Journal

 
 
Financial Articles (General)
 
 

Date Posted

Reference/Company

Article

Source

9/22/19

General

Banks Are Still Boys' Clubs

Yahoo Finance

9/16/19

General

Wells Fargo rebound comes amid Citizens slide. Here's who dominates Philadelphia's banking scene.

Philadelphia Business Journal

9/3/19

General

Tech companies are trying to disrupt banks, and banks are ready

Yahoo Finance

 
 
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

1.81

1.98

2.09

2.38

2.20

6 Month Treasury

1.81

1.87

2.09

2.42

2.36

1 Year Treasury

1.75

1.76

1.93

2.39

2.56

2-Year

1.62

1.50

1.75

2.26

2.82

5-Year

1.55

1.39

1.77

2.23

2.95

10-Year

1.67

1.50

2.01

2.41

3.06

30-Year

2.12

1.96

2.53

2.81

3.21

 

Key Rates

Current

1 Month Prior

3 Month Prior

6 Month Prior

1 Year Prior

Fed Funds Rate

1.85

2.12

2.38

2.41

2.16

Federal Reserve Target

2.00

2.25

2.50

2.50

2.25

Prime Rate

5.00

5.25

5.50

5.50

5.25

 

Muni Bonds - Yields

Current

1 Month Prior

3 Month Prior

6 Month Prior

1 Year Prior

1-Year

1.27

1.00

1.28

1.51

1.92

2-Year

1.27

1.01

1.29

1.52

1.98

5-Year

1.28

1.01

1.34

1.59

2.23

10-Year

1.47

1.27

1.62

1.89

2.62

30-Year

2.11

1.97

2.40

2.72

3.26

 

Libor

Current

1 Month Prior

3 Month Prior

6 Month Prior

1 Year Prior

1-Month Libor

2.05

2.12

2.40

2.50

2.23

3-Month Libor

2.11

2.12

2.31

2.60

2.38

6-Month Libor

2.06

2.04

2.18

2.68

2.60

1-Year Libor

2.04

1.95

2.15

2.72

2.91

 

 
 
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

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

Old Line Bank

Greenbelt

MD

$2,777,260

5.00%

Unknown

NNN

Unknown

$51,562,000

Wells Fargo

Bayville

NJ

$4,848,000

5.10%

10

Ground

10% every 5 years

$120,319,000

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

Bank of America

Cranford

NJ

$5,280,000

5.50%

10

Ground

10% every 5 years

$38,826,000

Santander Bank

Shillington

PA

$1,390,909

5.50%

5.75

NNN

N/A

$79,509,000

BB&T Bank

Vineland

NJ

$1,020,000

5.50%

9

NNN

2% annually

$69,000,000

SunTrust

Virginia Beach

VA

$2,828,829

5.55%

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

BB&T Bank

Atco

NJ

$1,661,000

5.75%

9

NNN

2% annually

$84,067,000

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

BB&T Bank

Richwood

NJ

$1,867,000

5.75%

9

NNN

2% annually

$37,316,000

PNC Bank

Pittsburgh

PA

$2,575,000

5.87%

9

Ground

10% every 5 years

$136,419,000

Bank of America

Fair Lawn

NJ

$7,058,333

6.00%

5.2

Ground

10% every 5 years

$79,374,000

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

BB&T Bank

Lawnside

NJ

$1,566,000

6.00%

9

NNN

2% annually

$21,866,000

Bank of America

Pennsauken

NJ

$2,508,330

6.00%

5

NNN

Unknown

$89,000,000

M&T Bank

Sinking Spring

PA

$1,750,000

6.00%

5

NNN

N/A

$170,646,000

Fulton Bank

Virginia Beach

VA

$2,371,600

6.25%

8.5

Ground

10% every 5 years

$21,130,000

TD Bank

Clinton

MD

$5,956,923

6.50%

8

Ground

10% every 5 years

$48,441,000

SunTrust

Manassas

VA

$7,446,154

6.50%

9

Ground

10% every 5 years

$35,921,000

BB&T Bank

Nottingham

MD

$3,183,000

6.50%

9

NNN

10% every 5 years

$69,407,000

SunTrust

South Boston

VA

$1,832,492

6.50%

10

NNN

1.5% annually

$60,028,000

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

First National Bank of PA

Erie

PA

$650,000

7.36%

4.8

NNN

N/A

$36,703,000

Citizens Bank

Grove City

PA

$922,254

7.75%

3.3

NNN

1% annually

$44,563,000

BB&T Bank

Lancaster

PA

$1,475,000

7.91%

3

NNN

1.5% annually

$40,857,000

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

 
 
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:

 
 

 
 
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