FBR Capital Cuts National Penn Bancshares to Market Perform (NPBC)
National Penn Bancshares (NASDAQ: NPBC) was downgraded by analysts at FBR Capital (NASDAQ: FBCM) from an “outperform” rating to a “market perform” rating in a research report issued to clients and investors on Monday.
Separately, analysts at Boenning Scattergood downgraded shares of National Penn Bancshares from an “outperform” rating to a “neutral” rating in a research note to investors on Friday, April 20th.
National Penn Bancshares opened at 8.29 on Monday. National Penn Bancshares has a 1-year low of $6.06 and a 1-year high of $9.43. The company has a market cap of $1.263 billion and a price-to-earnings ratio of 13.37.
National Penn Bancshares last released its earnings data on Friday, April 20th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.01. Analysts expect that National Penn Bancshares will post $0.16 EPS next quarter.
National Penn Bancshares, Inc. (National Penn) is a bank holding company. The Company provides a range of financial services, principally through its national bank subsidiary, National Penn Bank, including its KNBT Division.