Regional banks stock slipped Monday as investors wondered what bank would be acquired next. News that Wachovia Corp. was acquired by Citigroup Inc., investors'
lack of confidence in the banking system and the House's rejection of the $700 billion bailout plan drove stocks in the sector down. Among the big losers were National City Corp., whose stock dropped more than 50%, and Sovereign BankCorp. Inc., which fell over 60%.
- Maria Woehr
Troubled Banks
Prices at 3:00 pm EDT |
| Name |
Price at
open |
Price
at 3:00pm |
Change |
Mkt cap |
| Anchor BanCorp Wisconsin |
9.05 |
6.71 |
-0.37 |
161.11M |
| BankAtlantic Bancorp, Inc |
6.58 |
5.80 |
3.90 |
326.46M |
| BankUnited Financial Corp . |
0.79 |
.72 |
-0.07 |
26.03M |
| Boston Private Financial Holdings |
9.42 |
8.51 |
-1.21 |
473.63M |
| Popular, Inc. |
8.71 |
8.74 |
-0.29 |
2.49B |
| Cascade Bancorp |
8.72 |
8.66 |
-0.18 |
243.13M |
| Capital Corp. of the West |
6.25 |
3.75 |
-7.11 |
40.56M |
| Flagstar Bancorp, Inc. |
4.01 |
3.70 |
-0.44 |
262.58M |
| Franklin Bank Corp. |
0.42 |
0.50 |
0.01 |
12.68M |
| First Horizon National |
10.14 |
8.46 |
-2.81 |
1.78B |
| IBERIABANK Corp. |
55.94 |
57.55 |
0.56 |
740.53M |
| Macatawa Bank Corp. |
9.14 |
9.31 |
-0.30 |
159.00M |
| PrivateBancorp. |
39.67 |
39.48 |
-1.72 |
1.32B |
| Security Bank Corp. |
4.99 |
4.21 |
-0.73 |
97.89M
|
| Umpqua Holdings Corp. |
16.04 |
14.84 |
-1.77 |
891.78M
|
| Western Alliance Bankcorp. |
16.05 |
15.92 |
0.28 |
542.29M
|
| Regions Financial Corp. |
13.41 |
10.08 |
-3.97 |
7.00B
|
| SunTrust Banks Inc. |
49.86 |
44.28 |
-6.58 |
15.67B
|
| W Holding Company Inc. |
00.55 |
00.51 |
-0.01 |
84.10M
|
| Bank of America Corp |
36.70 |
33.14 |
-3.56 |
150.21B
|
| Fifth Third Bancorp |
15.40 |
10.25 |
-5.91 |
6.01B
|
| National City Corp. |
2.80 |
1.61 |
-2.10 |
1.21B
|
| Sovereign Bankcorp, Inc. |
8.56 |
2.84 |
-5.53 |
1.9B
|
Source: The Deal |
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