UP!

LION $7.03

LION target price
7.03
0
0
Fidelity Southern Corporation
Type
Public
Traded as NASDAQ: LION
S&P 600 Component
Industry Financial Services
Founded 1973
Headquarters Atlanta, United States
Number of locations
65 Branches
(August 2017)
Key people
James Miller
(Chairman&CEO)
Products Retail Banking
Commercial Banking
Mortgage
SBA
Trust Services
Indirect Lending
Operating income
Increase US$ 101,667 thousands (2014)
Net income
Increase US$ 138,754 thousands (2014)
Total assets Increase US$ 3.1 billion (2014)
Total equity Increase US$ 264,951 million (2014)
Number of employees
1117 (2014)
Website www.fidelitysouthern.com


Fidelity Southern Corporation is a registered financial holding company headquartered in Atlanta, Georgia, United States. It wholly owns Fidelity Bank, a state chartered bank, which offers a wide range of commercial banking products. It also wholly owns LionMark Insurance Company, an insurance agency aimed to provide consumer credit. As of December 31, 2014, the Company had $3.1 billion in total assets, $265.0 million in total stockholders' equity, $2.5 billion in deposits and $2.6 billion in total loans.

Fidelity Bank provides an array of financial products and services for business and retail customers primarily in the metropolitan Atlanta and northern Florida markets, and online at https://www.LionBank.com. Mortgage loans, indirect automobile loans, and Small Business Administration (“SBA”) loans are provided in twelve Southern states.

In 1973, the Bank was founded as a DeKalb County based bank receiving the organizing certificate and offered stock.

In 1979, Fidelity Southern Corporation (holding company) and Fidelity National Mortgage Corporation ( FNMC ), were formed.

In 1983, Fidelity Southern Corporation was granted Trust powers.

In 1992, Fidelity National Capital Investors, Inc. – a full-service brokerage firm was formed.

In 1993, Fidelity Southern Corporation entered the Indirect Lending business with the creation of the Dealer Services department.

In 1994, Fidelity Southern Corporation began trading on NASDAQ on October 31, 1994, under the symbol “LION.”

In 2011, Fidelity Bank acquired assets and deposits of Decatur First Bank from FDIC on October 21, 2011.

In 2012, Fidelity Bank acquired assets and deposits of Security Exchange Bank on June 15, 2012.

In 2015, Fidelity Bank acquired assets and deposits of The Bank of Georgia on October 2, 2015.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q1 2019 2019-04-18 0.22 0.22
Q4 2018 2019-01-17 0.36 0.36
Q3 2018 2018-10-18 0.47 0.47

Ratings

2016-05-18 Initiated Coverage FBR & Co. Market Perform $18.00
2016-05-18 Initiated Coverage FBR & Co Market Perform $18.00
2016-02-20 Reiterated Rating Cowen and Company Market Perform $26.00 to $24.00
2015-09-18 Initiated Coverage Stephens Equal Weight $22.00
2015-07-18 Reiterated Rating Keefe, Bruyette & Woods Hold
2015-07-17 Boost Price Target Keefe, Bruyette & Woods Market Perform $18.00 to $20.00
2015-04-17 Downgrade Keefe, Bruyette & Woods Outperform to Market Perform $17.00 to $18.00
2014-07-18 Boost Price Target Keefe, Bruyette & Woods Outperform $16.00 to $17.00
2014-05-15 Upgrade Keefe, Bruyette & Woods Market Perform to Outperform $16.00
2014-05-07 Upgrade Keefe, Bruyette & Woods Market Perform to Outperform $16.00
2014-04-29 Upgrade Keefe, Bruyette & Woods Market Perform to Outperform $16.00
2014-04-21 Upgrade Keefe, Bruyette & Woods Market Perform to Outperform $16.00
2014-01-27 Lower Price Target Keefe, Bruyette & Woods $18.00 to $16.00
2013-12-02 Downgrade Keefe, Bruyette & Woods Outperform to Market Perform
2013-08-07 Downgrade Robert W. Baird Outperform to Neutral
2009-09-14 Upgrade Sun Trust Rbsn Humphrey Reduce to Neutral
2008-11-25 Downgrade Sun Trust Rbsn Humphrey Neutral to Reduce
2008-01-04 Downgrade Sun Trust Rbsn Humphrey Buy to Neutral
2016-05-18 Initiated Coverage FBR & Co. Market Perform $18.00
2016-05-18 Initiated Coverage FBR & Co Market Perform $18.00
2016-02-20 Reiterated Rating Cowen and Company Market Perform $26.00 to $24.00
2015-09-18 Initiated Coverage Stephens Equal Weight $22.00
2015-07-18 Reiterated Rating Keefe, Bruyette & Woods Hold

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
SHEPHERD W CLYDE III 1.46%  (312046) LION /
MILLER JAMES B JR Chairman 1.22%  (260055) AMSWA / LION / TILE /
BUCHANAN DAVID Vice President 1.16%  (247011) LION /
SMITH RANKIN M JR 1.14%  (242101) LION /
Choate William Millard 1.07%  (228296) LION /
Brolly Stephen H Chief Financial Officer 0.15%  (32848) LION /
BOCKEL DAVID R 0.14%  (30527) LION /
Harp Donald A Jr 0.11%  (23604) LION /
PROCTOR H PALMER JR Executive officer 0.04%  (8489) BRO / LION /
Lankford William C Jr 0.04%  (8335) LION /
CHRISTY CHARLES D Chief Financial Officer 0.02%  (4665) LION /
O'Neal Gloria A 0.01%  (1693) LION /
KING KEVIN S 0.01%  (1515) LION /