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SUSQ $14.31

SUSQ target price
14.31
0
0
Susquehanna Bank
Industry Bank holding company
Fate Acquired by BB&T Corporation
Successor BB&T
Founded 1901 (As "Farmers National Bank of Lititz")
Defunct 2015
Headquarters Lancaster, Pennsylvania
Products Financial services
Parent Susquehanna Bancshares, Inc.

Susquehanna Bank was a Lancaster, Pennsylvania-based bank which operated over 260 branches in four states including Pennsylvania, Maryland, New Jersey, and West Virginia. Susquehanna Bank's parent company was Susquehanna Bancshares, Inc. (NASDAQ: SUSQ) a regional financial services holding company based in Lititz, Pennsylvania with assets of approximately US$18,000,000,000 and 3,400 employees.

Susquehanna Bank was founded in 1901 as the Farmers National Bank of Lititz. In 1972 this bank changed its name to Farmers First Bank, and beginning in the 1970s it began to acquire other banks in the region, establishing Susquehanna Bancshares as its holding company in 1982 and expanding its reach into the states south of Pennsylvania beginning in the late 1980s. In 2004, Susquehanna Bancshares consolidated its operations into three banks, all using the Susquehanna name. The company has continued to expand, including two large acquisitions in 2008.

In 2008, Susquehanna Bank acquired the naming rights to the Susquehanna Bank Center in Camden, New Jersey.

In 2014, BB&T bank, announced its purchase of Susquehanna Bank as part of a major push into the Mid-Atlantic region. The larger bank was easily able to acquire the much more localized bank. The deal was finalized on August 3, 2015 and all Susquehanna Bank branches were converted to BB&T four months later. Many local communities were discontented with this acquisition by a powerful, yet unfamiliar bank.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2014-11-25 Reiterated Rating Keefe, Bruyette & Woods Hold $9.50 to $13.65
2014-11-13 Boost Price Target FBR & Co. Market Perform $10.50 to $14.00
2014-11-13 Boost Price Target FBR & Co Market Perform $10.50 to $14.00
2014-11-12 Downgrade Boenning & Scattergood Outperform to Under Perform
2014-11-12 Downgrade Sterne Agee CRT Buy to Neutral
2014-11-12 Downgrade BB&T Corp. Market Perform
2014-11-12 Downgrade Boenning Scattergood Outperform to Under Perform
2014-10-24 Reiterated Rating Keefe, Bruyette & Woods Market Perform $10.50 to $9.50
2014-10-06 Reiterated Rating FBR & Co. Market Perform $11.50 to $11.00
2014-10-01 Upgrade Boenning & Scattergood Neutral to Outperform $11.50
2014-10-01 Upgrade Boenning Scattergood Neutral to Outperform $11.50
2014-07-28 Reiterated Rating Macquarie Neutral $11.50 to $11.00
2014-07-25 Reiterated Rating Jefferies Group Hold $11.50 to $11.00
2014-05-15 Initiated Coverage SunTrust Neutral $10.50
2014-05-07 Reiterated Rating Credit Suisse Neutral $12.00 to $11.00
2014-01-24 Lower Price Target Jefferies Group $13.00 to $12.50
2013-10-29 Upgrade Sterne Agee CRT Neutral to Buy $13.50
2013-10-25 Lower Price Target Keefe, Bruyette & Woods Market Perform $14.00 to $13.00
2013-10-25 Lower Price Target Jefferies Group Hold $13.00 to $12.50
2013-10-25 Downgrade Credit Suisse Outperform to Neutral $15.00 to $13.00
2013-10-25 Downgrade Raymond James Market Perform to Underperform
2013-10-25 Downgrade FBR & Co. Outperform to Market Perform $16.00 to $13.00
2013-10-24 Downgrade Guggenheim Buy to Neutral $15.50 to $14.00
2013-07-25 Reiterated Boenning & Scattergood Neutral
2013-01-24 Reiterated FBR Capital Outperform $12 to $14
2012-04-27 Downgrade RBC Capital Mkts Outperform to Sector Perform $10
2012-01-27 Reiterated FBR Capital Outperform $9 to $11.50
2011-09-22 Upgrade Boenning & Scattergood Neutral to Outperform
2010-01-29 Reiterated RBC Capital Mkts Sector Perform $6 to $8
2009-07-10 Reiterated RBC Capital Mkts Underperform $5 to $4
2009-04-30 Upgrade FTN Equity Capital Sell to Neutral
2009-03-17 Initiated Boenning & Scattergood Neutral
2014-11-25 Reiterated Rating Keefe, Bruyette & Woods Hold $9.50 to $13.65
2014-11-13 Boost Price Target FBR & Co. Market Perform $10.50 to $14.00
2014-11-13 Boost Price Target FBR & Co Market Perform $10.50 to $14.00
2014-11-12 Downgrade Boenning & Scattergood Outperform to Under Perform
2014-11-12 Downgrade Sterne Agee CRT Buy to Neutral

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

Funds

In SUSQ 3 funds of 2213 total. Show all

Fund name Ticker shares
Loeb Offshore Management LP 0.70M
MANAGED ACCOUNT ADVISORS LLC 0.14M
ParenteBeard Wealth Management, LLC 289

Major Shareholders

Name Relationship Total Shares Holding stocks
White Robert 0.20%  (370456) SUSQ /
DUNKLEBARGER EDDIE L Vice Chairman 0.14%  (263324) SUSQ /
DESOTO PETER 0.07%  (126340) SUSQ /
SAMUEL ANDREW S Pres., Chief Revenue Officer 0.05%  (90735) SBCP / SUSQ /
HOSTETTER DREW K EVP & Chief Financial Officer 0.05%  (84808) SUSQ /
BALDERSTON EDWARD JR EVP & Chief Admin. Officer 0.04%  (76132) SUSQ /
WIEST ROGER V SR 0.03%  (65268) SUSQ /
PIERNE JAMES G EVP and Group Executive 0.03%  (51476) SUSQ /
MILLER GUY W JR 0.02%  (32059) SUSQ /