Jeff Rulis

National Bank Holdings Corp (NYSE: NBHC), a community bank franchise located mostly in Colorado and the greater Kansas City region, has seen its stock underperform its peers to the point where its valuation discount is "excessive," according to DA Davidson. The Analyst DA Davidson's...

HomeStreet Inc (NASDAQ: HMST) shares have risen 44 percent since the last market correction in late June, as compared to the 18 percent rise in the NASDAQ Bank Index and 9 percent increase in the S&P 500. HomeStreet hit its 52-week high of $27.20 on Thursday. D.A. Davidson’s Jeff...

In a report published Friday, D.A. Davidson & Co. analyst Jeff Rulis reiterated a Neutral rating on Cascade Bancorp (NASDAQ: CACB), but lowered the price target from $6.25 to $6.00. In the report, D.A. Davidson & Co. noted, “Cascade swoops in with higher offer. Home Federal (HOME – BUY- $...

In a report published Friday, D.A. Davidson & Co. analyst Jeff Rulis upgraded the rating on Sterling Financial Corporation (NASDAQ: STSA) from Neutral to Buy, and raised the price target from $30.52 to $35.60. In the report, D.A. Davidson & Co. noted, “On September 12th, the bank announced...

In a report published Friday, D.A. Davidson & Co. analyst Jeff Rulis upgraded the rating on Home Federal Bancorp (NASDAQ: HOME) from Neutral to Buy, and raised the price target from $17.83 to $18.34. In the report, D.A. Davidson & Co. noted, “HOME shareholders will receive $17.83 per share...

In a report published Friday, D.A. Davidson & Co. analyst Jeff Rulis upgraded the rating on Washington Banking Co. (NASDAQ: WBCO) from Neutral to Buy, and raised the price target from $16.89 to $19.66. In the report, D.A. Davidson & Co. noted, “WBCO announced a merger agreement with...

In a report published Thursday, D.A. Davidson & Co. analyst Jeff Rulis upgraded the rating on Heritage Financial Corporation (NASDAQ: HFWA) from Neutral to Buy, and raised the price target from $16.50 to $19.00. In the report, D.A. Davidson & Co. noted, “HFWA announced a merger agreement...

In a report published Friday, D.A. Davidson analyst Jeff Rulis upgraded the rating on Umpqua Holdings Corp. (NASDAQ: UMPQ) from Neutral to Buy, and raised the price target from $17.00 to $20.00. In the report, D.A. Davidson noted, “Sterling shareholders will receive 1.671 shares of Umpqua common...

In a report published Friday, D.A. Davidson analyst Jeff Rulis upgraded the rating on Home Federal Bancorp (NASDAQ: HOME) from Neutral to Buy, and reiterated the $15.00 price target. In the report, D.A. Davidson noted, “HOME has retrenched nearly 9% YTD, vastly underperforming the Davidson Bank...

In a report published Friday, D.A. Davidson analyst Jeff Rulis downgraded the rating on Sterling Financial Corporation (NASDAQ: STSA) from Buy to Neutral, but raised the price target from $30.00 to $30.52. In the report, D.A. Davidson noted, “Sterling shareholders will receive 1.671 shares of...

In a report published Monday, D.A. Davidson analyst Jeff Rulis upgraded Cascade Bancorp (NASDAQ: CACB) from Underperform to Neutral, and raised the price target from $4.00 to $6.25. In the report, D.A. Davidson noted, “With the DTA allowance recovery now a certainty, we value CACB as a...

In a report published Wednesday, D.A. Davidson analyst Jeff Rulis downgraded First Interstate Bancsystem (NASDAQ: FIBK) from Buy to Neutral, but raised the price target from $24.50 to $25.00. In the report, D.A. Davidson noted, “First Interstate reported Q2'13 EPS of $0.49 versus our estimate...

In a report published Tuesday, D.A. Davidson analyst Jeff Rulis reiterated a Neutral rating on Bank of Hawaii (NYSE: BOH), and raised the price target from $55.00 to $57.00. In the report, D.A. Davidson noted, “Bank of Hawaii reported Q2'13 EPS of $0.85 versus our estimate of $0.83, which also...

In a report published Tuesday, D.A. Davidson analyst Jeff Rulis downgraded Bank of Marin Bancorp (NASDAQ: BMRC) from Buy to Neutral, but reiterated the $47.00 price target. In the report, D.A. Davidson noted, “Bank of Marin reported Q2'13 EPS of $0.55 versus our estimate of $0.76 and the Street...