|Last Price$24.73||Day Change (%)0.52%|
|Open Price$24.75||Day Change ($)0.13|
|Day Range24.73–24.75||52-Week Range23.26–24.93|
As of Thu 10/19/2017 1:50:00 PM | USD
Sovereign SOV announced an increase in net income on Tuesday. As the company is performing in line with our full-year expectations, we are maintaining our $25 fair value estimate. Sovereign's net interest margin dropped 22 basis points from the second quarter, and now stands at a dismal 2.64%. This ...