Stock Summary - Some Publicly Traded Banks Operating in Philadelphia Metro Market

Company

Symbol

Close of Business 12/31/2020

Close of Business 07/30/2021

% Change From 12/31/20 to 07/30/2021

52-Wk High -As of Close of Business 07/30/2021

52-Wk Low -As of Close of Business 07/30/2021

Price/Book As of Close of Business 07/30/2021

Dow Jones Industrial Average

^DJI

30,606.48

34,935.47

14.14%

35,171.52

26,143.77

-

NASDAQ Composite

^IXIC

12,888.28

14,672.68

13.85%

14,863.65

10,519.49

-

S&P 500

^GSPC

3,756.07

4,395.26

17.02%

4,429.97

3,209.45

-

Financial Select Sector SPDR Fund

XLF

29.48

36.52

23.88%

38.6

22.94

1.07

1st Colonial Bancorp, Inc.

FCOB

$7.76

$9.58

23.45%

$9.94

$5.20

0.84

Banco Santander, S.A.

SAN

$3.05

$3.67

20.33%

$4.38

$1.78

0.63

Bank of America Corporation

BAC

$30.31

$38.36

26.56%

$43.49

$22.95

1.28

Bryn Mawr Bank Corporation

BMTC

$30.59

$39.13

27.92%

$49.83

$23.96

1.21

Citigroup Inc.

C

$61.66

$67.62

9.67%

$80.29

$40.49

0.74

Citizens Financial Group, Inc.

CFG

$35.76

$42.16

17.90%

$51.14

$23.46

0.85

Citizens & Northern Corporation

CZNC

$19.84

$24.70

24.50%

$25.69

$14.92

1.30

First Bank

FRBA

$9.38

$13.32

42.06%

$14.41

$6.05

1.07

Fulton Financial Corporation

FULT

$12.72

$15.32

20.44%

$18.41

$8.89

0.94

Harleysville Financial Corporation

HARL

$21.50

$25.00

16.28%

$27.00

$20.50

1.16

Investors Bancorp, Inc.

ISBC

$10.56

$13.82

30.87%

$15.71

$6.74

1.22

JPMorgan Chase & Co.

JPM

$127.07

$151.78

19.45%

$167.44

$91.38

1.79

KeyCorp

KEY

$16.41

$19.66

19.80%

$23.65

$11.33

1.18

Lakeland Bancorp, Inc.

LBAI

$12.70

$16.37

28.90%

$19.35

$9.49

1.05

M&T Bank Corporation

MTB

$127.30

$133.85

5.15%

$168.27

$88.48

1.12

Malvern Bancorp, Inc.

MLVF

$15.50

$18.85

21.65%

$19.38

$11.02

0.99

Meridian Corporation

MRBK

$20.80

$27.00

29.81%

$29.18

$14.12

1.09

OceanFirst Financial Corp.

OCFC

$18.63

$19.50

4.67%

$25.76

$13.14

0.80

Parke Bancorp, Inc.

PKBK

$15.60

$19.96

27.95%

$22.08

$11.56

1.10

Provident Financial Services, Inc.

PFS

$17.96

$21.60

20.27%

$25.70

$11.76

1.02

Prudential Bancorp, Inc.

PBIP

$13.85

$14.10

1.81%

$15.86

$9.53

0.84

QNB Corp.

QNBC

$32.05

$36.19

12.92%

$39.17

$26.00

0.97

Quaint Oak Bancorp, Inc.

QNTO

$14.76

$18.00

21.99%

$18.50

$10.81

1.21

Republic First Bancorp, Inc.

FRBK

$2.84

$3.69

29.93%

$4.61

$1.95

0.68

S&T Bancorp, Inc.

STBA

$24.84

$29.45

18.56%

$35.80

$16.98

0.97

The Bancorp, Inc.

TBBK

$13.65

$23.37

71.21%

$26.70

$7.95

2.25

The Bank of Princeton

BPRN

$23.41

$29.49

25.97%

$31.31

$17.40

0.94

The PNC Financial Services Group, Inc.

PNC

$149.00

$182.41

22.42%

$203.88

$101.58

1.42

The Toronto-Dominion Bank

TD

$56.42

$66.45

17.78%

$73.85

$42.90

1.69

Tompkins Financial Corporation

TMP

$70.60

$76.75

8.71%

$92.80

$54.32

1.56

Truist Financial Corporation

TFC

$47.93

$54.43

13.56%

$62.69

$34.86

1.20

Univest Financial Corporation

UVSP

$20.58

$27.36

32.94%

$30.14

$13.92

1.12

Wells Fargo & Company

WFC

$30.18

$45.94

52.22%

$48.13

$20.76

1.11

WSFS Financial Corporation

WSFS

44.88

43.78

-2.45%

55.18

24.59

1.10

Date Posted

Reference/Company

Article

Source

7/14/21

Bank of America

BofA Struggles With Tepid Loan Income as Consumers Shun Debt

Yahoo Finance

7/28/21

Citizens Bank

Citizens Bank agrees to buy New Jersey-based Investors Bancorp for $3.5B

Philadelphia Business Journal

7/28/21

Citizens Bank

Citizens Bank bridges NYC and Philadelphia footprints by gaining critical mass in NJ with Investors deal

Philadelphia Business Journal

7/6/21

City National Bank

'Bank to the Stars' enters Philadelphia by hiring three JPMorgan private bankers

Philadelphia Business Journal

7/21/21

JPMorgan Chase & Co.

JPMorgan hands boss Jamie Dimon million dollar 'special award' to stay at the bank

Yahoo Finance

7/12/21

JPMorgan Chase & Co.

With 10 more to go, JPMorgan Chase identifies all 50 of its planned Philadelphia-area branches

Philadelphia Business Journal

7/20/21

OceanFirst Bank

OceanFirst to open Boston loan office with ex-TD Bank executive as it targets 'Amtrak bank' status

Philadelphia Business Journal

7/22/21

PNC Bank

PNC closing two Delaware branches, now 75% toward 2021 consolidation goal

Philadelphia Business Journal

7/14/21

PNC Bank

Here's how the BBVA USA acquisition impacted PNC's 2Q earnings

Philadelphia Business Journal

7/28/21

Santander Bank

Santander plans to close 15 more Pennsylvania bank branches this year

Philadelphia Business Journal

7/14/21

Santander Bank

Santander to close 3 more Philadelphia-area bank branches

Philadelphia Business Journal

7/28/21

TD Bank

TD Bank taps Charlotte executive for role of Mid-South regional president

Philadelphia Business Journal

7/12/21

TriState Capital Bank

TriState Capital Bank to increase its footprint in Philadelphia

Philadelphia Business Journal

7/8/21

U.S. Bancorp

PFM agrees to sell asset management division to one of nation's largest banks

Philadelphia Business Journal

7/29/21

Valley National Bank

Looking to capitalize on industrial growth, North Jersey's largest bank enters Philadelphia market

Philadelphia Business Journal

7/22/21

Wells Fargo

Former Bank of America market president joins Wells Fargo as head of small business banking

Philadelphia Business Journal

7/14/21

Wells Fargo

Wells Fargo's second-quarter profits beat analysts' expectations with $1.6B drop in credit allowance

Philadelphia Business Journal

7/12/21

Wells Fargo

Wells Fargo account closures cast light on vague cost of a credit score hit

Yahoo Finance

7/8/21

Wells Fargo

Bank analyst weighs in on Wells Fargo's move to halt personal lines of credit

Philadelphia Business Journal

Date Posted

Reference/Company

Article

Source

7/20/21

General

Wells Fargo, TD and other big bank stocks take hit in market sell-off

Philadelphia Business Journal

7/19/21

General

Credit Cards Revive Rewards Battle With New Cash-Back Offerings

Yahoo Finance

7/14/21

General

Biggest U.S. banks smash profit estimates as economy revives

Yahoo Finance

7/8/21

General

After 10-year Wilmington Trust failure, will U.S. end efforts to jail bankers when banks collapse?

The Philadelphia Inquirer

7/7/21

General

Public bank could help Philly overcome troubling racial wealth gap

The Philadelphia Inquirer

7/4/21

General

Vanishing teller jobs threaten women’s banking entry point

The Philadelphia Inquirer

7/1/21

General

Banks continue to close thousands of branches. Is branch banking dying?

Philadelphia Business Journal

Equity Retail Brokers - Capital Markets Review - Leading Rates

US Treasuries

Current

1 Month Prior

3 Month Prior

6 Month Prior

1 Year Prior

3 Month Treasury

0.04

0.04

0.01

0.05

0.08

6 Month Treasury

0.05

0.05

0.02

0.06

0.09

1 Year Treasury

0.06

0.07

0.05

0.07

0.11

2-Year

0.18

0.25

0.16

0.11

0.11

5-Year

0.69

0.89

0.85

0.43

0.20

10-Year

1.22

1.47

1.63

1.08

0.53

30-Year

1.89

2.09

2.30

1.85

1.19

Key Rates

Current

1 Month Prior

3 Month Prior

6 Month Prior

1 Year Prior

Fed Funds Rate

0.07

0.05

0.03

0.08

0.10

Federal Reserve Target

0.25

0.25

0.25

0.25

0.25

Prime Rate

3.25

3.25

3.25

3.25

3.25

Muni Bonds - Yields

Current

1 Month Prior

3 Month Prior

6 Month Prior

1 Year Prior

1-Year

0.06

0.14

0.08

0.11

0.10

2-Year

0.06

0.16

0.10

0.12

0.12

5-Year

0.37

0.51

0.43

0.22

0.26

10-Year

0.85

1.00

0.98

0.70

0.64

30-Year

1.43

1.57

1.65

1.46

1.44

Libor

Current

1 Month Prior

3 Month Prior

6 Month Prior

1 Year Prior

1-Month Libor

0.09

1.38

0.11

0.12

0.17

3-Month Libor

0.13

1.31

0.18

0.22

0.27

6-Month Libor

0.16

1.25

0.21

0.23

0.32

1-Year Libor

0.24

1.25

0.28

0.31

0.46

Below is a list of some single tenant net lease bank investment properties that are currently for sale in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, West Virginia, and Washington D.C. This list of available Investment Properties is intended for the use and benefit of Equity Retail Brokers current and prospective commercial real estate investment clients. The list is compiled for our clients to give them an understanding of current pricing of Net Lease bank properties in the region.  The information has been gathered from a variety of sources. Some of these properties are listed by Equity Retail Brokers, while others are listed by other brokers or are being directly marketed by the owner.  However they are listed, we at Equity Retail Brokers, either as a dual or a buyer's agent, can represent our client's interest in obtaining information and negotiating the purchase of any of the properties.

Bank

City

State

Asking Price

Cap Rate

Lease (Years Left)

Lease Type

Lease Increases

2020 Deposits

PNC Bank

Orange

NJ

$5,600,000

3.75%

20

Ground

12% every 5 years

New Branch

Chase Bank

Moorestown

NJ

$6,250,000

4.00%

20

Ground

10% every 5 years

New Branch

Bank of America

Parsippany-Troy Hills

NJ

$9,100,000

4.00%

9.6

NNN

12% every 5 years

$100,557,000

Citizens Bank

Pittsburgh

PA

$5,000,000

4.00%

10

NNN

10% every 5 years

New Branch

Chase Bank

Fairfield

NJ

$5,500,000

4.18%

17

NNN

Unknown

$132,364,000

PNC Bank

Belle Vernon

PA

$2,329,412

4.25%

20

Ground

10% every 5 years

New Branch

TD Bank

Forked River

NJ

$6,400,000

4.30%

13

Ground

12% every 5 years

$246,981,000

Truist Bank

Hyattsville

MD

$9,615,000

4.35%

14.9

NNN

15% every 5 years

$91,816,000

Chase Bank

Stanhope

NJ

$2,180,000

4.36%

12

NNN

10% every 5 years

$15,516,000

Capital One Bank

Rockville

MD

$14,000,000

4.45%

9.1

Ground

3% annually

$128,645,000

Haven Savings Bank

Madison

NJ

$3,300,000

4.50%

5.1

NNN

15% every 5 years

$45,136,000

Bank of America

Penn Hills

PA

$4,111,000

4.50%

15

Ground

11% every 5 years

New Branch

Chase Bank

Pittsburgh

PA

$1,915,933

4.50%

15

Ground

10% every 5 years

New Branch

Investors Bank

Avenel

NJ

$2,894,737

4.75%

14.5

Ground

10% every 5 years

$36,325,000

Wells Fargo

Somerset

NJ

$5,669,271

4.80%

9.2

Ground

Unknown

$185,906,000

Bank of America

Petersburg

PA

$950,000

5.18%

4.5

NNN

15% every 5 years

$80,692,000

Citizens Bank

Lancaster

PA

$1,514,019

5.35%

7.9

NNN

2% annually

$88,710,000

Wells Fargo

Fairfax

VA

$7,700,000

5.50%

6.8

NNN

10% every 5 years

$97,780,000

Citizens Bank

Harrisburg

PA

$1,363,636

5.50%

5.9

NNN

2% annually

$362,325,000

Chase Bank

Long Branch

NJ

$3,696,000

5.50%

3.9

Ground

10% in options

$94,094,000

Truist Bank

Pikesville

MD

$4,092,759

5.50%

7

NNN

3% annually

$90,660,000

Citizens Bank

Wilmington

DE

$1,163,636

5.50%

5.9

NNN

2% annually

$64,320,000

Citizens Bank

York

PA

$1,818,182

5.50%

5.9

NNN

2% annually

$196,599,000

Citizens Bank

Philadelphia

PA

$1,600,000

5.63%

8

NNN

10% in year 6

$24,771,000

Firstrust Bank

Doylestown

PA

$3,765,530

5.75%

11

NNN

1.5% annually

$89,934,000

TruMark Financial

Jenkintown

PA

$1,280,000

5.75%

10

NNN

10% every 5 years

Unknown

PNC Bank

La Plata

MD

$2,750,000

5.75%

6

NNN

Unknown

$185,643,000

Truist Bank

Quakertown

PA

$2,608,695

5.75%

12

Ground

10% every 5 years

$80,911,000

Bank of America

Wayne

PA

$6,643,850

5.75%

5.9

NNN

10% or CPI every 5 years

$58,377,000

Wells Fargo

Culpepper

VA

$3,428,333

5.81%

6.5

NNN

10% every 5 years

$116,777,000

PNC Bank

Fredericksburg

VA

$7,840,000

6.00%

8

Ground

11% every 5 years

$33,237,000

ACNB Bank

Hanover

PA

$1,500,000

6.00%

5

Ground

10% in options

$34,700,000

Santander Bank

Shillington

PA

$1,275,000

6.00%

4.3

NNN

N/A

$110,650,000

Wells Fargo

Woodbridge

VA

$2,883,833

6.00%

3

Ground

10% in options

$106,769,000

Truist Bank

Manakin-Sabot

VA

$2,895,000

6.65%

5.2

NNN

3% annually

$48,110,000

Chase Bank

Roxbury

NJ

$1,787,627

6.70%

5.9

NNN

12% in options

$92,504,000

Citizens Bank

Upper Darby

PA

$1,703,703

6.75%

5

NNN

Unknown

$80,898,000

Citizens Bank

Dallas

PA

$1,368,613

6.85%

5

NNN

CPI (between 1-2.5% annually

$77,320,000

Citizens Bank

Milford

PA

$1,532,847

6.85%

5

NNN

CPI (between 1-2.5% annually

$90,844,000

Citizens Bank

West Hazleton

PA

$1,605,839

6.85%

Unknown

NNN

CPI (between 1-2.5% annually

$48,649,000

PNC Bank

Bowie

MD

$3,750,000

6.89%

9

Ground

15% every 5 years

$62,976,000

Citizens Bank

Bellevue

PA

$2,910,000

7.00%

4.7

NNN

2.5% annually

$57,497,000

Truist Bank

Lumberton

NJ

$1,800,000

7.00%

8.8

Ground

10% in May 2025

Closed

Citizens Bank

Pittsburgh

PA

$2,910,000

7.00%

4

NNN

2.5% every 5 years

$57,497,000

Citizens Bank

Turtle Creek

PA

$1,768,000

7.00%

4.1

NNN

2.5% annually

$72,795,000

Wells Fargo

Pittston

PA

$800,000

7.20%

8

NNN

Unknown

$144,114,000

Wells Fargo

Pottstown

PA

$800,000

7.20%

8

NNN

Unknown

$43,783,000

Truist Bank

Nottingham

MD

$3,100,000

7.34%

5.5

NNN

10% every 5 years

$55,751,000

Truist Bank

Fredericksburg

VA

$4,724,000

8.05%

6.2

Ground

15% every 5 years

Closed

Huntington Bank

Monaca

PA

Auction (starting @ $400,000)

N/A

5.6

Ground

10% every 5 years

$79,085,000

Citizens Bank

Philadelphia

PA

$650,000

Unknown

4.5

NNN

N/A

$52,934,000

Below is a list of some vacated bank properties that are currently for sale in Pennsylvania, New Jersey, and Delaware. This list of available Properties is intended for the use and benefit of Equity Retail Brokers current and prospective commercial real estate investment clients. The list is compiled for our clients to give them an understanding of current pricing of vacant bank properties in the region. The information has been gathered from a variety of sources. Some of these properties are listed by Equity Retail Brokers, while others are listed by other brokers or are being directly marketed by the owner. However they are listed, we at Equity Retail Brokers, either as a dual or a buyer's agent, can represent our client's interest in obtaining information and negotiating the purchase of any of the properties.

Address

City

State

Asking Price

Building Size (SF)

Acreage

132 Main St

Mocanaqua

PA

$80,000

1,963

0.49

409 E. Poland Ave

Bessemer

PA

$115,000

2,004

0.34

5 N. Main St

Shenandoah

PA

$125,000

6,277

0.20

109 N. Oak St

Mount Carmel

PA

$175,000

10,068

0.53

347 Main St

Simpson

PA

$175,000

2,350

0.87

4327 Quaker Valley Rd

Alum Bank

PA

$180,000

2,149

0.05

2102 Rice Ave

Lake City

PA

$195,000

3,096

0.58

304 Main St

Duryea

PA

$219,000

2,480

0.24

110 Main St W

Girard

PA

$225,000

7,803

0.18

200 E. Main St

West Newton

PA

$250,000

2,129

0.10

201 Philadelphia Ave

Egg Harbor City

NJ

$280,000

5,100

0.60

1226 State Route 94

Blairstown

NJ

$299,900

2,551

1.40

901 Wood St

Pittsburgh

PA

$300,000

10,160

0.28

1 Main St

East Prospect

PA

$310,000

3,493

0.60

24 S. Hunters Hwy

Drums

PA

$340,000

2,500

0.83

501 Wyoming Ave

West Pittston

PA

$359,000

5,156

0.31

255 S. Lehigh Ave

Frackville

PA

$375,000

3,579

0.34

320 N. Center Ave

New Stanton

PA

$379,000

1,980

0.57

26 E. Main St

North East

PA

$399,000

6,326

0.38

1 S. Center St

Corry

PA

$415,000

9,748

0.41

2501 Merchantville Ave

Pennsauken

NJ

$430,000

1,385

0.48

46 W. Main St

Fleetwood

PA

$440,000

4,672

0.12

1196 Walnut Bottom Rd

Carlisle

PA

$499,000

2,320

1.00

40 Scotch Rd

Trenton

NJ

$500,000

2,853

0.82

25 Carlisle St

Hanover

PA

$525,000

7,382

0.30

2196 Baltimore Pike

Oxford

PA

$540,000

2,622

2.06

5200 Butler St

Pittsburgh

PA

$550,000

2,763

0.03

30 Elm Ave

Woodbury Heights

NJ

$589,000

3,934

0.51

951 Trenton Rd

Fairless Hills

PA

$595,000

3,413

1.58

1 N. Main St

Masontown

PA

$595,000

3,430

0.50

235 N. Enola Rd

Enola

PA

$599,000

3,000

0.77

300 S. Chester Pike

Glenolden

PA

$600,000

2,755

0.33

742 Allegheny River Blvd

Verona

PA

$600,000

11,500

0.30

399 Bristol Pike

Croydon

PA

$650,000

3,218

0.70

809 Sunset Rd

Burlington

NJ

$675,000

3,813

2.12

50 W. Main St

Bloomsburg

PA

$700,000

9,098

0.255

308 Hurffville Cross Keys Rd

Sewell

NJ

$729,000

3,343

0.93

5 State Hwy 31 N

Pennington

NJ

$750,000

3,700

1.03

55 Main St

South River

NJ

$850,000

10,823

0.64

1 Fitzwatertown Rd

Willow Grove

PA

$850,000

1,860

0.38

93 Main Ave

Wallington

NJ

$865,000

2,869

0.20

403 Route 206

Hillsborough

NJ

$899,000

2,788

1.76

1 Spring Valley Ave

Hackensack

NJ

$949,000

1,539

0.19

824 Lansdowne Ave

Drexel Hill

PA

$950,000

2,931

0.32

105 Capitol Park Drive

Sarver

PA

$970,000

3,136

1.12

1002 Mantua Pike

Woodbury Heights

NJ

$1,000,000

2,519

0.60

528-536 N. Lewis Rd

Royersford

PA

$1,200,000

3,186

3.04

6302 Ventnor Ave

Ventnor City

NJ

$1,200,000

2,514

1.07

205 N. Washington Ave

Dunellen

NJ

$1,250,000

4,000

Unknown

505 Berlin Cross Keys Rd

Sicklerville

NJ

$1,250,000

4,560

1.26

2 W. Madison Ave

Dumont

NJ

$1,275,000

8,873

0.73

130 Wyoming Ave

Scranton

PA

$1,750,000

30,000

0.43

705 Milford Rd

East Stroudsburg

PA

$1,800,000

5,434

1.81

880 Schechter Drive

Wilkes-Barre

PA

$1,990,000

4,000

1.70

110 E. Butler St

Mercer

PA

Auction

800

0.34

2817 Street Rd

Bensalem

PA

Modified Bidding

2,894

0.45

3805 Neshaminy Blvd

Bensalem

PA

Unpriced

4,099

1.38

3301 Easton Ave

Bethlehem

PA

Unpriced

3,024

1.12

1506 Haddonfield-Berlin Rd

Cherry Hill

NJ

Unpriced

4,000

0.96

627 Haddon Ave

Collingswood

NJ

Unpriced

6,711

1.05

345 Locust St

Columbia

PA

Unpriced

3,172

0.48

1713 W. Main St

Ephrata

PA

Unpriced

2,952

0.64

146 South St

Freehold

NJ

Unpriced

5,000

0.74

345 E. 8th Ave

Homestead

PA

Unpriced

4,361

0.30

2016 Eden Park Blvd

McKeesport

PA

Unpriced

2,510

0.37

1 W. Main St

Mount Joy

PA

Unpriced

3,000

0.53

129 S. Black Horse Pike

Runnemede

NJ

Unpriced

3,600

1.26

902 Main St

Stillwater

NJ

Unpriced

1,626

0.84

4651 Route 42

Turnersville

NJ

Unpriced

11,300

2.10

4943 Landis Ave

Vineland

NJ

Unpriced

2,858

3.74

301 N. Park Rd

Wyomissing

PA

Unpriced

4,031

1.11

For more information about this transaction, contact:

David Laiter

610.645.7700 x150

dlaiter@equityretailbrokers.com

Visit our website to see a complete list of our properties currently available:

For a sample list of NNN bank properties for sale across the U.S., please call or email:

Edward Ginn

610.645.7700 x101

eginn@equityretailbrokers.com

If you would like to learn more about the real estate services we provide, please contact: 

Edward Ginn | President

610.645.7700 x101

eginn@equityretailbrokers.com

David Goodman | Principal

610.645.7700 x119

dgoodman@equityretailbrokers.com

Member: