January 2019 - February 2019
Our services include:

- Real estate site selection for financial institutions

- Disposition of vacant branches and underperforming assets

- Sale-leaseback of bank-owned real estate

- Purchase or sale of real estate for family trusts

- Sale of income-producing properties 

Compiled for your information by:
 
Edward Ginn, 484.417.2201,  eginn@equityretailbrokers.com 
David Goodman, 484.417.2219,  dgoodman@equityretailbrokers.com
David Laiter, 484.482.2550,  dlaiter@equityretailbrokers.com
Stock Summary (Alphabetical)
 
Company
Symbol
Close of Business 12/31/2018
Close of Business 02/28/2019
% Change From 12/31/2018 to 02/28/2019
52-Wk High -As of Close of Business 02/28/2019
52-Wk Low -As of Close of Business 02/28/2019
Price/Book As of Close of Business 02/28/2019
Dow Jones Industrial Average
^DJI
23,327.46
25,916.00
11.10%
26,951.81
21,712.53
-
NASDAQ Composite
^IXIC
6,635.28
7,532.53
13.52%
8,133.30
6,190.17
-
S&P 500
^GSPC
2,506.85
2,784.49
11.08%
2,940.91
2,346.58
-
Financial Select Sector SPDR ETF
XLF
23.82
26.52
11.34%
29.81
22.05
-
1st Colonial Bancorp Inc.
FCOB
$12.30
$12.31
0.08%
$13.00
$11.37
1.24
Banco Santander, S.A.
SAN
$4.48
$4.86
8.48%
$6.89
$4.21
0.71
Bank of America Corporation
BAC
$24.64
$29.08
18.02%
$33.05
$22.66
1.16
BB&T Corporation
BBT
$43.32
$50.97
17.66%
$56.31
$40.68
1.44
Beneficial Bancorp, Inc.
BNCL
$14.29
$16.12
12.81%
$18.60
$13.74
1.09
Bryn Mawr Bank Corp.
BMTC
$34.40
$40.76
18.49%
$50.35
$32.84
1.46
Citigroup Inc.
C
$52.06
$63.98
22.90%
$76.53
$48.42
0.85
DNB Financial Corp.
DNBF
$27.00
$39.00
44.44%
$42.00
$25.84
1.51
Fulton Financial Corporation
FULT
$15.48
$17.18
10.98%
$19.55
$14.38
1.30
Harleysville Savings Financial Corporation
HARL
$23.30
$24.45
4.94%
$27.00
$22.50
1.25
Investors Bancorp Inc.
ISBC
$10.40
$12.57
20.87%
$14.41
$9.94
1.15
JPMorgan Chase & Co.
JPM
$97.62
$104.36
6.90%
$119.24
$91.11
1.48
M&T Bank Corporation
MTB
$143.13
$173.06
20.91%
$197.35
$133.78
1.68
Malvern Bancorp, Inc.
MLVF
$19.73
$20.76
5.22%
$27.25
$18.03
1.17
OceanFirst Financial Corp.
OCFC
$22.51
$25.20
11.95%
$30.90
$21.30
1.16
Parke Bancorp Inc.
PKBK
$18.72
$22.19
18.54%
$24.80
$16.71
1.51
Prudential Bancorp, Inc.
PBIP
$17.60
$18.17
3.24%
$19.87
$13.92
1.24
QNB Corp.
QNBC
$38.50
$37.99
-1.32%
$47.30
$36.15
1.26
Quaint Oak Bancorp Inc
QNTO
$11.82
$12.40
4.91%
$14.00
$11.82
1.01
Republic First Bancorp Inc.
FRBK
$5.97
$6.40
7.20%
$9.30
$5.82
1.53
The Bancorp Inc.
TBBK
$7.96
$9.07
13.94%
$12.00
$7.64
1.26
The PNC Financial Services Group, Inc.
PNC
$116.91
$126.02
7.79%
$163.00
$108.45
1.21
The Royal Bank of Scotland Group plc
RBS
$5.59
$7.11
27.19%
$8.14
$4.98
0.68
The Toronto-Dominion Bank
TD
$49.72
$57.38
15.41%
$62.00
$47.73
1.88
Tompkins Financial Corporation
TMP
$75.01
$80.41
7.20%
$91.99
$69.02
1.98
Univest Corporation of Pennsylvania
UVSP
$21.57
$26.51
22.90%
$30.15
$20.18
1.24
Wells Fargo & Company
WFC
$46.08
$49.89
8.27%
$59.53
$43.02
1.31
WSFS Financial Corp.
WSFS
$37.91
$43.28
14.17%
$57.70
$33.75
1.65
Financial Articles (By Company)
Date Posted
Reference/Company
Article
Source
2/25/19
Bank of America
Charlotte Business Journal
2/6/19
Bank of America
Charlotte Business Journal
2/8/19
BB&T / SunTrust Bank
Yahoo Finance
2/7/19
BB&T / SunTrust Bank
CNBC
2/20/19
Benchmark Federal Credit Union
Philadelphia Business Journal
2/13/19
Bryn Mawr Trust
Philadelphia Business Journal
2/8/19
Bryn Mawr Trust Co.
Philadelphia Business Journal
2/19/19
Citigroup
Zero Hedge
2/13/19
Investors Bank
GlobeSt.com
2/26/19
JPMorgan Chase & Co.
CNBC
2/14/19
JPMorgan Chase & Co.
Yahoo Finance
2/13/19
JPMorgan Chase & Co.
Philadelphia Business Journal
2/21/19
M&T Bank
Buffalo Business First
2/1/19
OceanFirst Financial Corp. / Capital Bank of New Jersey
NJ Biz
2/1/19
PNC Bank
Pittsburgh Business Times
2/25/19
PNC Financial Services Group / Citizens Financial Group
Philadelphia Business Journal
2/19/19
Republic First Bancorp 
Philadelphia Business Journal
2/5/19
TD Bank
Philadelphia Business Journal
2/4/19
The Bank of Princeton
Philadelphia Business Journal
2/1/19
Wells Fargo
Charlotte Business Journal
2/28/19
Wilmington Trust Corp.
Philadelphia Business Journal
Financial Articles (General)
Date Posted
Reference/Company
Article
Source
2/21/19
General
Yahoo Finance
2/21/19
General
Philly.com
2/7/19
General
CNBC
Interest Rate Summary
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
2.43
2.38
2.34
2.09
1.64
6 Month Treasury
2.50
2.45
2.52
2.26
1.84
1 Year Treasury
2.54
2.54
2.68
2.45
2.05
2-Year
2.53
2.46
2.79
2.63
2.26
5-Year
2.54
2.44
2.81
2.74
2.65
10-Year
2.74
2.63
2.99
2.86
2.87
30-Year
3.10
3.00
3.29
3.02
3.14
 
Key Rates
Current
1 Month Prior
3 Month Prior
6 Month Prior
1 Year Prior
Fed Funds Rate
2.40
2.40
2.18
1.92
1.41
Federal Reserve Target
2.50
2.50
2.25
2.00
1.50
Prime Rate
5.50
5.50
5.25
5.00
4.50
 
Muni Bonds - Yields
Current
1 Month Prior
3 Month Prior
6 Month Prior
1 Year Prior
1-Year
1.59
1.66
1.87
1.60
1.38
2-Year
1.61
1.68
1.98
1.71
1.57
5-Year
1.71
1.79
2.16
2.03
1.99
10-Year
2.14
2.19
2.55
2.47
2.49
30-Year
3.06
3.10
3.27
3.08
3.10
 
Libor
Current
1 Month Prior
3 Month Prior
6 Month Prior
1 Year Prior
1-Month Libor
2.49
2.50
2.35
2.07
1.66
3-Month Libor
2.63
2.74
2.71
2.31
2.01
6-Month Libor
2.69
2.82
2.88
2.53
2.21
1-Year Libor
2.88
3.02
3.13
2.83
2.48
 
Banks for Sale
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
2018 Deposits
Investors Bank
Avenel
NJ
$3,100,000
4.00%
10
Ground
N/A
$70,791,000
Bank of America
Parsippany
NJ
$8,125,000
4.00%
12
NNN
12% every 5 years
$76,595,000
TD Bank
Great Falls
VA
$9,059,000
4.25%
17.3
Ground
10% every 5 years
$25,629,000
Chase Bank
Middletown
NJ
$4,000,000
4.25%
20
Ground
10% every 5 years
New Branch
TD Bank
Alexandria
VA
$5,914,000
4.65%
18
Ground
Every 5 years
$5,991,000
Wells Fargo
Philadelphia
PA
$7,484,000
4.85%
10
Ground
10% every 5 years
$148,758,000
Wells Fargo
Blackwood
NJ
$7,600,520
5.00%
9
Ground
13.5% every 5 years
$78,107,000
SunTrust
Fredericksburg
VA
$2,904,000
5.00%
Unknown
Ground
10% in March, 2023
$88,915,000
SunTrust
Virgina Beach
VA
$3,140,000
5.00%
9.6
NNN
10% in year 6
$72,336,000
TD Bank
West Chester
PA
$2,260,000
5.00%
3
NNN
N/A
$136,247,000
Amboy Bank
Aberdeen
NJ
$2,238,095
5.25%
10
NNN
2% annually
$39,166,000
BB&T Bank
Lumberton
NJ
$1,900,000
5.30%
11.5
Ground
10% every 5 years
$0
Citizens Bank
Glen Mills
PA
$5,410,220
5.50%
11.9
NNN
15% every 5 years
$80,510,000
SunTrust
Cockeysville
MD
$3,493,549
5.70%
11
NNN
1.5% annually
$67,434,000
Bank of America
Virgina Beach
VA
$1,751,315
5.70%
5.3
Ground
N/A
$44,282,000
SunTrust
Manakin-Sabot
VA
$3,065,000
5.75%
Unknown
NNN
3% annually
$49,709,000
TD Bank
Forked River
NJ
$6,700,000
5.77%
5.5
Ground
12% every 5 years
$187,000,000
Bank of America
Wayne
PA
$6,400,000
5.97%
7.8
NNN
Every 5 years
$48,966,000
TD Bank
Clinton
MD
$6,453,333
6.00%
8
Ground
10% every 5 years
$48,441,000
S&T Bank
Harrisburg
PA
$2,341,000
6.00%
10
NNN
12.5% every 5 years
$51,616,000
BB&T Bank
Fredericksburg
VA
$5,290,000
6.25%
9.2
Ground
15% every 5 years
$34,144,000
Citizens Bank
Marlton
NJ
$1,722,882
6.25%
3.6
NNN
1% annually
$65,558,000
SunTrust
Manassas
VA
$7,622,050
6.35%
9
Ground
10% every 5 years
$35,921,000
SunTrust
Sudley Springs
VA
$7,622,050
6.35%
9.3
Ground
10% every 5 years
$35,921,000
PNC Bank
Easton
PA
$1,230,770
6.50%
5
NN
N/A
$41,577,000
PNC Bank
Fairfax
VA
$8,684,300
6.50%
9
NNN
12% every 5 years
$44,818,000
SunTrust
South Boston
VA
$1,832,492
6.50%
10
NNN
1.5% annually
$60,028,000
PNC Bank
Woodbridge
VA
$7,837,037
6.75%
10
Ground
15% every 5 years
$29,739,000
PNC Bank
York
PA
$1,037,037
6.75%
5
Ground
21.4% in year 17
$25,026,000
Wells Fargo
Reisterstown
MD
$5,868,000
6.76%
11
Ground
15% every 5 years
$126,075,000
BB&T Bank
Quakertown
PA
$2,593,000
7.00%
4
Ground
N/A
$36,770,000
BB&T Bank
Lancaster
PA
$1,608,827
7.25%
3
NNN
1.5% annually
$40,857,000
Citizens Bank
Munhall
PA
$445,000
7.25%
3.3
NNN
1% annually
$0
M&T Bank
Woodbridge
VA
$2,620,690
7.25%
3.6
NNN
10% every 5 years
$17,162,000
Citizens Bank
Philadelphia
PA
$1,300,000
7.51%
5
NNN
N/A
$41,500,000
Citizens Bank
Grove City
PA
$922,254
7.75%
3.3
NNN
1% annually
$44,563,000
Citizens Bank
Shippensburg
PA
$609,434
8.00%
3.3
NNN
1% annually
$40,417,000
Citizens Bank
West Grove
PA
$962,265
8.00%
4
NNN
1% annually
$57,552,000
Citizens Bank
Carlisle
PA
$825,000
8.02%
3.3
NNN
1% annually
$33,538,000
Citizens Bank
Grove City
PA
$416,590
10.75%
3.3
NNN
1% annually
$0
Bank of America
Baltimore
MD
Auction (Starting bid - $600,000)
N/A
5
NNN
N/A
$88,707,000
SunTrust
Martinsville
VA
Unpriced
Unknown
8.1
Ground
10% every 5 years
$18,915,000
Equity Retail Brokers Property Listings
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 
If you would like to learn more about the real estate services we provide, please contact:
 
Edward Ginn | President
Direct: 484.417.2201
Main:  610.645.7700

David Goodman | Principal 
Direct: 484.417.2219 
Main:  610.645.7700 
   
Member:



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