December 2018 - January 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 12/28/2018
Close of Business 01/31/2019
% Change From 12/31/2018 to 01/31/2019
52-Wk High -As of Close of Business 01/31/2019
52-Wk Low -As of Close of Business 01/31/2019
Price/Book As of Close of Business 01/31/2019
Dow Jones Industrial Average
^DJI
  23,327.46
  24,999.67
7.17%
     26,951.81
     21,712.53
-
NASDAQ Composite
^IXIC
     6,635.28
     7,281.74
9.74%
       8,133.30
       6,190.17
-
S&P 500
^GSPC
     2,506.85
     2,704.10
7.87%
       2,940.91
       2,346.58
-
Financial Select Sector SPDR ETF
XLF
         23.82
         25.94
8.90%
             30.05
             22.05
-
1st Colonial Bancorp Inc.
FCOB
$12.30
$12.25
-0.41%
$13.00
$11.37
1.31
Banco Santander, S.A.
SAN
$4.48
$4.74
5.80%
$7.32
$4.21
0.69
Bank of America Corporation
BAC
$24.64
$28.47
15.54%
$33.05
$22.66
1.13
BB&T Corporation
BBT
$43.32
$48.80
12.65%
$56.31
$40.68
1.38
Beneficial Bancorp, Inc.
BNCL
$14.29
$15.59
9.10%
$18.60
$13.74
1.09
Bryn Mawr Bank Corp.
BMTC
$34.40
$36.99
7.53%
$50.35
$32.84
1.32
Citigroup Inc.
C
$52.06
$64.46
23.82%
$79.66
$48.42
0.86
DNB Financial Corp.
DNBF
$27.00
$36.78
36.22%
$38.30
$25.84
1.42
Fulton Financial Corporation
FULT
$15.48
$16.05
3.68%
$19.55
$14.38
1.22
Harleysville Savings Financial Corporation
HARL
$23.30
$24.50
5.15%
$25.99
$22.50
1.26
Investors Bancorp Inc.
ISBC
$10.40
$12.14
16.73%
$14.41
$9.94
1.11
JPMorgan Chase & Co.
JPM
$97.62
$103.50
6.02%
$119.33
$91.11
1.47
M&T Bank Corporation
MTB
$143.13
$164.54
14.96%
$197.37
$133.78
1.60
Malvern Bancorp, Inc.
MLVF
$19.73
$20.92
6.03%
$27.25
$18.03
1.22
OceanFirst Financial Corp.
OCFC
$22.51
$24.01
6.66%
$30.90
$21.30
1.10
Parke Bancorp Inc.
PKBK
$18.72
$19.62
4.81%
$24.80
$16.71
1.34
Prudential Bancorp, Inc.
PBIP
$17.60
$18.24
3.64%
$19.87
$13.92
1.24
QNB Corp.
QNBC
$38.50
$39.00
1.30%
$47.30
$36.15
1.30
Quaint Oak Bancorp Inc
QNTO
$11.82
$12.15
2.79%
$14.00
$11.82
0.96
Republic First Bancorp Inc.
FRBK
$5.97
$5.90
-1.17%
$9.30
$5.82
1.47
The Bancorp Inc.
TBBK
$7.96
$8.48
6.53%
$12.00
$7.64
1.17
The PNC Financial Services Group, Inc.
PNC
$116.91
$122.67
4.93%
$163.59
$108.45
1.17
The Royal Bank of Scotland Group plc
RBS
$5.59
$6.43
15.03%
$8.30
$4.98
0.61
The Toronto-Dominion Bank
TD
$49.72
$56.31
13.25%
$62.00
$47.73
1.85
Tompkins Financial Corporation
TMP
$75.01
$73.54
-1.96%
$91.99
$69.02
1.81
Univest Corporation of Pennsylvania
UVSP
$21.57
$23.49
8.90%
$30.15
$20.18
1.10
Wells Fargo & Company
WFC
$46.08
$48.91
6.14%
$65.53
$43.02
1.28
WSFS Financial Corp.
WSFS
$37.91
$42.17
11.24%
$57.70
$33.75
1.61
Financial Articles (By Company)
Date Posted
Reference/Company
Article
Source
1/30/19
Bank of America
Yahoo Finance
1/7/19
Bank of America
New York Business Journal
1/16/19
Citigroup
Yahoo Finance
1/21/19
Citizens Bank
Philly.com
1/2/19
Citizens Bank
Philadelphia Business Journal
1/23/19
DNB Financial Corp.
Philly.com
1/3/19
Fulton Bank
Philadelphia Business Journal
1/9/19
Fulton Financial Corp.
Philadelphia Business Journal
1/29/19
JPMorgan Chase & Co.
Philly.com
1/18/19
JPMorgan Chase & Co.
CNBC
1/24/19
JPMorgan Chase & Co.
/ Citizens Bank
Philly.com
1/24/19
Metro Bank Plc
Philly.com
1/25/19
PNC Financial Services Group
Pittsburgh Business Times
1/22/19
PNC Financial Services Group
Charlotte Business Journal
1/15/19
PNC Financial Services Group
Philadelphia Business Journal
1/10/19
Republic Bank
Philadelphia Business Journal
1/16/19
Univest Financial Corp.
Philly.com
1/28/19
Wells Fargo
Philadelphia Business Journal
1/15/19
Wells Fargo / JPMorgan Chase & Co. / Citigroup
Market Watch
Financial Articles (General)
Date Posted
Reference/Company
Article
Source
1/25/19
General
Yahoo Finance
1/15/19
General
Philly.com
1/11/19
General
Philadelphia Business Journal
1/9/19
General
Philadelphia Business Journal
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
2.38
2.45
2.32
2.01
1.46
6 Month Treasury
2.45
2.55
2.49
2.17
1.61
1 Year Treasury
2.54
2.62
2.65
2.40
1.84
2-Year
2.46
2.49
2.86
2.66
2.15
5-Year
2.44
2.51
2.99
2.84
2.54
10-Year
2.63
2.68
3.16
2.96
2.74
30-Year
3.00
3.01
3.41
3.08
2.96
 
Key Rates
Current
1 Month Prior
3 Month Prior
6 Month Prior
1 Year Prior
Fed Funds Rate
2.18
2.16
2.18
1.90
1.32
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
1.66
1.74
1.97
1.47
1.41
2-Year
1.68
1.80
2.08
1.62
1.56
5-Year
1.79
1.96
2.37
1.97
1.84
10-Year
2.19
2.32
2.76
2.49
2.38
30-Year
3.10
3.09
3.44
3.06
2.96
 
Libor
Current
1 Month Prior
3 Month Prior
6 Month Prior
1 Year Prior
1-Month Libor
2.50
2.50
2.30
2.07
1.57
3-Month Libor
2.74
2.81
2.54
2.33
1.77
6-Month Libor
2.82
2.88
2.80
2.52
1.97
1-Year Libor
3.02
3.05
3.07
2.82
2.26
 
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
Wells Fargo
Hampton
VA
$3,570,570
5.00%
8
NNN
15% every 5 years
$152,245,000
TD Bank
West Chester
PA
$2,260,000
5.00%
3
NNN
N/A
$136,247,000
SunTrust
Purcellville
VA
$7,475,000
5.15%
13
Ground
10% every 5 years
New Branch
Amboy Bank
Aberdeen
NJ
$2,238,095
5.25%
10
NNN
2% annually
$39,166,000
PNC Bank
Bowie
MD
$4,282,380
5.25%
9
Ground
N/A
$52,998,000
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
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
SunTrust
Bladensburg
MD
$2,785,296
6.25%
10
NNN
1.5% annually
$22,665,000
SunTrust
Manassas
VA
$7,744,000
6.25%
11
Ground
10% every 5 years
$35,921,000
Citizens Bank
Marlton
NJ
$1,722,882
6.25%
3.6
NNN
1% annually
$65,558,000
SunTrust
Sudley Springs
VA
$7,744,000
6.25%
9.5
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
Citizens Bank
Munhall
PA
$445,000
7.25%
3.5
NNN
1% annually
$0
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%
3.5
NNN
1% annually
$44,563,000
Citizens Bank
Shippensburg
PA
$609,434
8.00%
3.6
NNN
1% annually
$40,417,000
Citizens Bank
West Grove
PA
$962,265
8.00%
4
NNN
1% annually
$57,552,000
Citizens Bank
Grove City
PA
$416,590
10.75%
3.4
NNN
1% annually
$0
Bank of America
Baltimore
MD
Auction (Starting bid - $600,000)
N/A
5
NNN
N/A
$88,707,000
TD Bank
Forked River
NJ
$6,700,000
Unknown
5.5
Ground
12% every
5 years
$187,000,000
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:



This email message and any attachments to it contain information from Equity Retail Brokers, Inc. which is confidential and privileged. Some information may have been obtained from sources considered to be reliable, but Equity Retail Brokers, Inc. makes no representations and warranties, expressed or implied, as to the accuracy of the information. Subject to errors, omissions, or withdrawal without notice. The information is intended for the use of the addressee(s). If you are not the intended recipient, be aware that any disclosure, copying, distribution, or use of the contents of this information is prohibited. If you have received this email message in error, please notify us by return email or telephone immediately and destroy all copies of this message and any attachments.  Equity Retail Brokers is licensed in PA, NJ, & DE.