April 2019 - May 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 05/31/2019
% Change From 12/31/2018 to 05/31/2019
52-Wk High -As of Close of Business 05/31/2019
52-Wk Low -As of Close of Business 05/31/2019
Price/Book As of Close of Business 05/31/2019
Dow Jones Industrial Average
^DJI
     23,327.46
     24,815.04
6.38%
     26,951.81
     21,712.53
-
NASDAQ Composite
^IXIC
       6,635.28
       7,453.15
12.33%
       8,176.08
       6,190.17
-
S&P 500
^GSPC
       2,506.85
       2,752.06
9.78%
       2,954.13
       2,346.58
-
Financial Select Sector SPDR ETF
XLF
            23.82
           26.01
9.19%
            29.07
            22.05
-
1st Colonial Bancorp Inc.
FCOB
12.3
10.8
-12.20%
$13.00
$10.80
1.13
Banco Santander, S.A.
SAN
$4.48
$4.33
-3.35%
$5.74
$4.21
0.63
Bank of America Corporation
BAC
$24.64
$26.60
7.95%
$31.91
$22.66
1.04
BB&T Corporation
BBT
$43.32
$46.75
7.92%
$54.96
$40.68
1.29
Bryn Mawr Bank Corp.
BMTC
$34.40
$36.56
6.28%
$50.35
$32.84
1.28
Citigroup Inc.
C
$52.06
$62.15
19.38%
$75.24
$48.42
0.81
DNB Financial Corp.
DNBF
$27.00
$42.38
56.96%
$46.86
$25.84
1.59
Fulton Financial Corporation
FULT
$15.48
$15.76
1.81%
$18.45
$14.38
1.16
Harleysville Savings Financial Corporation
HARL
$23.30
$24.25
4.08%
$27.00
$22.50
1.23
Investors Bancorp Inc.
ISBC
$10.40
$10.41
0.10%
$13.75
$9.94
0.95
JPMorgan Chase & Co.
JPM
$97.62
$105.96
8.54%
$119.24
$91.11
1.48
M&T Bank Corporation
MTB
$143.13
$159.60
11.51%
$180.77
$133.78
1.52
Malvern Bancorp, Inc.
MLVF
$19.73
$19.90
0.86%
$27.25
$18.03
1.11
OceanFirst Financial Corp.
OCFC
$22.51
$23.82
5.82%
$30.90
$21.30
1.07
Parke Bancorp Inc.
PKBK
$18.72
$20.30
8.44%
$24.80
$16.71
1.37
Prudential Bancorp, Inc.
PBIP
$17.60
$17.34
-1.48%
$19.87
$13.92
1.16
QNB Corp.
QNBC
$38.50
$37.35
-2.99%
$47.30
$36.15
1.18
Quaint Oak Bancorp Inc
QNTO
$11.82
$12.75
7.87%
$14.00
$11.82
1.02
Republic First Bancorp Inc.
FRBK
$5.97
$4.84
-18.93%
$8.95
$4.76
1.15
The Bancorp Inc.
TBBK
$7.96
$8.90
11.81%
$11.73
$7.64
1.16
The PNC Financial Services Group, Inc.
PNC
$116.91
$127.26
8.85%
$149.49
$108.45
1.29
The Royal Bank of Scotland Group plc
RBS
$5.59
$5.47
-2.15%
$7.57
$4.98
0.52
The Toronto-Dominion Bank
TD
$49.72
$54.65
9.92%
$62.00
$47.73
1.79
Tompkins Financial Corporation
TMP
$75.01
$79.03
5.36%
$91.99
$69.02
1.86
Univest Corporation of Pennsylvania
UVSP
$21.57
$23.88
10.71%
$29.05
$20.18
1.1
Wells Fargo & Company
WFC
$46.08
$44.37
-3.71%
$59.53
$43.02
1.14
WSFS Financial Corp.
WSFS
$37.91
$39.69
4.70%
$57.70
$33.75
1.18
Debt Credit Ratings
Long-term Debt Credit Ratings
Bank
S&P
Moody's
Bank of America
A+
A2
BB&T
A-
A2
BMO Harris Bank
A+
Baa1
CapitalOne Bank
BBB+
Baa1
Citi Bank
A+
Aa3
Citizens Bank
A-
Baa1
Chase Bank
A+
Aa2
Fulton Financial
-----
Baa1
Investors Bank
BBB-
-----
KeyBank
A-
A3
M&T Bank
A-
A3
PNC Bank
A
A2
Santander Bank
A-
A2
SunTrust
A-
Baa1
TD Bank
AA-
Aa1
Wells Fargo
A+
Aa2
Financial Articles (By Company)
Date Posted
Reference/Company
Article
Source
5/15/19
Bank of America
Philadelphia Business Journal
5/7/19
Citigroup
Yahoo Finance
5/7/19
DNB Financial Corp.
Philadelphia Business Journal
5/23/19
Fulton Financial Corp.
Philadelphia Business Journal
5/30/19
Goldman Sachs
Philly.com
5/21/19
JPMorgan Chase & Co.
Philadelphia Business Journal
5/14/19
JPMorgan Chase & Co.
Philadelphia Business Journal
5/31/19
Linkbancorp
Philadelphia Business Journal
5/3/19
Malvern Bancorp
Philadelphia Business Journal
5/29/19
Meridian Bank
Philadelphia Business Journal
5/17/19
Meridian Bank
Philadelphia Business Journal
5/30/19
Noah Bank
Philadelphia Business Journal
5/28/19
OceanFirst Bank
Philly.com
5/16/19
PA/NJ Credit Union Association
Philadelphia Business Journal
5/7/19
PNC Financial Services Group, Inc.
Pittsburgh Business Times
5/16/19
Republic First Bancorp
Philadelphia Business Journal
5/8/19
Republic First Bancorp
Philadelphia Business Journal
5/20/19
Univest Bank and Trust Co.
Philadelphia Business Journal
5/15/19
Wells Fargo
Yahoo Finance
5/10/19
Wells Fargo
Yahoo Finance
5/8/19
Wells Fargo
Yahoo Finance
5/6/19
Wells Fargo
Investopedia
5/9/19
WSFS
Philadelphia Business Journal
5/7/19
WSFS
Philadelphia Business Journal
5/20/19
WSFS / The Bank of Princeton
Philadelphia Business Journal
Financial Articles (General)
Date Posted
Reference/Company
Article
Source
5/23/19
General
Philadelphia Business Journal
5/20/19
General
Philly.com
5/13/19
General
Philadelphia Business Journal
5/9/19
General
Philly.com
5/4/19
General
Yahoo Finance
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
2.34
2.41
2.43
2.34
1.89
6 Month Treasury
2.34
2.44
2.50
2.52
2.08
1 Year Treasury
2.20
2.37
2.54
2.68
2.22
2-Year
1.92
2.27
2.53
2.79
2.43
5-Year
1.91
2.28
2.54
2.81
2.70
10-Year
2.38
2.50
2.74
2.99
2.86
30-Year
2.57
2.93
3.10
3.29
3.02
 
Key Rates
Current
1 Month Prior
3 Month Prior
6 Month Prior
1 Year Prior
Fed Funds Rate
2.39
2.45
2.40
2.18
1.69
Federal Reserve Target
2.50
2.50
2.50
2.25
1.75
Prime Rate
5.50
5.50
5.50
5.25
4.75
 
Muni Bonds - Yields
Current
1 Month Prior
3 Month Prior
6 Month Prior
1 Year Prior
1-Year
1.40
1.55
1.59
1.87
1.66
2-Year
1.41
1.58
1.61
1.98
1.78
5-Year
1.44
1.65
1.71
2.16
2.02
10-Year
1.66
1.89
2.14
2.55
2.43
30-Year
2.40
2.65
3.06
3.27
2.94
 
Libor
Current
1 Month Prior
3 Month Prior
6 Month Prior
1 Year Prior
1-Month Libor
2.43
2.48
2.49
2.35
1.98
3-Month Libor
2.52
2.58
2.63
2.71
2.31
6-Month Libor
2.54
2.62
2.69
2.88
2.47
1-Year Libor
2.60
2.72
2.88
3.13
2.71
 
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

Wells Fargo

Philadelphia

PA

$7,484,000

4.85%

10

Ground

10% every 5 years

$148,758,000

Wells Fargo

Bayville

NJ

$4,945,000

5.00%

10

Ground

10% every 5 years

$120,319,000

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%

9

Ground

10% in March, 2023

$88,915,000

Amboy Bank

Aberdeen

NJ

$2,238,095

5.25%

10

NNN

2% annually

$39,166,000

Bank of America

Colonial Heights

VA

$1,708,473

5.25%

1.1

Ground

N/A

$159,985,000

SunTrust

Virgina Beach

VA

$2,990,476

5.25%

9.4

NNN

10% in year 6

$72,336,000

BB&T Bank

Lumberton

NJ

$1,900,000

5.26%

11.5

Ground

10% every 5 years

$0

PNC Bank

Baltimore

MD

$2,445,000

5.40%

Unknown

NNN

Unknown

$25,082,000

Embassy Bank

Bethlehem

PA

$3,485,382

5.50%

5.5

NNN

1.5% annually

$96,853,000

SunTrust

Cockeysville

MD

$3,493,549

5.70%

11

NNN

1.5% annually

$67,434,000

OceanFirst Bank

Vineland

NJ

$9,991,776

5.70%

6.4

NN

12.5% every 5 years

$121,087,000

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

PNC Bank

Pittsburgh

PA

$2,575,000

5.87%

9

Ground

10% every 5 years

$136,419,000

BB&T Bank

Mullica Hill

NJ

$4,000,000

5.95%

10

NNN

2% annually

$55,775,000

KeyBank

Devon

PA

$1,979,538

6.00%

7

NNN

Unknown

$14,773,000

TD Bank

Forked River

NJ

$6,439,200

6.00%

4.9

Ground

12% every 5 years

$187,000,000

KeyBank

Frazer

PA

$1,612,957

6.00%

6.7

NNN

Unknown

$38,895,000

M&T Bank

Gaithersburg

MD

$4,918,000

6.10%

7.8

Ground

8.3% on Jan. 1, 2022

$81,201,000

BB&T Bank

Fredericksburg

VA

$5,290,000

6.25%

9.2

Ground

15% every 5 years

$34,144,000

SunTrust

Sudley Springs

VA

$7,622,050

6.35%

9.3

Ground

10% every 5 years

$35,921,000

TD Bank

Clinton

MD

$5,956,923

6.50%

8

Ground

10% every 5 years

$48,441,000

PNC Bank

Easton

PA

$1,230,770

6.50%

5

NN

N/A

$41,577,000

S&T Bank

Harrisburg

PA

$2,161,300

6.50%

10

NNN

12.5% every 5 years

$51,616,000

SunTrust

Manassas

VA

$7,446,154

6.50%

9.2

Ground

10% every 5 years

$35,921,000

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

Fulton Bank

Manassas

VA

$3,460,583

6.77%

8.6

NNN

3% annually

$28,545,000

PNC Bank

Fairfax

VA

$8,064,000

7.00%

9.3

NNN

12% every 5 years

$44,818,000

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%

3.3

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

BB&T Bank

Lancaster

PA

$1,505,000

7.75%

3

NNN

1.5% annually

$40,857,000

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%

3.3

NNN

1% annually

$0

Vacant Banks: Before & After

Address: 4654 N. 5 th St, Philadelphia, PA 19140
Estimated Building Size: +/- 3,950
Previous Tenant: Wells Fargo
Branch Closed: 2/5/2016
New Tenant: Pharmacies of America
Open Date: 8/28/2016
For more information about this transaction, contact:
David Laiter
610.645.7700 x150
dlaiter@equityretailbrokers.com

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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