Prudential Bancorp, Inc. (PBIP) News
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Latest PBIP News From Around the Web
Below are the latest news stories about PRUDENTIAL BANCORP INC that investors may wish to consider to help them evaluate PBIP as an investment opportunity.
Strategic acquisitions on the back of robust balance sheet, rise in loan demand and digitization of operations aid F.N.B. Corp (FNB) despite rising expenses and relatively lower rates.
PRUDENTIAL BANCORP ALERT: Bragar Eagel & Squire, P.C. Investigates Merger of PBIP and Encourages Investors to Contact the Firm
NEW YORK, March 08, 2022 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the officers or directors of Prudential Bancorp, Inc. (NASDAQ: PBIP) breached their fiduciary duties or violated the federal securities laws in connection with the company’s acquisition by Fulton Financial Corporation (NASDAQ: FULT).
Fulton Financial (FULT) signs a $142.1-million merger deal with Prudential under which the latter will merge with and into the former. The deal closure is expected in third-quarter 2022.
U.S. stocks extended gains midway through trading, with the Nasdaq index jumping 150 points on Wednesday. The Dow traded up 1.71% to 33,865.43 while the NASDAQ rose 1.11% to 13,682.58. The S&P also rose, gaining, 1.56% to 4,377.68. Check out this: Insiders Buy Around $98M Of 3 Stocks Leading and Lagging Sectors Financials shares climbed by 2.7% on Wednesday. Meanwhile, top gainers in the sector included Prudential Bancorp, Inc. (NASDAQ: PBIP ), up 18% and Qudian Inc. (NYSE: QD ) up 10%. In trading on Wednesday, communication services shares rose by just 0.6%. Top Headline US crude oil inventories dropped by 2.597 million barrels in the week ended February 25th, versus a 4.515 million increase in the prior period, the Energy Information Administration said. However, analysts were expecti...
Fulton Financial (FULT) and Prudential Bancorp (PBIP) entered into a definitive Agreement and Plan of Merger wherein the latter will merge with and into Fulton in a stock and…
The deal for the 136-year-old South Philadelphia bank enhances Fulton's presence in what it terms the “highly attractive and strategically important” Philadelphia market.
Fulton Financial Corporation and Prudential Bancorp, Inc. Announce Merger, Strengthening Fulton’s Presence in Philadelphia
LANCASTER, Pa. & PHILADELPHIA, March 02, 2022--Fulton Financial Corporation (NASDAQ: FULT) ("Fulton") and Prudential Bancorp, Inc. (NASDAQ: PBIP) ("Prudential") announced today that they have entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") under which Prudential will merge with and into Fulton in a stock and cash transaction.
PHILADELPHIA, Feb. 16, 2022 (GLOBE NEWSWIRE) -- Prudential Bancorp, Inc. (the “Company”) (Nasdaq: PBIP) announced that its Board of Directors, at a meeting held today, declared a quarterly cash dividend of $0.07 per share on the common stock of the Company, payable on March 21, 2022, to the shareholders of record at the close of business on March 7, 2022.
Prudential Bancorp press release (NASDAQ:PBIP): FQ1 GAAP EPS of $0.24 beats by $0.02.Revenue of $6.3M (+1.3% Y/Y) misses by $0.47M.
Prudential Bancorp (PBIP) delivered earnings and revenue surprises of 9.09% and 6.96%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?