Treasury Capital Purchase Program
The Treasury Capital Purchase Program is a program initiated by the U.S Treasury in October 2008 to purchase up to $250 billion of senior preferred shares on a voluntary basis in U.S. financial institutions, as part of its efforts to provide a firmer capital foundation for financial firms and to increase credit availability to consumers and businesses.
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State Street (STT) Prices $500M Offering of 4.30% Senior Notes
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Allstate (ALL) Declares $0.20/Sh Qtr Dividend, Will Not Participate in TARP
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State Street (STT) Prices 51.3M Shares at $39, Plans to Repay TARP
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State Street (STT) To Offer Common Stock, Repay TARP
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Principal Financial (PFG) Confirms Preliminary Approval for TARP Funds
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Ameriprise Financial (AMP) Said Although Approved It Has Declined TARP Funding
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Prudential Financial (PRU) Confirms It Has Received Approval For TARP Funds
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Allstate (ALL) Receives Preliminary Approval to Receive TARP Funds; Will Conduct 'Prudent Review' of Participation
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Wells Fargo (WFC) to Make $312.5M Dividend Payment to U.S. Treasury
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Geithner's Speech Before Independent Community Bankers of America
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BB&T (BBT) Prices 75M Shares at $20, 11% Discount
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Bank of New York Mellon (BK) Announces $1 Billion Common Share Offering
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Capital One (COF) Prices 56M "TARP-Payback" Offering at $27.75, 11.5% Discount
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Capital One (COF) To Offer 56M Shares So It Can Repay TARP
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BB&T Corp (BBT) Announced $1.5B In Common Stock Offering, Plans To Repay TARP; Cuts Dividend
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Goldman Sachs (GS) No Need Further Capital, Confident It Can Repay TARP Soon
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Statement On Stress Tests: Banks Have Until June 8 to Develop a Detailed Capital Plan and Until Nov 9 to Implement
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Texas Capital Bancshares (TCBI) Prices 4M Shares at $13.75/Share for Proceeds of ~$55M
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Northwest Bancorp (NWSB) Rejects CPP Funds
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Monroe Bancorp (MROE) Slashes Dividend to $0.01 Per Share
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Independent Bank Corp. (INDB) Announces Imminent Repayment of Entire $78 Million Investment Received Under TARP
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Old National Bancorp (ONB) Provides Notice to Repay TARP
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Morning Movers 4/20: JAVA, PAS, ABTL, PBG, NVGN Higher; DSCO, DISK, VSNT, NTLS, MMR Lower
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TCF Financial (TCB) to Pay Back $361.2M of TARP Preferred Stock; Cuts Qtr. Dividend from $0.25 to $0.05/Share
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Shore Bancshares (SHBI) Completes Repurchase of Preferred Stock Under TARP
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Treasury Survey Shows Mortgage Lending Continued to Grow Among Top 21 Banks Receiving Government Funds
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After-Hours Movers 4/13: DBRN, FSS, C, MET, GM Higher; TLB, SXL, AKR, GS, RFMI Lower
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MetLife (MET) Elects Not to Participate in Treasury's Capital Purchase Program
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MetLife (MET) will not participate in U.S. Department of the Treasury's Capital Purchase Program
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Unusual 11 Mid-Day Movers 4/13: CAEI, FEED, GCI, BGP Higher; GNW, SPW, WFR, GM Lower
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Deutsche Bank Downgrades Genworth Financial (GNW) to Hold
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Morning Movers 4/13: RRR, DNDN, INFS, MGM, WLP Higher; GNW, GM, SPW, WFR, TUES Lower
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First Niagara Financial Group (FNFG) Announces $300 Million Common Stock Offering
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Shares of Genworth (GNW) Slammed as Treasury Denies Co. CPP Participation
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Genworth (GNW) Won't Participate in US Capital Purchase Program
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Genworth (GNW) Will Not Participate in the U.S. Capital Purchase Program
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Morning Movers 4/9: TXT, WFC, APWR, CRME, USB, EXM, BAC, GYMB, CSH Higher; MOV, ELMG, ANF Lower
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Wells Fargo (WFC) Sees Record Q1 Net Income, EPS Well Above Street Estimates
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BofA (BAC) Plans to Pay $713M in TARP Preferred Dividends
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Old National Bancorp (ONB) Pays Back TARP
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Fifth Third Bancorp (FITB) Makes 1st Dividend Payment to Treasury; Signs Garda Cash Logistics to Deliver Remote Currency Manager
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Lincoln National (LNC) Comments On Liquidity, Has Not Withdrawn TARP Application
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Bank of Marin (BMRC) Pays Back TARP Funds
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Davenport Initiates Coverage on Crescent Financial (CRFN) with a Neutral; Waiting for Visibility to Improve
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Highlights From Discover Financial Services (DFS) Q1 Conference Call
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TCF Financial (TCB) Files Notice To Pay Back TARP
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IBERIABANK Corporation (IBKC) Redeeming its Preferred Stock Held by the U.S. Treasury
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Bank of America (BAC) Makes $402M Dividend Payment to U.S. Govenment
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Lakeland Bancorp (LBAI) Receives $59 Million From TARP Program
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Unusual 11 Mid-Day Movers 2/9: AMRI, ARM, HBAN, HIG Higher; NSIT, VPHM, PARL, CHDX Lower

