Ratings by Piper Sandler (Manuel Navas)
| Date | Company | Symbol | Type | Rating (Past) |
PT (Past) |
Start $ (End $) |
% Chg. | Details |
|---|---|---|---|---|---|---|---|---|
| 10/9/2026 | Mid Penn Bancorp | MPB | New Coverage | Overweight (N/A) |
35.73 (36.04) |
0.87% | Details | |
| 10/6/2026 | WesBanco | WSBC | Maintain | Overweight (N/A) |
|
Details | ||
| 10/6/2026 | OceanFirst Financial | OCFC | Maintain | Neutral (N/A) |
|
Details | ||
| 10/6/2026 | Community Financial System | CBU | Maintain | Neutral (N/A) |
|
Details | ||
| 10/2/2026 | Medallion Financial | MFIN | Maintain | Neutral (N/A) |
|
Details | ||
| 9/17/2026 | The Bancorp | TBBK | Maintain | Overweight (N/A) |
|
Details | ||
| 8/11/2026 | Columbia Financial Inc | CLBK | Upgrade | Overweight (Neutral) |
10.84 (10.67) |
-1.57% | Details | |
| 8/6/2026 | Cass Information Systems, Inc. | CASS | Maintain | Neutral (N/A) |
|
Details | ||
| 8/5/2026 | OceanFirst Financial | OCFC | Maintain | Neutral (N/A) |
|
Details | ||
| 8/3/2026 | WSFS Financial | WSFS | Maintain | Neutral (N/A) |
|
Details | ||
| 8/3/2026 | Tompkins Financial | TMP | Maintain | Neutral (N/A) |
|
Details | ||
| 8/3/2026 | The Bancorp | TBBK | Maintain | Overweight (N/A) |
|
Details | ||
| 8/3/2026 | Northeast Bank | NBN | Maintain | Overweight (N/A) |
|
Details | ||
| 8/3/2026 | Fulton Financial | FULT | Maintain | Neutral (N/A) |
|
Details | ||
| 8/3/2026 | Financial Institutions | FISI | Maintain | Neutral (N/A) |
|
Details | ||
| 8/3/2026 | Community Financial System | CBU | Maintain | Neutral (N/A) |
|
Details | ||
| 8/3/2026 | Chain Bridge Bancorp | CBNA | Maintain | Neutral (N/A) |
|
Details | ||
| 7/31/2026 | Provident Financial Services | PFS | Maintain | Overweight (N/A) |
|
Details | ||
| 7/30/2026 | First Commonwealth Financial | FCF | Maintain | Overweight (N/A) |
|
Details | ||
| 7/29/2026 | Western New England Bancorp | WNEB | Maintain | Neutral (N/A) |
|
Details | ||
| 7/29/2026 | Peapack-Gladstone Financial | PGC | Maintain | Overweight (N/A) |
|
Details | ||
| 7/28/2026 | Arrow Financial Corporation | AROW | Maintain | Overweight (N/A) |
|
Details | ||
| 7/27/2026 | Eastern Bankshares Inc. | EBC | Maintain | Overweight (N/A) |
|
Details | ||
| 7/24/2026 | Popular, Inc. | BPOP | Maintain | Overweight (N/A) |
|
Details | ||
| 7/23/2026 | Meta Financial | CASH | Maintain | Overweight (N/A) |
|
Details | ||
| 7/22/2026 | OFG Bancorp | OFG | Maintain | Neutral (N/A) |
|
Details | ||
| 7/20/2026 | F.N.B. Corporation | FNB | Maintain | Overweight (N/A) |
|
Details | ||
| 6/26/2026 | WesBanco | WSBC | Maintain | Overweight (N/A) |
|
Details | ||
| 6/26/2026 | Valley National Bancorp | VLY | Maintain | Overweight (N/A) |
|
Details | ||
| 6/26/2026 | Peapack-Gladstone Financial | PGC | Maintain | Overweight (N/A) |
|
Details | ||
| 6/26/2026 | NBT Bancorp | NBTB | Maintain | Overweight (N/A) |
|
Details | ||
| 6/26/2026 | F.N.B. Corporation | FNB | Maintain | Overweight (N/A) |
|
Details | ||
| 6/26/2026 | Flagstar Bank | FLG | Maintain | Overweight (N/A) |
|
Details | ||
| 6/26/2026 | Customers Bancorp | CUBI | Maintain | Overweight (N/A) |
|
Details | ||
| 6/26/2026 | Popular, Inc. | BPOP | Maintain | Overweight (N/A) |
|
Details | ||
| 6/26/2026 | Washington Trust Bancorp | WASH | Maintain | Neutral (N/A) |
|
Details | ||
| 6/26/2026 | Independent Bank Corp | INDB | Maintain | Neutral (N/A) |
|
Details | ||
| 6/26/2026 | Eastern Bankshares Inc. | EBC | Maintain | Overweight (N/A) |
|
Details | ||
| 6/26/2026 | ConnectOne Bankcorp | CNOB | Maintain | Overweight (N/A) |
|
Details | ||
| 6/22/2026 | Popular, Inc. | BPOP | Maintain | Overweight (N/A) |
|
Details | ||
| 6/12/2026 | OceanFirst Financial | OCFC | New Coverage | Neutral (N/A) |
18.40 (15.83) |
-13.97% | Details | |
| 6/12/2026 | Fulton Financial | FULT | New Coverage | Neutral (N/A) |
23.00 (22.40) |
-2.61% | Details | |
| 6/12/2026 | Medallion Financial | MFIN | New Coverage | Neutral (N/A) |
9.81 (11.19) |
14.07% | Details | |
| 6/12/2026 | Cass Information Systems, Inc. | CASS | New Coverage | Neutral (N/A) |
49.44 (54.68) |
10.6% | Details | |
| 6/12/2026 | Arrow Financial Corporation | AROW | New Coverage | Overweight (N/A) |
38.11 (36.85) |
-3.31% | Details | |
| 5/6/2026 | WSFS Financial | WSFS | Maintain | Neutral (N/A) |
|
Details | ||
| 5/5/2026 | Meridian Bank | MRBK | Maintain | Overweight (N/A) |
|
Details | ||
| 4/30/2026 | Community Financial System | CBU | Maintain | Neutral (N/A) |
|
Details | ||
| 4/29/2026 | Western New England Bancorp | WNEB | Maintain | Neutral (N/A) |
|
Details | ||
| 4/29/2026 | Northeast Bank | NBN | Maintain | Overweight (N/A) |
|
Details | ||
| 4/28/2026 | Tompkins Financial | TMP | Maintain | Neutral (N/A) |
|
Details | ||
| 4/27/2026 | Valley National Bancorp | VLY | Maintain | Overweight (N/A) |
|
Details | ||
| 4/27/2026 | Flagstar Bank | FLG | Maintain | Overweight (N/A) |
|
Details | ||
| 4/27/2026 | Customers Bancorp | CUBI | Maintain | Overweight (N/A) |
|
Details | ||
| 4/24/2026 | Popular, Inc. | BPOP | Maintain | Overweight (N/A) |
|
Details | ||
| 4/23/2026 | WesBanco | WSBC | Maintain | Overweight (N/A) |
|
Details | ||
| 4/23/2026 | First BanCorp | FBP | Maintain | Neutral (N/A) |
|
Details | ||
| 4/22/2026 | OFG Bancorp | OFG | Maintain | Neutral (N/A) |
|
Details | ||
| 4/20/2026 | Valley National Bancorp | VLY | New Coverage | Overweight (N/A) |
13.09 (12.66) |
-3.28% | Details | |
| 3/16/2026 | Western New England Bancorp | WNEB | New Coverage | Neutral (N/A) |
12.75 (13.57) |
6.43% | Details | |
| 3/16/2026 | Northeast Bank | NBN | New Coverage | Overweight (N/A) |
109.17 (125.42) |
14.89% | Details | |
| 3/16/2026 | Washington Trust Bancorp | WASH | New Coverage | Neutral (N/A) |
32.14 (37.06) |
15.31% | Details | |
| 3/16/2026 | Chain Bridge Bancorp | CBNA | New Coverage | Neutral (N/A) |
35.19 (49.26) |
39.98% | Details | |
| 3/16/2026 | Independent Bank Corp | INDB | New Coverage | Neutral (N/A) |
74.74 (79.88) |
6.88% | Details | |
| 3/16/2026 | ConnectOne Bankcorp | CNOB | New Coverage | Overweight (N/A) |
25.53 (30.44) |
19.23% | Details | |
| 3/16/2026 | BB&T Capital | BBT | New Coverage | Overweight (N/A) |
28.66 (27.50) |
-4.05% | Details | |
| 3/16/2026 | Eastern Bankshares Inc. | EBC | New Coverage | Overweight (N/A) |
18.79 (21.31) |
13.41% | Details | |
| 3/16/2026 | Amalgamated Bank | AMAL | New Coverage | Neutral (N/A) |
38.10 (47.13) |
23.7% | Details | |
| 3/16/2026 | Bar Harbor Bankshares | BHB | New Coverage | Overweight (N/A) |
31.17 (38.21) |
22.59% | Details | |
| 3/16/2026 | Peapack-Gladstone Financial | PGC | New Coverage | Overweight (N/A) |
33.37 (43.38) |
30% | Details | |
| 3/16/2026 | Flagstar Bank | FLG | New Coverage | Overweight (N/A) |
12.20 (11.08) |
-9.18% | Details | |
| 3/16/2026 | Provident Financial Services | PFS | New Coverage | Overweight (N/A) |
20.36 (22.23) |
9.18% | Details | |
| 3/16/2026 | NBT Bancorp | NBTB | New Coverage | Overweight (N/A) |
41.47 (50.85) |
22.62% | Details | |
| 3/16/2026 | Columbia Financial Inc | CLBK | New Coverage | Neutral (N/A) |
17.48 (10.84) |
-37.99% | Details | |
| 3/16/2026 | Dime Community Bancshares, Inc. | DCOM | New Coverage | Overweight (N/A) |
31.88 (34.41) |
7.94% | Details | |
| 3/12/2026 | The Bancorp | TBBK | New Coverage | Overweight (N/A) |
52.73 (49.60) |
-5.94% | Details | |
| 3/12/2026 | Meta Financial | CASH | New Coverage | Overweight (N/A) |
89.06 (72.93) |
-18.11% | Details | |
| 3/12/2026 | Customers Bancorp | CUBI | New Coverage | Overweight (N/A) |
66.64 (74.78) |
12.21% | Details | |
| 2/25/2026 | FinWise Bancorp | FINW | New Coverage | Overweight (N/A) |
16.52 (10.68) |
-35.35% | Details | |
| 2/3/2026 | Meridian Bank | MRBK | Maintain | Overweight (N/A) |
|
Details | ||
| 2/2/2026 | Financial Institutions | FISI | Maintain | Neutral (N/A) |
|
Details | ||
| 1/30/2026 | First BanCorp | FBP | Maintain | Neutral (N/A) |
|
Details | ||
| 1/23/2026 | City Holding | CHCO | Maintain | Neutral (N/A) |
|
Details | ||
| 1/23/2026 | OFG Bancorp | OFG | Maintain | Neutral (N/A) |
|
Details | ||
| 1/22/2026 | F.N.B. Corporation | FNB | Maintain | Overweight (N/A) |
|
Details | ||
| 1/15/2026 | OFG Bancorp | OFG | New Coverage | Neutral (N/A) |
41.01 (52.64) |
28.36% | Details | |
| 1/15/2026 | First BanCorp | FBP | New Coverage | Neutral (N/A) |
20.91 (27.37) |
30.89% | Details | |
| 1/15/2026 | Popular, Inc. | BPOP | New Coverage | Overweight (N/A) |
124.36 (158.89) |
27.77% | Details | |
| 12/17/2025 | WSFS Financial | WSFS | New Coverage | Neutral (N/A) |
58.06 (76.35) |
31.5% | Details | |
| 12/17/2025 | Northwest Bancshares, Inc. | NWBI | New Coverage | Neutral (N/A) |
12.78 (14.93) |
16.82% | Details | |
| 12/17/2025 | Financial Institutions | FISI | Maintain | Neutral (N/A) |
|
Details | ||
| 12/17/2025 | First Commonwealth Financial | FCF | New Coverage | Overweight (N/A) |
17.28 (20.34) |
17.71% | Details | |
| 12/17/2025 | WesBanco | WSBC | New Coverage | Overweight (N/A) |
35.15 (37.22) |
5.89% | Details | |
| 12/3/2025 | Univest Corporation of Pennsylvania | UVSP | New Coverage | Neutral (N/A) |
32.46 (41.25) |
27.08% | Details | |
| 12/3/2025 | Tompkins Financial | TMP | New Coverage | Neutral (N/A) |
69.69 (97.58) |
40.02% | Details | |
| 12/3/2025 | Meridian Bank | MRBK | New Coverage | Overweight (N/A) |
16.10 (18.51) |
14.97% | Details | |
| 12/3/2025 | F.N.B. Corporation | FNB | New Coverage | Overweight (N/A) |
16.69 (17.23) |
3.24% | Details | |
| 12/3/2025 | City Holding | CHCO | New Coverage | Neutral (N/A) |
121.79 (141.69) |
16.34% | Details | |
| 12/3/2025 | Community Financial System | CBU | New Coverage | Neutral (N/A) |
57.99 (60.24) |
3.88% | Details |


