Ratings by Piper Sandler (Brendan Nosal)
| Date | Company | Symbol | Type | Rating (Past) |
PT (Past) |
Start $ (End $) |
% Chg. | Details |
|---|---|---|---|---|---|---|---|---|
| 4/28/2025 | Civista Bancshares | CIVB | Maintain | Neutral (N/A) |
|
Details | ||
| 8/17/2023 | First Business Financial | FBIZ | New Coverage | Overweight (N/A) |
32.77 (33.98) |
3.69% | Details | |
| 7/28/2023 | Farmers & Merchants Bancorp | FMAO | Downgrade | Underweight (Neutral) |
24.67 (22.70) |
-7.99% | Details | |
| 5/15/2023 | Park National | PRK | Downgrade | Underweight (Neutral) |
101.19 (212.77) |
110.27% | Details | |
| 5/3/2023 | Civista Bancshares | CIVB | New Coverage | Overweight (N/A) |
15.51 (29.46) |
89.94% | Details | |
| 4/27/2023 | SY Bancorp | SYBT | Maintain | Underweight (N/A) |
|
Details | ||
| 4/27/2023 | Waterstone Financial | WSBF | Maintain | Neutral (N/A) |
|
Details | ||
| 4/19/2023 | Bank First National Corp. | BFC | Maintain | Overweight (N/A) |
|
Details | ||
| 1/27/2023 | Bridgewater Bancshares Inc. | BWB | Downgrade | Neutral (Overweight) |
17.20 (20.96) |
21.86% | Details | |
| 1/12/2023 | Bank First National Corp. | BFC | Downgrade | Neutral (Overweight) |
86.96 (151.20) |
73.87% | Details | |
| 12/14/2022 | SY Bancorp | SYBT | Downgrade | Underweight (Neutral) |
72.61 (88.53) |
21.93% | Details | |
| 10/26/2022 | Independent Bank | IBCP | Maintain | Overweight (N/A) |
|
Details | ||
| 10/25/2022 | Isabella Bank Corp | ISBA | Upgrade | Overweight (Neutral) |
21.55 (40.14) |
86.26% | Details | |
| 10/20/2022 | Community Trust Bancorp | CTBI | Maintain | Overweight (N/A) |
|
Details | ||
| 8/16/2022 | Bank First National Corp. | BFC | Maintain | Overweight (N/A) |
|
Details | ||
| 7/28/2022 | SY Bancorp | SYBT | Maintain | Neutral (N/A) |
|
Details | ||
| 7/13/2022 | SY Bancorp | SYBT | New Coverage | Neutral (N/A) |
62.37 (88.53) |
41.94% | Details | |
| 4/21/2022 | Bank First National Corp. | BFC | Upgrade | Overweight (Neutral) |
72.04 (151.20) |
109.88% | Details | |
| 3/31/2022 | Nicolet Bankshares | NCBS | Maintain | Overweight (N/A) |
|
Details | ||
| 1/28/2022 | First Business Financial | FBIZ | Maintain | Overweight (N/A) |
|
Details | ||
| 10/25/2021 | Isabella Bank Corp | ISBA | Downgrade | Neutral (Overweight) |
26.45 (40.14) |
51.76% | Details | |
| 8/12/2021 | Bridgewater Bancshares Inc. | BWB | Maintain | Overweight (N/A) |
|
Details | ||
| 4/15/2021 | Isabella Bank Corp | ISBA | New Coverage | Overweight (N/A) |
21.75 (40.14) |
84.55% | Details | |
| 2/26/2021 | Waterstone Financial | WSBF | Downgrade | Neutral (Overweight) |
20.59 (20.58) |
-0.05% | Details | |
| 1/20/2021 | Nicolet Bankshares | NCBS | Maintain | Neutral (N/A) |
|
Details | ||
| 12/9/2020 | Community Trust Bancorp | CTBI | Upgrade | Overweight (Neutral) |
35.63 (79.23) |
122.37% | Details | |
| 10/23/2020 | First Business Financial | FBIZ | Maintain | Overweight (N/A) |
|
Details | ||
| 10/21/2020 | Nicolet Bankshares | NCBS | Maintain | Neutral (N/A) |
|
Details | ||
| 9/22/2020 | CF Bankshares | CFBK | New Coverage | Neutral (N/A) |
11.85 (24.05) |
102.95% | Details | |
| 7/29/2020 | Waterstone Financial | WSBF | Maintain | Overweight (N/A) |
|
Details | ||
| 6/30/2020 | Bank First National Corp. | BFC | Maintain | Neutral (N/A) |
|
Details | ||
| 5/19/2020 | Bank First National Corp. | BFC | Maintain | Neutral (N/A) |
|
Details | ||
| 3/6/2020 | Bank First National Corp. | BFC | Maintain | Neutral (N/A) |
|
Details | ||
| 3/2/2020 | Community Trust Bancorp | CTBI | Maintain | Neutral (N/A) |
|
Details |

