Ratings by Keefe, Bruyette & Woods (Damon DelMonte)

Date CompanySymbol Type Rating
(Past)
PT
(Past)
Start $
(End $)
% Chg. Details
2/4/2026 First Financial Corp. THFF Maintain Market Perform
(N/A)
 
 
  Details
2/2/2026 Financial Institutions FISI Maintain
(N/A)
 
 
  Details
1/30/2026 Washington Trust Bancorp WASH Maintain Market Perform
(N/A)
 
 
  Details
1/30/2026 Alerus Financial Corp. ALRS Maintain Market Perform
(N/A)
 
 
  Details
1/29/2026 QCR Holdings QCRH Maintain Outperform
(N/A)
 
 
  Details
1/28/2026 German American Bancorp Inc. GABC Maintain Market Perform
(N/A)
 
 
  Details
1/28/2026 Camden National CAC Maintain Market Perform
(N/A)
 
 
  Details
1/27/2026 Lakeland Financial LKFN Maintain
(N/A)
 
 
  Details
1/26/2026 1st Source SRCE Maintain
(N/A)
 
 
  Details
1/26/2026 Midland States Bancorp MSBI Maintain
(N/A)
 
 
  Details
1/26/2026 Byline Bancorp BY Maintain
(N/A)
 
 
  Details
1/26/2026 Bar Harbor Bankshares BHB Maintain
(N/A)
 
 
  Details
1/23/2026 Horizon Bancorp HBNC Maintain Outperform
(N/A)
 
 
  Details
1/23/2026 Great Southern Bancorp GSBC Maintain Market Perform
(N/A)
 
 
  Details
1/23/2026 Equity Bancshares EQBK Maintain Market Perform
(N/A)
 
 
  Details
1/22/2026 Northpointe Bancshares NPB Maintain Outperform
(N/A)
 
 
  Details
1/21/2026 Mercantile Bank Corporation MBWM Maintain Outperform
(N/A)
 
 
  Details
12/8/2025 Midland States Bancorp MSBI Maintain Market Perform
(N/A)
 
 
  Details
12/2/2025 Horizon Bancorp HBNC Maintain Outperform
(N/A)
 
 
  Details
11/3/2025 Midland States Bancorp MSBI Maintain Market Perform
(N/A)
 
 
  Details
11/3/2025 Alerus Financial Corp. ALRS Maintain Market Perform
(N/A)
 
 
  Details
10/30/2025 First Financial Corp. THFF Maintain Market Perform
(N/A)
 
 
  Details
10/30/2025 First Financial Corp. THFF Maintain Market Perform
(N/A)
 
 
  Details
10/30/2025 Northeast Bank NBN Maintain Market Perform
(N/A)
 
 
  Details
10/30/2025 Northeast Bank NBN Maintain Market Perform
(N/A)
 
 
  Details
10/29/2025 Park National PRK Maintain Market Perform
(N/A)
 
 
  Details
10/29/2025 Enterprise Financial Services EFSC Maintain Outperform
(N/A)
 
 
  Details
10/29/2025 Camden National CAC Maintain Market Perform
(N/A)
 
 
  Details
10/28/2025 Lakeland Financial LKFN Maintain Market Perform
(N/A)
 
 
  Details
10/27/2025 MidWest One Financial MOFG Maintain Outperform
(N/A)
 
 
  Details
10/27/2025 Financial Institutions FISI Maintain Outperform
(N/A)
 
 
  Details
10/27/2025 Byline Bancorp BY Maintain Market Perform
(N/A)
 
 
  Details
10/23/2025 Bar Harbor Bankshares BHB Maintain Market Perform
(N/A)
 
 
  Details
10/22/2025 Washington Trust Bancorp WASH Maintain Market Perform
(N/A)
 
 
  Details
10/21/2025 HBT Financial HBT Maintain Outperform
(N/A)
 
 
  Details
10/17/2025 Great Southern Bancorp GSBC Maintain Market Perform
(N/A)
 
 
  Details
10/9/2025 Washington Trust Bancorp WASH Maintain Market Perform
(N/A)
 
 
  Details
9/26/2025 First Merchants FRME Maintain Outperform
(N/A)
 
 
  Details
9/4/2025 Equity Bancshares EQBK Maintain Market Perform
(N/A)
 
 
  Details
8/26/2025 Horizon Bancorp HBNC Upgrade Outperform
(Market Perform)
15.65
(16.29)
4.09% Details
7/29/2025 Alerus Financial Corp. ALRS Maintain Market Perform
(N/A)
 
 
  Details
7/28/2025 1st Source SRCE Maintain Underperform
(N/A)
 
 
  Details
7/28/2025 Lakeland Financial LKFN Maintain Market Perform
(N/A)
 
 
  Details
7/25/2025 QCR Holdings QCRH Maintain Outperform
(N/A)
 
 
  Details
7/25/2025 Horizon Bancorp HBNC Maintain Market Perform
(N/A)
 
 
  Details
7/24/2025 First Busey BUSE Maintain Outperform
(N/A)
 
 
  Details
7/23/2025 First Financial Corp. THFF Maintain Market Perform
(N/A)
 
 
  Details
7/23/2025 Mercantile Bank Corporation MBWM Maintain Outperform
(N/A)
 
 
  Details
7/22/2025 HBT Financial HBT Maintain Outperform
(N/A)
 
 
  Details
7/16/2025 Equity Bancshares EQBK Maintain Market Perform
(N/A)
 
 
  Details
7/15/2025 Equity Bancshares EQBK Maintain Market Perform
(N/A)
 
 
  Details
6/11/2025 Byline Bancorp BY Maintain Market Perform
(N/A)
 
 
  Details
6/4/2025 First Busey BUSE Maintain Outperform
(N/A)
 
 
  Details
5/20/2025 Washington Trust Bancorp WASH Maintain Market Perform
(N/A)
 
 
  Details
5/7/2025 Camden National CAC Maintain Market Perform
(N/A)
 
 
  Details
4/24/2025 QCR Holdings QCRH Maintain Outperform
(N/A)
 
 
  Details
4/23/2025 Mercantile Bank Corporation MBWM Maintain Outperform
(N/A)
 
 
  Details
4/22/2025 Washington Trust Bancorp WASH Maintain Market Perform
(N/A)
 
 
  Details
4/21/2025 Great Southern Bancorp GSBC Maintain Market Perform
(N/A)
 
 
  Details
4/21/2025 Bar Harbor Bankshares BHB Maintain Market Perform
(N/A)
 
 
  Details
4/7/2025 Equity Bancshares EQBK Maintain Market Perform
(N/A)
 
 
  Details
4/3/2025 Equity Bancshares EQBK Maintain Market Perform
(N/A)
 
 
  Details
3/20/2025 First Merchants FRME Maintain Outperform
(N/A)
 
 
  Details
3/17/2025 Bar Harbor Bankshares BHB Maintain Market Perform
(N/A)
 
 
  Details
3/14/2025 MidWest One Financial MOFG Maintain Outperform
(N/A)
 
 
  Details
3/12/2025 Bar Harbor Bankshares BHB Maintain Market Perform
(N/A)
 
 
  Details
3/11/2025 Financial Institutions FISI Maintain Outperform
(N/A)
 
 
  Details
3/11/2025 Northpointe Bancshares NPB New Coverage Outperform
(N/A)
14.01
(18.15)
29.55% Details
2/25/2025 QCR Holdings QCRH Maintain Outperform
(N/A)
 
 
  Details
2/10/2025 Northeast Bank NBN Maintain Market Perform
(N/A)
 
 
  Details
2/5/2025 First Financial Corp. THFF Maintain Market Perform
(N/A)
 
 
  Details
2/3/2025 First Business Financial FBIZ Maintain Outperform
(N/A)
 
 
  Details
2/3/2025 Financial Institutions FISI Upgrade Outperform
(Market Perform)
27.16
(30.78)
13.33% Details
1/31/2025 Washington Trust Bancorp WASH Maintain Market Perform
(N/A)
 
 
  Details
1/31/2025 First Merchants FRME Maintain Outperform
(N/A)
 
 
  Details
1/30/2025 First Busey BUSE Maintain Outperform
(N/A)
 
 
  Details
1/29/2025 German American Bancorp Inc. GABC Maintain Market Perform
(N/A)
 
 
  Details
1/29/2025 Enterprise Financial Services EFSC Maintain Outperform
(N/A)
 
 
  Details
1/29/2025 Park National PRK Maintain Market Perform
(N/A)
 
 
  Details
1/29/2025 Camden National CAC Maintain Market Perform
(N/A)
 
 
  Details
1/27/2025 Midland States Bancorp MSBI Maintain Market Perform
(N/A)
 
 
  Details
1/27/2025 Lakeland Financial LKFN Maintain Market Perform
(N/A)
 
 
  Details
1/27/2025 1st Source SRCE Maintain Market Perform
(N/A)
 
 
  Details
1/23/2025 HBT Financial HBT Maintain Outperform
(N/A)
 
 
  Details
1/22/2025 Mercantile Bank Corporation MBWM Maintain Outperform
(N/A)
 
 
  Details
1/15/2025 Lakeland Financial LKFN Maintain Market Perform
(N/A)
 
 
  Details
12/19/2024 HBT Financial HBT Maintain Outperform
(N/A)
 
 
  Details
12/19/2024 First Financial Corp. THFF Maintain Market Perform
(N/A)
 
 
  Details
12/13/2024 Financial Institutions FISI Maintain Market Perform
(N/A)
 
 
  Details
11/21/2024 Northeast Bank NBN New Coverage Market Perform
(N/A)
98.39
(106.14)
7.88% Details
10/22/2024 HBT Financial HBT Maintain Outperform
(N/A)
 
 
  Details
10/15/2024 Mercantile Bank Corporation MBWM Maintain Outperform
(N/A)
 
 
  Details
9/11/2024 Camden National CAC Maintain Market Perform
(N/A)
 
 
  Details
5/17/2024 Alerus Financial Corp. ALRS Maintain Market Perform
(N/A)
 
 
  Details
4/24/2024 Enterprise Financial Services EFSC Maintain Outperform
(N/A)
 
 
  Details
4/12/2023 Alerus Financial Corp. ALRS New Coverage Outperform
(N/A)
16.02
(23.88)
49.06% Details
10/28/2022 Horizon Bancorp HBNC Downgrade Market Perform
(Outperform)
19.78
(16.29)
-17.64% Details
12/22/2021 Byline Bancorp BY Downgrade Market Perform
(Outperform)
25.78
(30.82)
19.55% Details
7/16/2021 Bar Harbor Bankshares BHB New Coverage Outperform
(N/A)
27.72
(31.60)
14% Details
6/23/2021 Nicolet Bankshares NCBS Upgrade Outperform
(Market Perform)
71.75
(78.01)
8.72% Details
4/6/2021 Enterprise Financial Services EFSC New Coverage Outperform
(N/A)
49.58
(54.57)
10.06% Details
1/25/2021 Heartland Financial HTLF Maintain Market Perform
(N/A)
 
 
  Details
1/25/2021 Lakeland Financial LKFN Maintain Market Perform
(N/A)
 
 
  Details
1/28/2020 Lakeland Financial LKFN Maintain Market Perform
(N/A)
 
 
  Details
1/28/2020 Heartland Financial HTLF Maintain Market Perform
(N/A)
 
 
  Details
7/1/2019 Nicolet Bankshares NCBS Maintain Market Perform
(Market Perform)
 
 
  Details
12/18/2018 First Defiance Financial FDEF Upgrade Outperform
(Market Perform)
25.24
(18.12)
-28.21% Details
10/11/2018 MBT Financial MBTF Upgrade Outperform
(Market Perform)
11.50
(9.84)
-14.43% Details