Ratings by Piper Sandler (Manuel Navas)
| Date | Company | Symbol | Type | Rating (Past) |
PT (Past) |
Start $ (End $) |
% Chg. | Details |
|---|---|---|---|---|---|---|---|---|
| 8/11/2026 | Columbia Financial Inc | CLBK | Upgrade | Overweight (Neutral) |
10.84 (11.53) |
6.37% | 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 (18.78) |
2.07% | Details | |
| 6/12/2026 | Fulton Financial | FULT | New Coverage | Neutral (N/A) |
23.00 (23.60) |
2.61% | Details | |
| 6/12/2026 | Medallion Financial | MFIN | New Coverage | Neutral (N/A) |
9.81 (12.05) |
22.83% | Details | |
| 6/12/2026 | Cass Information Systems, Inc. | CASS | New Coverage | Neutral (N/A) |
49.44 (55.18) |
11.61% | Details | |
| 6/12/2026 | Arrow Financial Corporation | AROW | New Coverage | Overweight (N/A) |
38.11 (39.15) |
2.73% | 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 (13.80) |
5.42% | Details | |
| 3/16/2026 | Western New England Bancorp | WNEB | New Coverage | Neutral (N/A) |
12.75 (13.77) |
8% | Details | |
| 3/16/2026 | Northeast Bank | NBN | New Coverage | Overweight (N/A) |
109.17 (132.64) |
21.5% | Details | |
| 3/16/2026 | Washington Trust Bancorp | WASH | New Coverage | Neutral (N/A) |
32.14 (39.99) |
24.42% | Details | |
| 3/16/2026 | Chain Bridge Bancorp | CBNA | New Coverage | Neutral (N/A) |
35.19 (46.32) |
31.63% | Details | |
| 3/16/2026 | Independent Bank Corp | INDB | New Coverage | Neutral (N/A) |
74.74 (82.74) |
10.7% | Details | |
| 3/16/2026 | ConnectOne Bankcorp | CNOB | New Coverage | Overweight (N/A) |
25.53 (31.80) |
24.56% | Details | |
| 3/16/2026 | BB&T Capital | BBT | New Coverage | Overweight (N/A) |
28.66 (31.34) |
9.35% | Details | |
| 3/16/2026 | Eastern Bankshares Inc. | EBC | New Coverage | Overweight (N/A) |
18.79 (21.60) |
14.95% | Details | |
| 3/16/2026 | Bar Harbor Bankshares | BHB | New Coverage | Overweight (N/A) |
31.17 (40.56) |
30.13% | Details | |
| 3/16/2026 | Amalgamated Bank | AMAL | New Coverage | Neutral (N/A) |
38.10 (47.87) |
25.64% | Details | |
| 3/16/2026 | Peapack-Gladstone Financial | PGC | New Coverage | Overweight (N/A) |
33.37 (45.80) |
37.25% | Details | |
| 3/16/2026 | Flagstar Bank | FLG | New Coverage | Overweight (N/A) |
12.20 (13.18) |
8.03% | Details | |
| 3/16/2026 | Provident Financial Services | PFS | New Coverage | Overweight (N/A) |
20.36 (23.30) |
14.44% | Details | |
| 3/16/2026 | NBT Bancorp | NBTB | New Coverage | Overweight (N/A) |
41.47 (51.73) |
24.74% | 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 (50.63) |
-3.98% | Details | |
| 3/12/2026 | Meta Financial | CASH | New Coverage | Overweight (N/A) |
89.06 (78.62) |
-11.72% | Details | |
| 3/12/2026 | Customers Bancorp | CUBI | New Coverage | Overweight (N/A) |
66.64 (78.88) |
18.37% | Details | |
| 2/25/2026 | FinWise Bancorp | FINW | New Coverage | Overweight (N/A) |
16.52 (13.33) |
-19.31% | 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 (52.66) |
28.41% | Details | |
| 1/15/2026 | First BanCorp | FBP | New Coverage | Neutral (N/A) |
20.91 (27.69) |
32.42% | Details | |
| 1/15/2026 | Popular, Inc. | BPOP | New Coverage | Overweight (N/A) |
124.36 (163.71) |
31.64% | Details | |
| 12/17/2025 | WSFS Financial | WSFS | New Coverage | Neutral (N/A) |
58.06 (79.73) |
37.32% | Details | |
| 12/17/2025 | Northwest Bancshares, Inc. | NWBI | New Coverage | Neutral (N/A) |
12.78 (15.49) |
21.21% | 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 (21.31) |
23.32% | Details | |
| 12/17/2025 | WesBanco | WSBC | New Coverage | Overweight (N/A) |
35.15 (40.18) |
14.31% | Details | |
| 12/3/2025 | Univest Corporation of Pennsylvania | UVSP | New Coverage | Neutral (N/A) |
32.46 (42.67) |
31.45% | Details | |
| 12/3/2025 | Tompkins Financial | TMP | New Coverage | Neutral (N/A) |
69.69 (98.83) |
41.81% | Details | |
| 12/3/2025 | Meridian Bank | MRBK | New Coverage | Overweight (N/A) |
16.10 (19.61) |
21.8% | Details | |
| 12/3/2025 | F.N.B. Corporation | FNB | New Coverage | Overweight (N/A) |
16.69 (18.31) |
9.71% | Details | |
| 12/3/2025 | City Holding | CHCO | New Coverage | Neutral (N/A) |
121.79 (143.96) |
18.2% | Details | |
| 12/3/2025 | Community Financial System | CBU | New Coverage | Neutral (N/A) |
57.99 (62.54) |
7.85% | Details |

