Zacks Investment Research upgraded shares of CAPITAL BNK FIN (CBF) from UNDERPERFORM to NEUTRAL on May 30, 2013, with a target price of $18.40.
Capital Bank Financial Corp. is a bank holding company focused on creating a regional banking franchise in the southeastern region of the United States through organic growth and acquisitions of other banks, including failed, underperforming and undercapitalized banks. The Bank's products and services include commercial bank business, consumer bank business, Mortgage Banking, and Private Banking. Its deposit products include non-interest-bearing checking accounts, interest-bearing checking accounts, savings accounts, money market deposit accounts, certificates of deposit, and individual retirement accounts. The company's commercial loans products comprise owner occupied commercial real estate construction and term loans working capital loans and lines of credit demand, term, and time loans and equipment, inventory, and accounts receivable financing. Capital Bank Financial Corp. is based in Coral Gables, Florida.
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