National Penn Bancshares (NPBC) Posts Quarterly Results

National Penn Bancshares (NPBC) posted its quarterly earnings results on Friday. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.01.

On the ratings front, analysts at Boenning Scattergood downgraded shares of National Penn Bancshares from an “outperform” rating to a “neutral” rating in a research note to investors on Friday, April 20th.

Shares of National Penn Bancshares (NPBC) traded down 3.48% during mid-day trading on Friday, hitting $8.60. National Penn Bancshares (NPBC) has a 52 week low of $6.06 and a 52 week high of $9.43. The company has a market cap of $1.310 billion and a P/E ratio of 14.37.

National Penn Bancshares, Inc. (National Penn) is a bank holding company. The Company provides a range of financial services, principally through its national bank subsidiary, National Penn Bank, including its KNBT Division.

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Posted by Web Inquirer Staff on 3 Jun 2012. Filed under Markets. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.