National Penn Bancshares (NPBC) Releases Quarterly Earnings, Beats Estimates By $0.01 EPS

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

On a related note, 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 up 0.12% during mid-day trading on Tuesday, hitting $8.64. National Penn Bancshares (NPBC) has a one year low of $6.06 and a one year high of $9.43. The company has a market cap of $1.316 billion and a P/E ratio of 13.92.

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.

Stay ahead of the market with Analyst Ratings Network's daily email update that provides a summary of analysts' upgrades, downgrades and new coverage. Click here to register now.

Posted by Web Inquirer Staff on 22 May 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.