BUZZ-Piper Sandler assumes coverage of five US Northeast banks
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Piper Sandler has initiated coverage on five US Northeast banks: WesBanco, First Commonwealth Financial, Financial Institutions, Northwest Bancshares, and WSFS Financial. The brokerage highlights WSBC's strong returns and EPS growth, FCF's accelerating EPS growth, FISI's priced-in return improvement, NWBI's weak growth, and WSFS's strong performance but limited EPS growth. Ratings are WSBC and FCF Overweight, FISI, NWBI, and WSFS Neutral.
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