5 Best Bank Stocks To Invest In 2015

Before Thursday’s opening bell, regional bank BB&T Corporation (BBT) reported higher first quarter earnings. Despite the increase in earnings, the company was unable to exceed analysts’ expectations.

BBT’s Earnings in Brief

BBT posted first quarter earnings of�$501 million, or 69 cents per share, up from�$210 million, or 29 cents per share, a year ago. Analysts expected to see earnings of 70 cents per share. Revenue for the quarter was�$2.29 billion, down from $2.46 billion last year and below analysts’ estimate of $2.31 billion. The bank reported that its loan portfolio rose 1.7% from the Q1 of last year.

CEO Commentary

5 Best Bank Stocks To Invest In 2015: Banco Bilbao Vizcaya Argentaria S.A. (BBVA)

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) is a diversified international financial group, with strengths in the traditional banking businesses of retail banking, asset management, private banking and wholesale banking. The Company also has investments in some of Spain�� companies. During the year ended December 31, 2009, BBVA focused its operations on six major business areas: Spain and Portugal, Wholesale Banking and Asset Management, Mexico, The United States, South America and Corporate Activities. On August 21, 2009, through its subsidiary BBVA Compass, BBVA acquired certain assets of Guaranty from the United States Federal Deposit Insurance Corporation (the FDIC).

Spain and Portugal

The Spain and Portugal business area focuses on providing banking services and consumer finance to private individuals, enterprises and institutions in Spain and Portugal. The main business units included in the Spain and Portugal area Spanish Retail Network, which manages individual customers, high net-worth individuals (private banking) and small companies and retailers in the Spanish market; Corporate and Business Banking, which manages business with small and medium enterprises (SMEs), large companies, institutions and developers in the Spanish market, and Other units, which includes consumer finance, that manages renting and leasing business, credit to individual and to enterprises for consumer products and Internet banking; European Insurance that manages the insurance business in Spain and Portugal, and BBVA Portugal, that manages the banking business in Portugal. The Spanish Retail Network unit services the financial and non-financial needs of households, professional practices, retailers and small businesses. The Corporate and Business Banking unit offers a range of services and products to SMEs, large companies, institutions and developers with specialized branch networks for each segment.

The Company�� European Insurance unit�� activities are conducted through! various insurance companies that provide direct insurance, reinsurance and insurance brokering services in Spain and Portugal and market products for different types of customers (private individuals, SMEs, retailers, professional service firms and providers and self-employed individuals) through this unit�� branch offices. BBVA Portugal manages its banking business in Portugal.

Wholesale Banking and Asset Management

The Wholesale Banking and Asset Management area focuses on providing services to large international companies and investment banking, capital markets and treasury management services to clients. The business units included in the Wholesale Banking and Asset Management area are Corporate and Investment Banking, which coordinates origination, distribution and management of a complete catalogue of corporate and investment banking products (corporate finance, structured finance, syndicated loans and debt capital markets) and provides global trade finance and global transaction services with coverage of large corporate customers specialized by sector (industry bankers); Global Markets, which handles the origination, structuring, distribution and risk management of market products, which are placed through its trading rooms in Europe, Asia and the Americas; Asset Management, which designs and manages the products that are marketed through its different branch networks including traditional asset management, alternative asset management and Valanza (its private equity unit); Industrial and Other Holdings, which helps to diversify the area�� businesses with the aim of creating medium and long-term value through active management of a portfolio of industrial holdings and other Spanish and international projects, and Asia.

During the year ended December 31, 2009, it launched two products: BBVA Bonos Cash (BBVA Cash Bonds), a money market fund for retail customers, and BBVA Bonos Largo Plazo Gobiernos II (BBVA Long-Term Government Bonds), a public-debt fu! nd. In ad! dition it launched through this unit additional fixed-income long-term funds, including BBVA Bonos Corporativos 2011 and BBVA Bonos 2014, which were sold to HNWI customers.

Mexico

The business units included in the Mexico area are Retail and Corporate banking and Pensions and Insurance. BBVA Bancomer launched six new mortgage products for lending to home buyers in 2009. These products included: loans for home improvements, remodeling or additions to homes and financial discount which provides liquidity to construction companies. In Mexico, it operates its pensions business through Afore Bancomer, its insurance business through Seguros Bancomer, its annuities business through Pensiones Bancomer and its health insurance business through Preventis.

The United States

The business units included in the United States area are BBVA Compass and Other units: BBVA Puerto Rico and Bancomer Transfers Services (BTS). During 2009 this unit marketed and sold several new products, The ClearPoints credit card, Business Build-to-order Checking, Compass for your Cause and Money Market Sweep.

South America

The South America business area includes its banking, insurance and pension businesses in South America. The business units included in the South America business area are Retail and Corporate Banking, which includes banks in Argentina, Chile, Colombia, Panama, Paraguay, Peru, Uruguay and Venezuela; Pension businesses, which includes pensions businesses in Argentina, Bolivia, Chile, Colombia, Ecuador and Peru and Dominican Republic, and Insurance businesses, which includes insurance businesses in Argentina, Chile, Colombia, Dominican Republic and Venezuela.

Corporate Activities

The Corporate Activities area handles its general management functions. These mainly consist of structural positions for interest rates associated with the euro balance sheet and exchange rates, together with liquidity management and shareholde! rs��fun! ds.

Advisors' Opinion:

• [By Jim Woods]

  If you’re looking for an income-producing dividend stock to fill the void, consider the classic pure plays AT&T (T) and Verizon (VZ).

  Banco Bilbao Vizcaya Argentaria (BBVA)
  

  When it comes to suspending dividends, the Europeans don�� want to be left out. In October, Spain�� biggest financial institution, Banco Bilbao Vizcaya Argentaria (BBVA), cut its annual dividend by putting a cap on payouts for 2014 (and going forward) to 40% of profits.

• [By fedezaldua]

  On the capitalization side, Santander has gotten significantly better, and I would expect the bank to show a Basel 2 tier 1 capital ratio of 12% by the end of 2014, which is around what most analysts expect for its closest peer, Banco Bilbao Viscaya Argentaria (BBVA) ��most commonly known as BBVA.

5 Best Bank Stocks To Invest In 2015: First Bancorp (FBP)

First Bancorp is a bank holding company. The Company is a service provider of financial services and products with operations in Puerto Rico, the United States and the United States and British Virgin Islands. The Company has six segments: Consumer (Retail) Banking; Commercial and Corporate Banking; Mortgage Banking; Treasury and Investments; United States Operations, and Virgin Islands Operations. The Company specializes in commercial banking, residential mortgage loan originations, finance leases, personal loans, small loans, auto loans, insurance agency and broker-dealer activities. As of December 31, 2011, it controlled two wholly owned subsidiaries: FirstBank and FirstBank Insurance Agency, Inc. (FirstBank Insurance Agency). FirstBank is a Puerto Rico-chartered commercial bank and FirstBank Insurance Agency is a Puerto Rico-chartered insurance agency. On February 16, 2011, FirstBank sold an asset portfolio consisting of performing and non-performing construction, commercial mortgage and C&I loans. The Company�� total investment securities portfolio as of December 31, 2011 amounted to $2 billion. As of December 31, 2011, the Company had a total deposit of $9.9 billion. Effective May 31, 2011, the Company purchased FirstBank-branded consumer credit card portfolio from FIA Card Services, N.A. and an affiliate.

Consumer (Retail) Banking

The Consumer (Retail) Banking segment consists of the Company�� consumer lending and deposit-taking activities conducted mainly through FirstBank�� branch network and loan centers in Puerto Rico. Loans to consumers include auto, boat and personal loans and lines of credit. Deposit products include interest bearing and non-interest bearing checking and savings accounts, Individual Retirement Accounts (IRA) and retail certificates of deposit. Retail deposits gathered through each branch of FirstBank�� retail network serve as one of the funding sources for the lending and investment activities. Credit card accounts are issued under Firs! tBank�� name through an alliance with a financial institution, which bears the credit risk.

Commercial and Corporate Banking

The Commercial and Corporate Banking segment consists of the Company�� lending and other services across a spectrum of industries ranging from small businesses to large corporate clients. FirstBank has developed expertise in industries, including healthcare, tourism, financial institutions, food and beverage, income-producing real estate and the public sector. The Commercial and Corporate Banking segment offers commercial loans, including commercial real estate and construction loans, and other products, such as cash management and business management services. A substantial portion of this portfolio is secured by the underlying value of the real estate collateral and the personal guarantees of the borrowers. The segment also includes the Company�� broker-dealer activities, which are primarily concentrated in bonds underwriting and financial advisory services provided to government entities in Puerto Rico.

Mortgage Banking

The Mortgage Banking segment conducts its operations mainly through FirstBank and its mortgage origination subsidiary, First Mortgage. These operations consist of the origination, sale and servicing of a variety of residential mortgage loan products. Originations are sourced through different channels, such as FirstBank branches, mortgage bankers and in association with new project developers. First Mortgage focuses on originating residential real estate loans, some of which conform to Federal Housing Administration (FHA), Veterans Administration (VA) and Rural Development (RD) standards. The Mortgage Banking segment also acquires and sells mortgages in the secondary markets. Most of the Company�� residential mortgage loan portfolio consists of fixed-rate, fully amortizing, full documentation loans.

Treasury and Investments

The Treasury and Investments segment is responsib! le for th! e Corporation�� treasury and investment management functions. The treasury function, which includes funding and liquidity management, sells funds to the Commercial and Corporate Banking segment, the Mortgage Banking segment, and the Consumer (Retail) Banking segment to finance their respective lending activities and purchases funds gathered by those segments and from the United States Operations segment. Funds not gathered by the different business units are obtained by the Treasury Division through wholesale channels, such as brokered deposits, advances from the FHLB and, repurchase agreements with investment securities, among others.

United States Operations

The United States Operations segment consists of all banking activities conducted by FirstBank in the United States mainland. FirstBank provides a range of banking services to individual and corporate customers primarily in southern Florida through its ten branches. The United States Operations segment offers an array of both retail and commercial banking products and services. Consumer banking products include checking, savings and money market accounts, retail certificates of deposit (CDs), Internet banking services, residential mortgages, home equity loans and lines of credit, automobile loans and credit cards through an alliance with a nationally recognized financial institution, which bears the credit risk. Deposits gathered through FirstBank�� branches in the United States also serve as a funding sources for lending and investment activities in Puerto Rico. The commercial banking services include checking, savings and money market accounts, CDs, Internet banking services, cash management services, remote data capture and automated clearing house (ACH), transactions. Loan products include the traditional commercial and industrial and commercial real estate products, such as lines of credit, term loans and construction loans.

Virgin Islands Operations

The Virgin Islands Operations seg! ment cons! ists of all banking activities conducted by FirstBank in the United States and British Virgin Islands, including retail and commercial banking services, with a total of fourteen branches serving the United States Virgin Islands of St. Thomas, St. Croix, and St. John, and the British Virgin Islands of Tortola and Virgin Gorda. The Virgin Islands Operations segment is driven by its consumer, commercial lending and deposit-taking activities.

Advisors' Opinion:

• [By John Udovich]

  For investors looking for exposure to the US commonwealth of Puerto Rico, banking stocks Doral Financial Corp (NYSE: DRL), First Bancorp (NYSE: FBP), OFG Bancorp (NYSE: OFG) and Popular Inc (NASDAQ: BPOP) offer the best bet as these Puerto Rico stocks trade on major US exchanges rather than the OTC. However, it should be mentioned that there has been a slowdown in Puerto Rico�� economy which has also shrunk in five of the past seven fiscal years. Then last�February, Puerto Rico�� debt was cut to speculative grade by the three largest credit-rating companies while�Governor Alejandro Garcia Padilla has proposed a series of budget cuts to help tackle the island�� mounting debt load -including the freezing public workers��salaries and the closing about 100 schools.

• [By Laura Brodbeck]

  Monday

  Earnings Releases Expected: UGI Corporation (NYSE: UGI), Yum! Brands, Inc. (NYSE: YUM), First Bancorp. (NYSE: FBP) Economic Releases Expected: �Indian services PMI, Spanish services PMI, Italian services PMI, German services PMI, eurozone services PMI, British services PMI, German CPI, US ISM non-manufacturing PMI

  Tuesday

• [By CRWE]

  First BanCorp (NYSE:FBP), the bank holding company for FirstBank Puerto Rico, expects to report its financial results for the third quarter ended September 30, 2012, after the market closes on Wednesday, October 31, 2012.

• [By Paul Ausick]

  First Bancorp (NYSE: FBP) is another Puerto Rican bank that gets the nod. The bank�� asset divestitures are behind it and, like M&T, it is fundamentally sound. Sterne Agee�� price target on the stock is $11.00, and the stock closed on Friday at $5.81 in a 52-week range of $4.27 to $8.70. The potential upside for this small cap bank is nearly 90%. The bank�� forward multiple according to the analysts is 10.8 and the consensus forward P/E from Thomson Reuters is 11.17. Sterne Agee�� EPS estimate for 2014 is $0.52.

Top 5 Casino Stocks To Invest In 2015: Walker & Dunlop Inc (WD)

Walker & Dunlop, Inc. (Walker & Dunlop), incorporated on July 29, 2010, is a holding company and it conducts all of its operations through Walker & Dunlop, LLC, its operating company. Walker & Dunlop is a provider of commercial real estate financial services in the United States, with a primary focus on multifamily lending. The Company originates, sells and services a range of multifamily and other commercial real estate financing products. The Company�� clients are owners and developers of commercial real estate. It originates and sells loans through the programs of the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac, and together with Fannie Mae, the government-sponsored enterprises (GSEs)), the Government National Mortgage Association (Ginnie Mae) and the Federal Housing Administration, a division of the United States Department of Housing and Urban Development (together with Ginnie Mae, HUD). In September 2012, it acquired CWCapital LLC.

The Company retains servicing rights and asset management responsibilities on nearly all loans that it originates for GSE and HUD programs. It is approved as a Fannie Mae Delegated Underwriting and Servicing (DUS) lender nationally, a Freddie Mac Program Plus lender in seven states, the District of Columbia and the metropolitan New York area, a HUD Multifamily Accelerated Processing (MAP) lender nationally, and a Ginnie Mae issuer. It also originates and services loans for a number of life insurance companies, commercial banks and other institutional investors. In addition, through its subsidiary entities, it provides institutional advisory, asset management and investment management services specializing in debt, structured debt and equity.

The Company�� clients are developers and owners of real estate across the United States. It focuses primarily on multifamily properties and offers a range of commercial real estate finance products to the customers, including first mortga! ge loans, second trust loans, supplemental financings, construction loans, mezzanine loans and equity investments. It originates and sells loans under the programs of GSEs and HUD. It structures its internal working groups around the various services it provides, which includes Multifamily Finance, FHA Finance, Healthcare Finance, Capital Markets and Investment Services.

Multifamily Finance

The Company are one of 25 approved lenders who participate in Fannie Mae's DUS program for multifamily, manufactured housing communities, student housing and certain healthcare properties. It also is contracted by Fannie Mae to service all loans that it originates under the Fannie Mae DUS program. It is one of 26 lenders approved as a Freddie Mac Program Plus lender under, which it originates and sells to Freddie Mac multifamily and healthcare loans that satisfy Freddie Mac's underwriting and other eligibility requirements. It also is contracted by Freddie Mac to service all loans that it originates under its program.

FHA Finance

As an approved HUD MAP lender and Ginnie Mae issuer, the Company provides construction and permanent loans to developers and owners of multifamily housing, senior housing and healthcare facilities. It submits its completed loan underwriting package to HUD and obtains HUD's approval to originate the loan. HUD insured loans are placed in single loan pools, which back Ginnie Mae securities. Ginnie Mae is a United States government corporation in The United States Department of Housing and Urban Development.

Healthcare Finance

Through the Column transaction, the Company provides healthcare real estate lending space, which includes skilled nursing facilities and hospitals. The process for originating healthcare real estate loans is similar to the process for originating multifamily loans with HUD or Fannie Mae. It is also contracted by HUD and Fannie Mae to service all loans it originates under their programs.

Capi! tal Markets

The Company serves as an intermediary in the placement of commercial real estate debt between institutional sources of capital, such as life insurance companies, investment banks, commercial banks, pension funds and other institutional investors, and owners of all types of commercial real estate. It often advises on capital structure, develops the financing package, facilitates negotiations between its client and institutional sources of capital, coordinate due diligence and assist in closing the transaction. In these instances, it does not underwrite or fund the loan and do not retain any interest in these loans.

Investment Services

The Company provides investment consulting and related services for two commercial real estate funds, W&D Balanced Real Estate Fund I LP and Walker & Dunlop Apartment Fund I, LLC. W&D Balanced Real Estate Fund I LP is a commercial real estate fund that has invested approximately $50 million in commercial real estate securities and loans, such as first mortgages, B-notes, mezzanine debt and equity securities, and has no further commitments to invest. Third-party pension funds hold limited partnership interests in this fund and are entitled to all regular distributions. Through the Company�� subsidiary, it holds a general partnership interest in this fund and is entitled to incentive distributions only if returns exceed certain pre-established thresholds. Walker & Dunlop Apartment Fund I, LLC is a commercial real estate fund that has invested $45 million in multifamily real estate properties and mezzanine loans, and has no further commitments to invest.

Advisors' Opinion:

• [By Luke Jacobi]

  Walker & Dunlop (NYSE: WD) dropped 19.17 percent to $12.86 after the company announced it would be raising another round of financing.

  Beacon Roofing Supply (NASDAQ: BECN) fell 7.11 percent to $34.25 after Robert W. Baird downgraded the stock from Outperform to Neutral.

5 Best Bank Stocks To Invest In 2015: KS Bancorp Inc (KSBI)

KS Bancorp, Inc. serves as the holding company for KS Bank, Inc. (the Bank). The Bank is a community financial institution, which is locally owned and operated. The Bank offers a range of traditional deposit and loan products for consumers and businesses. The Bank offers a range of loans that include Personal Loans, Fixed Rate and Adjustable Rate Home Mortgage Loans, Consumer Loans, Reverse Mortgages, Home Construction Loans, Auto Loans, Boat Loans and Education Loans.

The Bank focuses on attracting retail deposits and using such deposits to make mortgage loans, construction loans, business loans, consumer loans and equity line loans. KS Bank conducts its operations through eight full service retail offices located in Johnston, Wake, Wilson, and Wayne counties in North Carolina.

Advisors' Opinion:

• [By CRWE]

  Today, KSBI remains (0.00%) +0.000 at $7.50 thus far (ref. google finance 9:49AM EDT July 23, 2013).

  KS Bancorp, Inc. previously reported unaudited net income available to common shareholders of $200,000, or $.15 per diluted share, for the three months ended June 30, 2013, compared to a net income available to common shareholders of $86,000, or $.07 per diluted share, for the three months ended June 30, 2012. For the six months ended June 30, 2013, the Company reported net income available to common shareholders of $325,000, or $.25 per diluted share, compared to $314,000, or $.24 per diluted share, for the six months ended June 30, 2012

• [By CRWE]

  Last Friday, KSBI previously surged (+6.67%) up +0.50 at $8.00 with 235 shares in play at the close (ref. google finance July 26, 2013 ��Close).

  KS Bancorp, Inc. previously reported unaudited net income available to common shareholders of $200,000, or $.15 per diluted share, for the three months ended June 30, 2013, compared to a net income available to common shareholders of $86,000, or $.07 per diluted share, for the three months ended June 30, 2012. For the six months ended June 30, 2013, the Company reported net income available to common shareholders of $325,000, or $.25 per diluted share, compared to $314,000, or $.24 per diluted share, for the six months ended June 30, 2012

5 Best Bank Stocks To Invest In 2015: New York Community Bancorp Inc (NYCB)

New York Community Bancorp, Inc. is a bank holding company and a producer of multi-family mortgage loans in New York City, with an emphasis on apartment buildings that feature below-market rents. It has two bank subsidiaries: New York Community Bank (the Community Bank),New York Commercial Bank (the Commercial Bank. The Community Bank has 241 branches and operates through seven divisional banks. The Commercial Bank has 34 branches in Manhattan and operates 17 of its branches under the divisional name Atlantic Bank.

During the year ended December 31, 2011, all of the one-to-four family loans the Company originated was sold to government-sponsored enterprises (GSEs). In New York, the Company serves its Community Bank customers through Roslyn Savings Bank, with 55 branches on Long Island; Queens County Savings Bank, with 34 branches in the New York City borough of Queens; Richmond County Savings Bank, with 22 branches in the borough of Staten Island, and Roosevelt Savings Bank, with eight branches in the borough of Brooklyn. As of December 31, 2011, in the Bronx and neighboring Westchester County, the Company had four branches that operated directly under the name New York Community Bank.

In New Jersey, the Company serves its Community Bank customers through 51 branches that operate under the name Garden State Community Bank. In Florida and Arizona, where it has 25 and 14 branches, respectively, the Company serves its customers through the AmTrust Bank (AmTrust) division of the Community Bank. In Ohio, the Company serves its Community Bank customers through 28 branches of Ohio Savings Bank. Customers of the Community Bank and the Commercial Bank have access to their accounts through 261 of its 285 automatic teller machines (ATMs) locations in five states. The Company also serves its customers through three Websites, which include www.myNYCB.com, www.NewYorkCommercialBank.com and www.NYCBfamily.com.

Lending Activities

The Company�� principal asset is l! oans. Its loan portfolio consists of three components: covered loans, non-covered loans held for sale and non-covered loans held for investment. As of December 31, 2011, the balance of covered loans was $3.8 billion, of which $3.4 billion were one-to-four family loans. Non-covered loans held for sale consists of the one-to-four family loans that are originated for sale, primarily to GSEs. At December 31, 2011, the held-for-sale loan portfolio totaled $1.0 billion

As of December 31, 2011, loans held for investment consisted of loans that it originates for its own portfolio, and totaled $ 25.5 billion.

In addition to multi-family loans, loans held for investment include commercial real estate loans (CRE); acquisition, development and construction (ADC) loans; commercial and industrial loans (C&I), and one-to-four family loans. As of December 31, 2011, its multi-family loans represented $17.4 billion, or 68.3%, of total loans held for investment, and represented $5.8 billion, or 64.1%, of the total loans that it originated for investment. The multi-family loans it originates are typically secured by non-luxury apartment buildings in New York City. It also makes multi-family loans to property owners who are seeking to expand their real estate holdings by purchasing additional properties.

As of December 31, 2011, CRE loans represented $6.9 billion, or 26.9%, of total held for investment; ADC loans represented $445.7 million, or 1.7%, of total loans held for investment. Its ADC loan portfolio consists of loans that were originated for land acquisition, development, and construction of multi-family and residential tract projects in New York City and Long Island.

C&I loans represented $600.0 million, or 2.4%, of total held for investment. It also offers a range of loans to small and mid-size businesses for working capital (including inventory and receivables), business expansion, and the purchase of equipment and machinery. Non-covered one-to-four family loans totaled $127! .4 millio! n at December 31, 2011.

Investment Activities

The Company�� securities portfolio primarily consists of mortgage-related securities, and debt and equity (other) securities. Its investments include GSE certificates, GSE collateralized mortgage obligations (CMOs) and GSE debentures. The Community Bank and the Commercial Bank are members of the Federal Home Loan Bank of New York (FHLB-NY), one of 12 regional Federal Home Loan Banks (FHLBs) consisting of the FHLB system. As of December 31, 2011, the Company�� securities represented $4.5 billion, or 10.8%, of total assets. As of December 31, 2011, 93.7% of its securities portfolio consisted of GSE obligations; held-to-maturity securities represented $3.8 billion, or 84.0%, of total securities, and its investment in bank-owned life insurance (BOLI) was $769.0 million.

Source of Funds

The Company has four primary funding sources. These include the deposits that it added through its acquisitions or gathered through its branch network, and brokered deposits; wholesale borrowings, primarily in the form of FHLB advances and repurchase agreements with the FHLB and various brokerage firms; cash flows produced by the repayment and sale of loans, and cash flows produced by securities repayments and sales. As of December 31, 2011, deposits totaled $ 22.3 billion, which included certificates of deposit (CDs) of $7.4 billion; negotiable order withdrawal (NOW) and money market accounts of $8.8 billion; savings accounts of $ 4.0 billion, and non-interest-bearing accounts of $2.2 billion. As of December 31, 2011, the Company�� borrowed funds totaled $14.0 billion, loan repayments and sales generated cash flows of $15.0 billion, and securities sales and repayments generated cash flows of $4.2 billion.

Subsidiary Activities

As of December 31, 2011, Community Bank had 34 subsidiary corporations. Of these, 22 are direct subsidiaries of the Community Bank and 12 are subsidiaries of Community Bank! -owned en! tities. The 22 direct subsidiaries of the Community Bank include DHB Real Estate, LLC, Mt. Sinai Ventures, LLC, NYCB Community Development Corp., NYCB Mortgage Company, LLC, Eagle Rock Investment Corp., Pacific Urban Renewal, Inc., Somerset Manor Holding Corp., Synergy Capital Investments, Inc., 1400 Corp., BSR 1400 Corp., Bellingham Corp., Blizzard Realty Corp., CFS Investments, Inc., Main Omni Realty Corp., NYB Realty Holding Company, LLC, O.B. Ventures, LLC, RCBK Mortgage Corp., RCSB Corporation, RSB Agency, Inc., Richmond Enterprises, Inc. and Roslyn National Mortgage Corporation.

The 12 subsidiaries of Community Bank-owned entities include Bronx Realty Funding Company, LLC, Columbia Preferred Capital Corporation, Ferry Development Holding Company, Peter B. Cannell & Co., Inc., Roslyn Real Estate Asset Corp., Walnut Realty Funding Company, LLC, Woodhaven Investments Inc, Your New REO, LLC, Ironbound Investment Company, Inc.,The Hamlet at Olde Oyster Bay, LLC, The Hamlet at Willow Creek, LLC and Richmond County Capital Corporation.

The two direct subsidiaries of the Commercial Bank include Beta Investments, Inc., and Gramercy Leasing Services, Inc. The two subsidiaries of Commercial Bank-owned entities include Omega Commercial Mortgage Corp. and Long Island Commercial Capital Corp.

Advisors' Opinion:

• [By Tim Melvin]

  Khan was not incredibly active in the quarter, which isn�� surprising — he follows strict buying criteria related to book value and margin of safety, and tends to hold for much longer than most investors. Khan Brothers did take a stake in embattled smart phone company Blackberry (BBRY), which has gone on the auction block. The firm also upped its stake in BP (BP) by more than 500% during the third quarter and bought more shares of New York Community Bank (NYCB).

• [By Jessica Alling]

  Wednesday

  MBA purchase applications: Application activity rose 4.5% last week, even as interest rates remained flat. The rate of mortgage and refinancing applications fell earlier in April, giving banks and their shareholders some concerns about the ability to continue growth in their mortgage operations -- on of the leading drivers of many of the Big Four's record earnings. Earnings: New York Community Bancorp (NYSE: NYCB  ) : Another regional bank announces earnings on Wednesday, so investors should be keen to see if there is a trend among the smaller banks.

  Thursday

• [By Rick Munarriz]

  Wednesday
  New York Community Bancorp (NYSE: NYCB  ) is another regional banker reporting this week. One of its more notable features is its chunky dividend. A hefty yield of 7.3% will turn heads in just about any industry, but is it sustainable? Analysts see slight dips in revenue and earnings per share in Wednesday's report.