Farmers Capital Bank Corp (FFKT) was Initiated by Sandler O’Neill to “Buy”. Sandler O’Neill advised their investors in a research report released on Oct 7, 2016.
Farmers Capital Bank Corp opened for trading at $31 and hit $31.49 on the upside on Friday, eventually ending the session at $31.3, with a gain of 1.23% or 0.38 points. The heightened volatility saw the trading volume jump to 10,407 shares. Company has a market cap of $235 M.
In a different news, on Sep 29, 2016, William C. Nash (director) purchased 30 shares at $30.11 per share price. According to the SEC, on Aug 18, 2016, John C Roach (director) purchased 1,000 shares at $29.00 per share price. On Feb 22, 2016, David Young Phelps (director) purchased 1,000 shares at $25.45 per share price, according to the Form-4 filing with the securities and exchange commission.
Farmers Capital Bank Corporation is a bank holding company with four wholly owned bank subsidiaries. The Company provides a range of financial services through a network of around 36 locations in 23 communities throughout Central and Northern Kentucky to individual business agriculture Government and educational customers. Its primary deposit products are checking savings and term certificate accounts. Its primary lending products are residential mortgage commercial lending and consumer installment loans. The Company also offers other services including cash management services issuing letters of credit safe deposit box rental and providing funds transfer services. The Company’s four bank subsidiaries include Farmers Bank & Capital Trust Company (Farmers Bank) United Bank & Trust Company (United Bank) First Citizens Bank (First Citizens)and Citizens Bank of Northern Kentucky Inc. (Citizens Northern).