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AmericanWest Bancorporation (AWBC) [hlAlert]

Rating:
Underperform
AWBC
up 7,378.26 %

Americanwest Bancorporation (AWBC) downgraded to Underperform with price target $1.50 by DA Davidson

Posted on: Friday,  Jul 25, 2008  11:25 AM ET by DA Davidson

DA Davidson rated Underperform Americanwest Bancorporation (OTCBB: AWBCQ) on 07/25/2008, when the stock price was $1.72. Since
then, Americanwest Bancorporation has lost 98.66% as of 09/06/2013's recent price of $0.02.
If you would have followed this DA Davidson's recommendation on AWBCQ, you would have gained 7378.26% of your investment in 1869 days.

AmericanWest Bancorporation is a bank holding company. The Company?s wholly owned subsidiary is AmericanWest Bank (Bank), a Washington state chartered bank that operates in Eastern and Central Washington, Northern Idaho and in Utah doing business as Far West Bank. At December 31, 2008, the Company had total assets of $1.9 billion, net loans of $1.6 billion and deposits of $1.6 billion. The Company also has four statutory trust subsidiaries which were formed for the sole purpose of issuing trust preferred securities. The Bank?s business consists mainly of gathering deposits and providing loans to enable its customers to meet their financial objectives. The Bank offers a variety of deposit accounts designed to attract both short-term and long-term deposits from its retail and business customers. These accounts include checking accounts, negotiable order of withdrawal (NOW) accounts, money market demand accounts (MMDA), savings accounts and time deposits.

By offering a full menu of integrated brokerage, capital markets, money management, trust and wealth management services, Davidson Companies has grown to become one of the nation’s leading regional financial services holding companies. Headquartered in Montana, the company has a reach that stretches across 16 states – and we continue to grow. More importantly, we continue to expand the variety and quality of products and services we provide our clients. We work to find more ways to bring you the best in integrated financial services. That’s our commitment to you. The Davidson Companies family includes: * D.A. Davidson & Co., the largest full-service investment firm based in the Northwest and a leader in investment banking and company research for the region; * Davidson Investment Advisors, a professional money management firm; * Davidson Trust Co., a wealth management and trust firm; * Davidson Fixed Income Management, a registered investment adviser providing fixed income services; * and Davidson Travel, a full-service travel agency. Welcome to Davidson Companies, offering excellence in financial services.
as of 1/1/0001
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(*) Stock Price at the time of the recommendation.
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