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Enter Symbol:
 
First Mariner Bancorp (FMARQ) [hlAlert]

Rating:
Sell FMAR
up 2,700.00 %

First Mariner Bancorp (FMAR) rated Sell by Stifel Nicolaus

Posted on: Wednesday,  Oct 29, 2008  8:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Sell First Mariner Bancorp (OTCBB: FMARQ) on 10/29/2008, when the stock price was $1.40. Since
then, First Mariner Bancorp has lost 96.43% as of 10/10/2014's recent price of $0.05.
If you would have followed this Stifel Nicolaus's recommendation on FMARQ, you would have gained 2700% of your investment in 2172 days.

First Mariner Bancorp (First Mariner) is a bank holding company whose business is conducted primarily through its wholly owned operating subsidiaries, which includes First Mariner Bank (the Bank), Mariner Finance, LLC (Mariner Finance) and FM Appraisals, LLC (FM Appraisals). The Bank is engaged in the general commercial banking business, with particular attention and emphasis on the needs of individuals and small to mid-sized businesses, and delivers a e range of financial products and services. Products and services include deposit products, a variety of consumer and commercial loans, residential and commercial mortgage and construction loans, money transfer services, and Internet banking and similar services. The Company operates in three business segments: commercial and consumer banking, consumer finance, and mortgage-banking. On December 31, 2008, Mariner Finance acquired Loans USA, Incorporated and its subsidiary, Loans USA Consumer Discount Company of PA, Inc.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/29/2008 8:25 AM Sell
None
1.40
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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