Back to top

Analyst Blog

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at or call 800-767-3771 ext.  9339.

On Jul 11, Zacks Investment Research upgraded Fox Chase Bancorp, Inc. (FXCB - Snapshot Report) to a Zacks Rank #1 (Strong Buy).

Why the Upgrade?

Fox Chase Bancorp has been witnessing rising earnings estimates following the announcement of strong first-quarter 2013 results. Moreover, this regional bank delivered positive earnings surprises in 3 of the last 4 quarters with an average beat of 25.9%.

Further, Fox Chase Bancorp is scheduled to announce second-quarter results on Jul 18.  The Zacks Consensus Estimate for the quarter is pegged at 11 cents per share. Moreover, the Zacks Consensus Estimate for 2013 advanced 7.0% to 46 cents over the last 90 days. Over the same time period, the Zacks Consensus Estimate for 2014 moved up by a penny to 42 cents per share.

Fox Chase Bancorp reported first-quarter 2013 results on Apr 24. Earnings per share beat the Zacks Consensus Estimate by a nickel and the year-ago earnings by 60%. Results benefited from higher fee income, partially offset by a rise in expenses and a drop in net interest income. Additionally, Fox Chase Bancorp saw strong capital and profitability ratios.

Moreover, asset quality during the quarter witnessed improvement. Provision for loan losses declined 50% year over year to $0.6 million. Further, ratio of allowance for loan losses was 1.68% of total loans, down 4 basis points from the prior-year quarter.

Other Stocks to Consider

While we prefer Fox Chase Bancorp, other banks carrying a Zacks Rank #1 include Pacific Continental Corp. (PCBK - Snapshot Report), Banner Corporation (BANR - Snapshot Report) and First Interstate Bancsystem Inc. (FIBK - Snapshot Report).

Please login to or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research


Are you a new Zacks Member or a visitor to

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
DIXIE GRP IN DXYN 15.84 +7.90%
BOFI HLDG IN BOFI 85.30 +4.97%
RAMBUS INC RMBS 12.31 +4.41%
VIPSHOP HOLD VIPS 148.73 +4.35%
NETFLIX INC NFLX 345.74 +4.32%