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Mendon Capital Advisors Corp Buys Metropolitan Bank Holding Corp, VersaBank, U S Century Bank, Sells Howard Bancorp Inc, Wesbanco Inc, Jefferies Financial Group Inc

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Nov 09, 2021
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Rochester, NY, based Investment company Mendon Capital Advisors Corp (Current Portfolio) buys Metropolitan Bank Holding Corp, VersaBank, U S Century Bank, New York Community Bancorp Inc, Southern States Bancshares Inc, sells Howard Bancorp Inc, Wesbanco Inc, Jefferies Financial Group Inc, First BanCorp, CIT Group Inc during the 3-months ended 2021Q3, according to the most recent filings of the investment company, Mendon Capital Advisors Corp. As of 2021Q3, Mendon Capital Advisors Corp owns 63 stocks with a total value of $293 million. These are the details of the buys and sells.

For the details of Mendon Capital Advisors Corp's stock buys and sells, go to https://www.gurufocus.com/guru/mendon+capital+advisors+corp/current-portfolio/portfolio

These are the top 5 holdings of Mendon Capital Advisors Corp
  1. Live Oak Bancshares Inc (LOB) - 350,000 shares, 7.59% of the total portfolio.
  2. Veritex Holdings Inc (VBTX) - 400,000 shares, 5.36% of the total portfolio.
  3. Equity Bancshares Inc (EQBK) - 464,611 shares, 5.28% of the total portfolio. Shares reduced by 0.16%
  4. First Bancshares Inc (FBMS) - 339,735 shares, 4.49% of the total portfolio. Shares reduced by 4.49%
  5. Spirit of Texas Bancshares Inc (STXB) - 511,520 shares, 4.22% of the total portfolio. Shares added by 1.57%
New Purchase: Metropolitan Bank Holding Corp (MCB)

Mendon Capital Advisors Corp initiated holding in Metropolitan Bank Holding Corp. The purchase prices were between $56.91 and $86.95, with an estimated average price of $72.72. The stock is now traded at around $102.300000. The impact to a portfolio due to this purchase was 2.62%. The holding were 91,300 shares as of 2021-09-30.

New Purchase: VersaBank (VBNK)

Mendon Capital Advisors Corp initiated holding in VersaBank. The purchase prices were between $10.3 and $11.25, with an estimated average price of $10.61. The stock is now traded at around $13.080000. The impact to a portfolio due to this purchase was 2.4%. The holding were 636,790 shares as of 2021-09-30.

New Purchase: U S Century Bank (USCB)

Mendon Capital Advisors Corp initiated holding in U S Century Bank. The purchase prices were between $10.57 and $13.91, with an estimated average price of $11.93. The stock is now traded at around $13.350000. The impact to a portfolio due to this purchase was 1.97%. The holding were 472,802 shares as of 2021-09-30.

New Purchase: New York Community Bancorp Inc (NYCB)

Mendon Capital Advisors Corp initiated holding in New York Community Bancorp Inc. The purchase prices were between $10.92 and $13.13, with an estimated average price of $12.09. The stock is now traded at around $12.600000. The impact to a portfolio due to this purchase was 1.35%. The holding were 307,349 shares as of 2021-09-30.

New Purchase: Southern States Bancshares Inc (SSBK)

Mendon Capital Advisors Corp initiated holding in Southern States Bancshares Inc. The purchase prices were between $19 and $19.85, with an estimated average price of $19.46. The stock is now traded at around $20.000000. The impact to a portfolio due to this purchase was 1.19%. The holding were 182,941 shares as of 2021-09-30.

New Purchase: Colony Bankcorp Inc (CBAN)

Mendon Capital Advisors Corp initiated holding in Colony Bankcorp Inc. The purchase prices were between $16.81 and $18.62, with an estimated average price of $17.97. The stock is now traded at around $18.950000. The impact to a portfolio due to this purchase was 1.03%. The holding were 161,870 shares as of 2021-09-30.

Added: Coastal Financial Corp (CCB)

Mendon Capital Advisors Corp added to a holding in Coastal Financial Corp by 541.04%. The purchase prices were between $27.5 and $33.03, with an estimated average price of $29.79. The stock is now traded at around $42.860000. The impact to a portfolio due to this purchase was 0.97%. The holding were 105,650 shares as of 2021-09-30.

Added: Amerant Bancorp Inc (AMTBB)

Mendon Capital Advisors Corp added to a holding in Amerant Bancorp Inc by 157.75%. The purchase prices were between $18.18 and $24.3, with an estimated average price of $20.61. The stock is now traded at around $27.550000. The impact to a portfolio due to this purchase was 0.97%. The holding were 200,000 shares as of 2021-09-30.

Added: MVB Financial Corp (MVBF)

Mendon Capital Advisors Corp added to a holding in MVB Financial Corp by 37.50%. The purchase prices were between $38.32 and $44.11, with an estimated average price of $40.75. The stock is now traded at around $41.810000. The impact to a portfolio due to this purchase was 0.22%. The holding were 55,000 shares as of 2021-09-30.

Added: Old Second Bancorp Inc (OSBC)

Mendon Capital Advisors Corp added to a holding in Old Second Bancorp Inc by 33.33%. The purchase prices were between $11.2 and $13.19, with an estimated average price of $12.01. The stock is now traded at around $13.840000. The impact to a portfolio due to this purchase was 0.22%. The holding were 200,000 shares as of 2021-09-30.

Sold Out: Wesbanco Inc (WSBC)

Mendon Capital Advisors Corp sold out a holding in Wesbanco Inc. The sale prices were between $30.55 and $36.12, with an estimated average price of $33.15.

Sold Out: Jefferies Financial Group Inc (JEF)

Mendon Capital Advisors Corp sold out a holding in Jefferies Financial Group Inc. The sale prices were between $31.01 and $37.85, with an estimated average price of $35.01.

Sold Out: First Busey Corp (BUSE)

Mendon Capital Advisors Corp sold out a holding in First Busey Corp. The sale prices were between $22.29 and $25.19, with an estimated average price of $23.64.

Sold Out: Popular Inc (BPOP)

Mendon Capital Advisors Corp sold out a holding in Popular Inc. The sale prices were between $69.13 and $79.03, with an estimated average price of $74.44.

Sold Out: Bank of America Corp (BAC)

Mendon Capital Advisors Corp sold out a holding in Bank of America Corp. The sale prices were between $36.93 and $43.26, with an estimated average price of $40.31.

Sold Out: Foley Trasimene Acquisition Corp (WPF.U)

Mendon Capital Advisors Corp sold out a holding in Foley Trasimene Acquisition Corp. The sale prices were between $10.5 and $10.72, with an estimated average price of $10.61.



Here is the complete portfolio of Mendon Capital Advisors Corp. Also check out:

1. Mendon Capital Advisors Corp's Undervalued Stocks
2. Mendon Capital Advisors Corp's Top Growth Companies, and
3. Mendon Capital Advisors Corp's High Yield stocks
4. Stocks that Mendon Capital Advisors Corp keeps buying
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