First Niagara Financial (NASDAQ: FNFG) has had a rough 5-year stretch. Its shares are down nearly 30%, while the S&P 500 has returned over 100%. Ill-timed acquisitions hurt the stock, and the bank's recent earnings didn't help confidence. In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss the bank and its outlook.
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Here’s Why Shares of First Niagara Financial Group Inc. Sank Today
By David Hanson and Matt Koppenheffer
–
Jan 24, 2014 at 9:55PM
First Niagara checks in with investors.
David Hanson owns shares of PNC Financial Services. Matt Koppenheffer owns shares of PNC Financial Services. The Motley Fool owns shares of PNC Financial Services. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Stocks Mentioned
PNC Financial Services
PNC
$131.89
(3.56%)
$4.54
HSBC Holdings
HSBC
$33.95
(2.09%)
$0.69
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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