DALLAS, July 26, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Citizens Republic Bancorp Inc. (Nasdaq:CRBC). The report includes financial, comparative and investment analyses, and recent company news that you need to know to make an educated investment decision.
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The full report is available at: http://www.microstockprofit.com/lp/CRBC
CRBC's MACD is currently indicating a weak bullish signal. Although the MACD is trending above the signal line, the indicator is still below zero, which suggests that the underlying moving averages are bearish.
Citizens Republic Bancorp Inc. (CRBC) is a diversified banking and financial services company that is registered as a bank holding company. CRBC provides a range of banking and financial services to individuals and businesses through its subsidiaries Citizens Bank and F&M Bank, Iowa. The Company operates in three divisions: Specialty Commercial, Regional Banking and Wealth Management. These services include deposit products, such as checking, savings and money market accounts, and loan products, such as business, personal, residential and commercial mortgage loans, and other consumer-oriented financial services, such as individual retirement account (IRA) accounts and safe deposit and night depository facilities. Automated Teller Machines (ATMs), which provide around the clock banking services to customers, are installed in many locations in the Corporation's service areas.
Message Board Search for CRBC: http://www.boardcentral.com/boards/CRBC
In the report, the analyst notes:
"CRBC announced a net loss from continuing operations of $44.5 million for the three months ended June 30, 2010, compared with net losses of $76.0 million for the first quarter of 2010 and $336.9 million for the second quarter of 2009. The second quarter of 2009 included a non-cash and non-tax-deductible goodwill impairment charge of $256.3 million.
"The Wealth Management division offers asset management, financial planning, estate settlement and administration, and credit and deposit products and services, as well as trust and investment services. This division also offers retail mutual funds and other securities, variable and fixed annuities, personal disability and life insurance products, and brokerage services."
To read the entire report visit: http://www.microstockprofit.com/lp/CRBC
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