Ratings by Raymond James (Daniel Tamayo)

Date CompanySymbol Type Rating
(Past)
PT
(Past)
Start $
(End $)
% Chg. Details
6/23/2026 Nicolet Bankshares NIC New Coverage Market Perform
(N/A)
151.25
(152.79)
1.02% Details
4/30/2026 First Mid-Illinois Bancshares FMBH Maintain Outperform
(N/A)
 
 
  Details
4/27/2026 Enterprise Financial Services EFSC New Coverage Outperform
(N/A)
58.83
(65.03)
10.54% Details
4/27/2026 QCR Holdings QCRH Maintain Outperform
(N/A)
 
 
  Details
4/27/2026 Fulton Financial FULT Maintain Outperform
(N/A)
 
 
  Details
4/27/2026 First Financial Bancorp FFBC Maintain Outperform
(N/A)
 
 
  Details
4/27/2026 First Business Financial FBIZ Maintain Outperform
(N/A)
 
 
  Details
4/27/2026 ConnectOne Bankcorp CNOB Maintain Strong Buy
(N/A)
 
 
  Details
3/12/2026 WesBanco WSBC Maintain Strong Buy
(N/A)
 
 
  Details
2/11/2026 Webster Financial WBS Downgrade Market Perform
(Outperform)
73.21
(75.59)
3.25% Details
1/26/2026 Community Trust Bancorp CTBI Maintain Outperform
(N/A)
 
 
  Details
1/22/2026 F.N.B. Corporation FNB Maintain Outperform
(N/A)
 
 
  Details
1/21/2026 Mercantile Bank Corporation MBWM Maintain Outperform
(N/A)
 
 
  Details
1/7/2026 Webster Financial WBS Maintain Outperform
(N/A)
 
 
  Details
1/7/2026 Mercantile Bank Corporation MBWM Maintain Outperform
(N/A)
 
 
  Details
12/31/2025 OceanFirst Financial OCFC Downgrade Market Perform
(Outperform)
19.59
(18.62)
-4.95% Details
10/20/2025 Webster Financial WBS Maintain Outperform
(N/A)
 
 
  Details
10/15/2025 Community Trust Bancorp CTBI Maintain Outperform
(N/A)
 
 
  Details
9/26/2025 First Merchants FRME Downgrade Market Perform
(Outperform)
39.53
(42.01)
6.27% Details
8/29/2025 First Busey BUSE Maintain Outperform
(N/A)
 
 
  Details
7/24/2025 Mercantile Bank Corporation MBWM Upgrade Outperform
(Market Perform)
48.91
(53.84)
10.08% Details
7/22/2025 Mercantile Bank Corporation MBWM Maintain Market Perform
(N/A)
 
 
  Details
7/18/2025 F.N.B. Corporation FNB Maintain Outperform
(N/A)
 
 
  Details
7/17/2025 Community Trust Bancorp CTBI Maintain Outperform
(N/A)
 
 
  Details
6/25/2025 First Financial Bancorp FFBC Maintain Market Perform
(N/A)
 
 
  Details
6/24/2025 First Financial Bancorp FFBC Maintain Market Perform
(N/A)
 
 
  Details
6/3/2025 ACNB Corp. ACNB Maintain Outperform
(N/A)
 
 
  Details
4/28/2025 First Business Financial FBIZ Maintain Outperform
(N/A)
 
 
  Details
4/21/2025 Farmers National Banc FMNB Maintain Outperform
(N/A)
 
 
  Details
4/17/2025 F.N.B. Corporation FNB Maintain Outperform
(N/A)
 
 
  Details
3/21/2025 ACNB Corp. ACNB New Coverage Outperform
(N/A)
41.25
(59.06)
43.18% Details
3/20/2025 First Merchants FRME Maintain Outperform
(N/A)
 
 
  Details
1/31/2025 S&T Bancorp Inc. STBA Maintain Market Perform
(N/A)
 
 
  Details
1/22/2025 F.N.B. Corporation FNB Maintain Outperform
(N/A)
 
 
  Details
1/17/2025 Webster Financial WBS Maintain Outperform
(N/A)
 
 
  Details
12/19/2024 OceanFirst Financial OCFC Upgrade Strong Buy
(Outperform)
17.94
(19.59)
9.2% Details
11/21/2024 F.N.B. Corporation FNB Maintain Outperform
(N/A)
 
 
  Details
10/21/2024 OceanFirst Financial OCFC Maintain Outperform
(N/A)
 
 
  Details
10/18/2024 Community Trust Bancorp CTBI Upgrade Outperform
(Market Perform)
52.38
(70.18)
33.98% Details
7/26/2024 First Busey BUSE Maintain Outperform
(N/A)
 
 
  Details
4/19/2024 F.N.B. Corporation FNB Maintain Outperform
(N/A)
 
 
  Details
1/5/2024 OceanFirst Financial OCFC Upgrade Outperform
(Market Perform)
16.97
(18.62)
9.72% Details
1/5/2024 Farmers National Banc FMNB Upgrade Outperform
(Market Perform)
13.92
(14.41)
3.52% Details
10/23/2023 Webster Financial WBS Maintain Outperform
(N/A)
 
 
  Details
7/31/2023 First Business Financial FBIZ Maintain Outperform
(N/A)
 
 
  Details
7/31/2023 First Busey BUSE Maintain Outperform
(N/A)
 
 
  Details
7/31/2023 ConnectOne Bankcorp CNOB Upgrade Strong Buy
(Market Perform)
19.89
(33.29)
67.37% Details
7/31/2023 First Bancorp FBNC Downgrade Market Perform
(Outperform)
34.19
(62.44)
82.63% Details
7/27/2023 First Merchants FRME Maintain Outperform
(N/A)
 
 
  Details
7/24/2023 Webster Financial WBS Maintain Outperform
(N/A)
 
 
  Details
5/1/2023 First Mid-Illinois Bancshares FMBH Maintain Outperform
(N/A)
 
 
  Details
4/26/2023 First Merchants FRME Maintain Outperform
(N/A)
 
 
  Details
4/24/2023 Webster Financial WBS Maintain Outperform
(N/A)
 
 
  Details
4/6/2023 Webster Financial WBS Maintain Outperform
(N/A)
 
 
  Details
4/6/2023 First Merchants FRME Maintain Outperform
(N/A)
 
 
  Details
4/6/2023 First Business Financial FBIZ Maintain Outperform
(N/A)
 
 
  Details
4/6/2023 First Busey BUSE Maintain Outperform
(N/A)
 
 
  Details
4/6/2023 First Bancorp FBNC Maintain Outperform
(N/A)
 
 
  Details
4/6/2023 F.N.B. Corporation FNB Maintain Outperform
(N/A)
 
 
  Details
2/24/2023 Limestone LMST Downgrade Market Perform
(Outperform)
27.20
(23.42)
-13.9% Details
2/21/2023 First Merchants FRME Downgrade Outperform
(Strong Buy)
42.29
(39.53)
-6.53% Details
1/30/2023 First Mid-Illinois Bancshares FMBH Maintain Outperform
(N/A)
 
 
  Details
1/30/2023 First Merchants FRME Maintain Strong Buy
(N/A)
 
 
  Details
1/30/2023 First Busey BUSE Maintain Outperform
(N/A)
 
 
  Details
1/30/2023 First Bancorp FBNC Maintain Outperform
(N/A)
 
 
  Details
1/18/2023 Mercantile Bank Corporation MBWM Downgrade Market Perform
(Outperform)
35.08
(48.91)
39.42% Details
11/17/2022 OceanFirst Financial OCFC New Coverage Market Perform
(N/A)
23.69
(18.62)
-21.4% Details
11/4/2022 Webster Financial WBS New Coverage Outperform
(N/A)
52.27
(73.21)
40.06% Details
10/31/2022 First Mid-Illinois Bancshares FMBH Maintain Outperform
(N/A)
 
 
  Details
10/31/2022 First Business Financial FBIZ Maintain Outperform
(N/A)
 
 
  Details
10/31/2022 First Bancorp FBNC Maintain Outperform
(N/A)
 
 
  Details
10/26/2022 First Merchants FRME Maintain Strong Buy
(N/A)
 
 
  Details
10/6/2022 Mercantile Bank Corporation MBWM Downgrade Outperform
(Strong Buy)
31.77
(53.84)
69.47% Details
10/6/2022 Farmers National Banc FMNB Downgrade Market Perform
(Outperform)
12.99
(14.41)
10.93% Details
8/1/2022 Farmers National Banc FMNB Maintain Outperform
(N/A)
 
 
  Details
8/1/2022 First Bancorp FBNC Maintain Outperform
(N/A)
 
 
  Details
7/29/2022 First Busey BUSE Maintain Outperform
(N/A)
 
 
  Details
7/7/2022 First Mid-Illinois Bancshares FMBH Downgrade Market Perform
(Outperform)
36.22
(47.21)
30.34% Details
6/23/2022 First Bancorp FBNC Maintain Outperform
(N/A)
 
 
  Details
5/2/2022 First Bancorp FBNC Maintain Outperform
(N/A)
 
 
  Details
5/2/2022 Farmers National Banc FMNB Maintain Outperform
(N/A)
 
 
  Details
5/2/2022 First Busey BUSE Maintain Outperform
(N/A)
 
 
  Details
4/25/2022 Limestone LMST Maintain Outperform
(N/A)
 
 
  Details
3/2/2022 Mercantile Bank Corporation MBWM Upgrade Strong Buy
(Outperform)
36.87
(31.77)
-13.83% Details
2/28/2022 First Bancorp FBNC New Coverage Outperform
(N/A)
44.81
(62.44)
39.34% Details
1/31/2022 First Merchants FRME Maintain Outperform
(N/A)
 
 
  Details
1/31/2022 First Busey BUSE Upgrade Outperform
(Market Perform)
27.60
(28.91)
4.75% Details
1/25/2022 Guaranty Federal Bancshares GFED Maintain Outperform
(N/A)
 
 
  Details
1/24/2022 Limestone LMST Maintain Outperform
(N/A)
 
 
  Details
1/19/2022 Mercantile Bank Corporation MBWM Upgrade Outperform
(Market Perform)
38.64
(53.84)
39.34% Details
1/6/2022 Farmers National Banc FMNB Maintain Outperform
(N/A)
 
 
  Details
11/1/2021 Farmers National Banc FMNB Maintain Outperform
(N/A)
 
 
  Details
10/25/2021 Limestone LMST Maintain Outperform
(N/A)
 
 
  Details
7/28/2021 First Merchants FRME Maintain Outperform
(N/A)
 
 
  Details
6/7/2021 First Business Financial FBIZ Maintain Outperform
(N/A)
 
 
  Details
6/3/2021 Limestone LMST Maintain Outperform
(N/A)
 
 
  Details
4/27/2021 First Merchants FRME Maintain Outperform
(N/A)
 
 
  Details
4/7/2021 Guaranty Federal Bancshares GFED Upgrade Outperform
(Market Perform)
19.31
(31.43)
62.77% Details
3/16/2021 Farmers National Banc FMNB Maintain Outperform
(N/A)
 
 
  Details
2/1/2021 Farmers National Banc FMNB Maintain Outperform
(N/A)
 
 
  Details
2/1/2021 First Business Financial FBIZ Maintain Outperform
(N/A)
 
 
  Details
1/25/2021 Limestone LMST Upgrade Outperform
(Market Perform)
13.76
(23.42)
70.2% Details
6/17/2020 Farmers National Banc FMNB Upgrade Outperform
(Market Perform)
12.02
(12.99)
8.07% Details
6/17/2020 First Merchants FRME Downgrade Market Perform
(Outperform)
28.62
(42.01)
46.79% Details
6/17/2020 Guaranty Federal Bancshares GFED Downgrade Market Perform
(Outperform)
16.90
(31.43)
85.98% Details
6/17/2020 First Mid-Illinois Bancshares FMBH Downgrade Market Perform
(Strong Buy)
26.84
(47.21)
75.89% Details
6/17/2020 First Defiance Financial FDEF Upgrade Outperform
(Market Perform)
18.31
(18.12)
-1.04% Details
6/17/2020 First Business Financial FBIZ Upgrade Outperform
(Market Perform)
16.28
(62.03)
281.02% Details
4/22/2020 Tristate Capital Holdings TSC Maintain Outperform
(N/A)
 
 
  Details
4/6/2020 First Mid-Illinois Bancshares FMBH Upgrade Strong Buy
(Outperform)
21.52
(47.21)
119.38% Details