Private Initiatives, Merger Agreements, and Financial Results - Research Report on JPMorgan Chase, Texas Capital, Evercore

   Private Initiatives, Merger Agreements, and Financial Results - Research
 Report on JPMorgan Chase, Texas Capital, Evercore Partners, Altisource, and
                              Washington Banking

PR Newswire

NEW YORK, October 29, 2013

NEW YORK, October 29, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Analysts' Corner announced new research reports highlighting JPMorgan
Chase & Co. (NYSE: JPM), Texas Capital Bancshares Inc. (NASDAQ: TCBI),
Evercore Partners Inc. (NYSE: EVR), Altisource Portfolio Solutions S.A.
(NASDAQ: ASPS), and Washington Banking Co. (NASDAQ: WBCO). Today's readers may
access these reports free of charge - including full price targets, industry
analysis and analyst ratings - via the links below.

JPMorgan Chase & Co. Research Report

On October 22, 2013, JPMorgan Chase & Co. (JPMorgan Chase) reported that the
members of the 100,000 Jobs Mission, a private sector initiative launched by
the Company along with ten other companies in early 2011, have collectively
hired 92,869 U.S. military veterans through the Q3 2013. The Company stated
that the coalition has expanded to 121 companies, representing almost every
sector of the U.S. economy. Maureen Casey, Director of Military and Veterans
Affairs at JPMorgan Chase, commented, "Our coalition has made great progress.
But the 100,000 Jobs Mission is much more than a number. We are committed to
positioning veterans for long-term success and sharing best practices." The
Full Research Report on JPMorgan Chase & Co. - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at: [http://www.analystscorner.com/r/full_research_report/4b5b_JPM]

Texas Capital Bancshares Inc. Research Report

On October 23, 2013, Texas Capital Bancshares Inc. (Texas Capital) released
its Q3 2013 financial results. Texas Capital reported that net income
available to common shareholders was $31.0 million or $0.74 per diluted share
in Q3 2013, compared to net income available to common shareholders of $32.6
million or $0.80 per diluted share in Q3 2012. Commenting on the release,
George Jones, CEO stated, "Our quality growth, both in loans held for
investment and in deposits, continues. It is our commitment to our
shareholders to stay focused on those things that improve shareholder value."
The Full Research Report on Texas Capital Bancshares Inc. - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.analystscorner.com/r/full_research_report/494d_TCBI]

Evercore Partners Inc. Research Report

On October 23, 2013, Evercore Partners Inc. (Evercore Partners) released its
Q3 2013 financial results. GAAP net revenues of the Company were $188 million,
reflecting an increase of 22.8% YoY during the quarter. GAAP net income
attributable to Evercore Partners' Common Shareholders came in at $14 million
or $0.36 per diluted share in Q3 2013, compared to $5.3 million or $0.17 per
share in Q3 2012. Roger Altman, Executive Chairman, stated, "Evercore
continued to experience strong investment banking momentum, as revenues for
the first three quarters are up 30%. Our investment banking revenues of $161
million represent the third best quarterly result in our history, as we earned
fees of $1 million or more from 31 clients. We completed our Senior Managing
Director hiring for the year, announcing the addition of Matthew McAskin to
our Healthcare Services Team and the addition of Fernando Soriano to increase
our coverage of Latin America and Spain." The Full Research Report on Evercore
Partners Inc. - including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/802a_EVR]

Altisource Portfolio Solutions S.A. Research Report

On October 24, 2013, Altisource Portfolio Solutions S.A. (Altisource) released
its Q3 2013 financial results. Total revenue of the Company was $210.8
million, an increase of 46.4% YoY in Q3 2013. Net income attributable to
Altisource was reported to be $36.0 million or $1.42 per diluted share in Q3
2013, compared to $27.0 million or $1.08 per diluted share in Q3 2012.
Commenting on the release, Altisource's Chairman William Erbey stated, "We are
very pleased with our third quarter results and our execution against plan.
With our focus on developing marketplaces for the very large real estate and
mortgage spaces, we believe that we have exciting growth prospects." The Full
Research Report on Altisource Portfolio Solutions S.A. - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.analystscorner.com/r/full_research_report/b927_ASPS]

Washington Banking Co. Research Report

On October 23, 2013, Washington Banking Co. (Washington Banking) and Heritage
Financial Corporation (Heritage) jointly announced the signing of a definitive
agreement for a strategic merger to create one of the premier community
banking franchises in Western Washington and the Pacific Northwest. According
to Washington Banking, the combined company will have c.$3.3 billion in total
assets, $2.9 billion in total deposits and $2.3 billion in total loans with 73
branch locations across Washington and Oregon from Bellingham, Washington to
Portland, Oregon. The Company stated that the transaction is valued at
c.$265.1 million. Commenting on the agreement, Jack Wagner, President and CEO
of Washington Banking stated, "We are very excited about this partnership
between two of Western Washington's strongest community banks and we believe
the combined company is better positioned for continued growth and success
within our respective markets. The contiguous branch footprints along the I-5
corridor and complementary business models make this combination a natural
fit." The Full Research Report on Washington Banking Co. - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.analystscorner.com/r/full_research_report/e0a0_WBCO]

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