Anthony Polini and Nicole Gulino 

Anthony is the Director of Research at ACP and specializes in the Banking industry. Anthony was previously a Sell Side analyst at Raymond James Financial. His employement resume prior to Raymond James Financial include, Pru-Bach Securities, A.G. Edwards, Midwest Research, and Advest, Inc. Throughout the years he has received numerous professional accolades and has been frequently quoted by the press. He has appeared regularly on CNBC, as well as various TV news and business programs. He earned his B.A. in Psychology and Philosophy from the University of Pennsylvania and has an MBA in Finance from St. John's University.

Nicole is a Senior Research Analyst and will be responsible for the development of research for the firm. Nicole was previously Senior Research Associate at Raymond James Financial and predominantly focused on Northeast-based regional and community banks. She earned her B.S. in Business Administration with a double concentration in Finance and Marketing from Boston University.



Rating and Target Price History:  Not applicable.

Industry and Company Specific Risk Factors:

Risks include various industry, macroeconomic, geopolitical, and market-related variables, including credit quality, sudden changes in interest rates, changes in economic activity, integration risk, and regulatory concerns. Furthermore, competition for loans and deposits could exert downward pressure on revenue growth, as could a challenging operating environment marked by very low interest rates and a flattening of the Treasury yield curve.


Analyst Certification:

The research analysts whose names appears on this research report certify that: (1) all of the views expressed in this research report accurately reflect their personal views about the subject security or issuer, and (2) no part of the research analysts’ compensation was, is, or will be directly or indirectly related to the specific recommendations or views expressed by the research analysts in this research report.


Analyst Compensation:

The compensation of a research analyst is based upon a number of factors, including the firm’s revenue from investment banking and other activities. No research analyst receives any compensation based on revenues from a specific investment banking transaction.


Certain Interests with Companies Covered in this Report:

American Capital Partners, LLC co-managed a follow-on offering of NYCB shares within the past 3 months.

Ratings System:

Strong Buy:               We expect this stock to outperform regional bank peers and broad market

                                    indices (as measured by the S&P 500 and Russell 2000) over the next 12


Buy:                            We expect this stock to outperform regional bank peers over the next 12


Neutral (Hold):           We expect this stock to perform in line with regional bank peers over the next

                                    12 months.

Underperform (Sell): We expect this stock to underperform regional bank peers over the next 12 


Distribution of Ratings: (Example)


Coverage Universe:                                                           Investment Banking Clients (a):

Strong Buy: 14.3%.                                                              Strong Buy: 50.0%.

Buy: 50.0%.                                                                          Buy: 0.0%.

Neutral: 35.7%.                                                                     Neutral: 0.0%.

Underperform: 0.0%.                                                            Underperform: 0.0%.

(a) Related to services provided within the past 12 months.

Certain Interests in Securities Covered in the Report:

American Capital Partners, LLC prohibits research analysts and members of their households from maintaining a financial interest in securities or options of any company covered by the analyst. The research analyst does not receive any compensation based on revenues received from any specific investment banking transaction. If American Capital Partners, LLC was making a market in securities covered in this report at the time this report was published, then that fact is disclosed below.

Important Information on the Preparation and Use of this Report:

American Capital Partners, LLC is located at 205 Oser Avenue, Hauppauge, New York 11788, 631-851-0918, is a member of FINRA and is responsible for the preparation and distribution of this report. This report is not directed to, or intended for distribution to or use by, any person or entity that is a citizen or resident of or located in any locality, state, country or other jurisdiction where such distribution, publication availability or use is not permitted by law or regulation. Further, the securities discussed in this report may not be eligible for sale in some jurisdictions. This report is not an offer to sell or the solicitation of an offer to purchase any security in any jurisdiction where such an offer or solicitation would be illegal. Investors in certain states or other jurisdictions may be prohibited from purchasing the subject securities in this report. Your Financial Advisor can provide additional information to determine if the subject security may be purchased in your state.

The information contained in this report is not a complete analysis of every material fact representing the companies. It was obtained from various sources which although we believe to be reliable, we do not guarantee its accuracy or completeness. The details, opinions, or recommendations contained in this report speak only to the date of this report and are subject to change without notice.

This report does not constitute an offer, or a solicitation to buy or sell any securities, including those of companies mentioned in this report. The securities or strategies discussed in this report may not be suitable for all investors, and it is recommended that investors seek financial advice regarding the appropriateness of investing in any securities or investment strategies mentioned in any report. Investors are cautioned that statements regarding future prospects may not be realized and past performance is not necessarily indicative of future performance.

This report or any portion thereof may not be reproduced or redistributed by any person for any purpose without the written consent of American Capital Partners, LLC.

Click links for FINRA Broker Check:

Anthony Polini


Nicole Gulino