Boenning & Scattergood Announces Addition of Dan Cardenas as Research Analyst

Dan CardenasDan Cardenas (Submitted Image)

WEST CONSHOHOCKEN, PA — Boenning & Scattergood, Inc. this week announced that Dan Cardenas has joined its equity research team as Director, Senior Analyst covering Banks & Thrifts.

“We are thrilled to welcome Dan to the research team,” stated Ryan Connors, Director of Research at Boenning & Scattergood. “Banks & Thrifts is a core industry vertical for our firm, and Dan’s extensive experience in the space will provide both our retail and institutional clients with timely industry insights and actionable investment ideas.”

Prior to joining Boenning & Scattergood, Mr. Cardenas served for nine years as a Senior Research Analyst at Raymond James Financial, where he was responsible for providing equity research coverage on financial institutions primarily located in the Midwest and Southeast. Mr. Cardenas started his career in equity research in 1993 at Howe Barnes Hoefer & Arnett, where he developed and led the equity research efforts for the firm for close to 20 years. Earlier in his career, he was an Examiner with the Federal Reserve Bank of Chicago.

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“Boenning & Scattergood is committed to our presence in the Community Bank sector, and we’re investing the necessary resources to ensure our clients have access to the best subject matter experts providing unbiased recommendations to help them navigate the constantly changing industry and economic landscape,” commented Andrew Maddaloni, Head of Equities at Boenning & Scattergood.

“I am very pleased to be joining the outstanding team at Boenning. The firm is strongly committed to the banking industry, and I look forward to providing quality research to bank stock investors in the years ahead,” said Dan Cardenas.

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