Analyst Information


Nathan Race

Sr. Research Analyst

Nathan Race

 Nathan Race is a vice president and senior research analyst responsible for covering Midwest banks. Prior to joining Piper Jaffray in 2015, Race spent four years as a SMID cap bank equity research analyst at Sterne Agee. Previously, Race worked for a proprietary commodities and options trading firm at the Chicago Board of Trade as well as for a Chicago-based commercial bank. Race earned a bachelor's degree in economics and international business from Rollins College.


Robert Shone
Research Analyst
Universe Coverage:
Financial Services:   Midwest Banks
SRCE1st Source Corporation
ASBAssociated Banc-Corp
BYByline Bancorp, Inc.
CHFCChemical Financial Corp.
CBSHCommerce Bancshares, Inc.
EFSCEnterprise Financial Services Corp
BUSEFirst Busey Corporation
FFBCFirst Financial Bancorp
FRMEFirst Merchants Corporation
FMBIFirst Midwest Bancorp, Inc.
GWBGreat Western Bancorp, Inc.
HTLFHeartland Financial USA, Inc.
HBNCHorizon Bancorp
LEVLLevel One Bancorp, Inc.
MFNCMackinac Financial Corporation
MBFIMB Financial, Inc.
MOFGMidWestOne Financial Group, Inc.
ONBOld National Bancorp
QCRHQCR Holdings Inc.
TCFTCF Financial Corporation
UMBFUMB Financial Corporation
WTFCWintrust Financial Corporation