Now on a run rate of a dollar per in earnings. PE is less than 9. Bank is overcapitalized so they are either going to increase earning significantly or start returning capital in the next couple of years.....love this stock.
Sentiment: Strong Buy
I think this is a great move. I am going to retire on this stock...hope it goes lower so I can buy more. I think we are only a year or so away from them initiating a dividend and this helps.
It is time for the board to find a buyer. They cannot pay a dividend until they have recaptured all of the money they have lost. This could take 10 years, or more. The shareholders deserve better.
are there no banks to invest in these days? big ones suck, midsize ones are loaded with cre and the little ones can't get out of there own way. sheesh!
i guess we are stuck in oil plays or cd's at the majors at 5%.