This bank is liquidating
I agree with this, and it apparently will continue.
Looking for safe dividend income. I know that earnings does not cover dividend and this is generally a red flag. On the other hand they have enough capital to keep paying it out until earnings grow. Is there anyone close to the situation who would like to comment on possible dividend cut during next few years.
So what's new. The earnings never support the dividends. This company ain't going nowhere, but lower.