This company has become the pits.I am certain That the board,mgmt,and all their cronies are doing just fine.Their salaries and bonuses not to mention fringe benefits are all well and secure,but what about us POOR shareholders??Mngt and board need to go,we the shareholders deserve better than these elitist group of morons who are taking all of us to the cleaners.
They have one of the lowest write of percentage in the industry
They have one of the lowest non performing loans percentages in the industry
They have one of the lowest delinquency percentages in the industry
They have grown to become own of the 50 biggest banks in the country
They have reached the point where profits cover 100% of the dividend
The pe has been dropping from quarter to quarter as the profits rise.
The dividend yield is 4.9%
To keep the dividend aristocrat designation they should continue to raise the dividend annually baring a major set back.
The stock might seem boring and might move up too slowly for some tastes but I would not be expecting a major pullback unless you know something about the health of the bank that is not public information.