Has anyone except management made any money on this stock?
It has been a few years now since a public offering brought billions in capital into PBCT. Management sits around doing nothing- paying themselves from the pile of shareholder money that they had nothing to do with. The pile dwindles, management pats themselves on the back for keeping the pile safe. This bank is not capable of making money under their leadership so they keep the pile safe so they can continue to pay themselves with it.