Would PBCT be of interest to a foriegn bank looking for a foothold in the US? It seems from what I have been reading Big Banks are set to get bigger.
I think it more likely that they get into bed with a similarly poorly run bank like First Niagara...two negatives make a positive. The new bank would be like the old Fleet.....big and #$%$ IMHO
lets hope so--otherwise we are in a rut.
there is no reason for this stock to trade any higher than where it is now.
I own too much of this and waiting for the payday of a takeover --would be thrilled at $18.50--$20.00
I believe $16.50 to $17 is more realistic. SAN might be a good partner. Anyone is better than the retired management people in place collecting stock bonus.