Fri, Jul 11, 2014, 9:07 AM EDT - U.S. Markets open in 23 mins.

Recent

% | $
Quotes you view appear here for quick access.

Commercial Capital Bancor (CCBI) Message Board

  • pvbud pvbud Aug 21, 2003 12:49 PM Flag

    Look Again

    It's time to change horses. CCBI has done well however much of their revenue has been from creation of new and/or re-financing loans. That revenue stream is largely over. CCBI has good management but the retail banking side must be given time to develop. At P/E of about $17, its time to take profits perhaps returning in the future.
    An alternative, look at UBMT, up 16.9 percent since August 1st plus dividend, TMCV a solid, small bank, and BAC at a P/E of 12, plus dividends. God, how I love 'em!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I just took a look at tmcv. I don't think it is a good buy for the following reasons:

      (1) It is an OTC BB stock, no auditing report or annual report is available at SEC site.
      (2) More than half of its income comes from "other income" which I assume it is re-fi related income. If this "other income" is cut by half in the future, the PE ratio of TMCV will become about 20.
      (3) Its non-performing loan grows from 0.1% to more than 1.2% of its outstanding loans. I don't know whether this is a trend. But it looks like that way.

      Overall, tmcv is not a good buy at all. Good luck to your position.

    • Good luck to you, but I love the eps estimates over the next couple of quarters for CCBI. From a percentage standpoint, you wont see that from many banks. They are using revenue's to grow business. Management seems solid. I will buy on any dips.

 

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.