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Hudson City Bancorp, Inc. Message Board

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  • chickepoodotcom chickepoodotcom Jul 23, 2010 1:28 PM Flag

    A potential Buyout

    HCBK is more likely to buy another bank. Perhaps they might purchase PFS (Provident Financial Services). Wilbur Ross wrote that PFS is an excellent bank with good financials, that might be a takeout candidate. This would probably benefit HCBK huge. HCBK has a market cap of 1.5B and PFS has a market cap of 800M. A bank with a market cap of 2.3B and alot of cash!

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