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Provident Financial Holdings, Inc. Message Board

  • bestareahead bestareahead Jun 22, 2011 10:45 AM Flag

    SUSQ acquires TOBC (must read)

    Mergers and acquisitions are going hot in the banking sector.SUSQ bought TOBC yesterday.SUSQ paid 2011 pe=20 (or higher) and tbv=1,5 for TOBC.

    Compare TOBC with PROV to see the undervaluation of PROV.
    Whoever finds pe=6 and tbv=0,6 among PROFITABLE banks,pls post the ticker.I believe there is none.

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