Had to got to the company site to see the 8K info. I didn't see any major issues. 3rd quarter was a little lower than 2nd, but still better than last year. That's a common issue this earnings period. With all the talk about GAAP versus non-GAAP, it's hard to tell what part of their revenue and earnings growth, or lack of it, is organic versus M&A. With record prepayment penalty income, it's obvious future loan interest income will be affected. Good to see YTD GAAP earnings at 82 cents. Bottom line (IMHO) - the bank continues to look strong and the dividend safe (for now).
People are funny and never to be understood. Selling on good news and a great dividend just
doesn't make sense. On the other hand creates a great opportunity to add more shares.
Added 1000 shares this morning,and looking forward to a 6+% for years to come.
this is not a volatile stock. 5% move is pretty significant considering this stock only swing in the 2% interval. why day trade stock like this one? if the drop is not caused by day trading then what is it?