EFSC is probably the most undervalued stock in the whole banking industry now! (Still under $14.00/share)
- Net earnings 0.52/share for Q2 - Net earnings increased quarter-by-quarter - Extremely high quality of earnings - Asset quality is improving significantly and continuously - Loan portfolio is expanding dramatically despite the sluggish economy - Core earnings increased significantly - Capital strenthened from capital raise at $12.75/share a couple weeks ago - Ample liquidity - Much benefited from a couple of FDIC-assisted acquisitions during the past two years - Should be traded above $20 by the end of 2011
This is totally a must-have stock and the share price is set to skyrocket. I am not paid to advertise, but I am fully loaded with this stock and happy to share with you guys just like my last post about FISI.