Deposit market share change, by state: Source - FDIC
Ky 6.15% 6/08 5.62% 6/11 down
VA 10.19% 8.92% down
TN 2.41% 2.36% down
SC 9.52% 9.82% up
NC 12.34% 12.93% up
MD 6.46% 5.69% down
WV 17.47 18.47% down
Florida, Alabama and GA all are up, but in last 3 years, they've bought into these states, not sure a good comparison. Not a lot of growth, even there.
They bought crummy banks here in KY and couldn't improve market share in 10 years they've been running the state.
Also interesting how little share they have in each state. WV is the only state they are #1 in, a dubious position, since R/E loans there are some of the worst!!
Insurance might make this a keeper stock, but as a bank, they are nothing special.