Inclined to agree based on what all the banks seem to be doing, but remember the ole saying "never say never" and let's be cautiously optimistic. I know all the pros seem to be saying this rally has legs and those on the sidelines will be left out, but pros can sometimes be too enthusiastic and can make mistakes. What goes up can go down. Do not forget about day traders and profit takers.
It is my understanding that all of the bad news is not out. there are numerous commecial loans that need to be written down. Further, the insurance operations don't earn their cost of capital and neither does anything else. The stock price rise is due partially to finally canning Koelmel but also to the overall rise in the market. Most importantly, is the expectation of it being sold. Unless there is a massive change in the personnel there a sale is its only salvation.
I'll think about that after the next 2 quarterly reports are out and who they high to replace Koelmel. This interim CEO does not have a banking background so I would not be surprised to see the SHTF. They also have a number of people in positions that exemplify "The Peter Principle."