Over 14 today-This is a super community bank that would command a much higher price on a takeover.
Sentiment: Strong Buy
Care to speculate on the takeover value of NHTB? And when that might happen in the future? Would like to see what you think......then will furnish my take as well.
Deals today are going out at around 1.5 times book value- puts the value of NHTB well into the 20s. Only a question of having a willing buyer and seller. NHTB has become a more valuable franchise with their recent deals. Many potential buyers.