FBC and UIS always announce their earnings on the same day. UIS is always first. They are never both good. UIS has already bombed. Hopefully FBC won't do the same at 9-12am or whenver it is. If I had to pick one to be good and one to bomb, it would be FBC to be good and UIS to bomb since I don't actually have any UIS shares, just a lot of stock fund in the 401k.
Very true a love-hate relationship with this bank. I expected the miss in earnings to cause the opposite result of the current price per share today. I think the reason for this move has to do with the lose loan portfolio and the getting rid of this anchor to move forward in a better environment. As housing improves and I might argue interest rates move up FBC could shine once more. It is a good day today lets have more days like today.