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Franklin Bank Corp. (FBTX) Message Board

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  • bskptkl bskptkl Feb 1, 2008 12:33 PM Flag

    CC notes

    I can't see why this bank should trade over tangible book value. They have a horrible net interest margin of 2%. The lower rates won't help this margin. They have a bunch of crappy loans out. They aren't well capitalized at a 7% Tier 1 ratio.

    There are a lot of cheaper, more sound banks in the universe.

    All jmho.