With the increased consolidation in the banking sector, it would seem that CFR would be considered by quite a few bigger banks. Wonder which one it will be? I'm holding until it happens. We could get $46+, easy! All JMHO.
As an investor I'd make some money, but as a customer, I think I'd be disappointed. As long as they continue to build their business, both portfolio and non-interest income, the institutional holders will remain satisfied. I plan to hold as well.