I understand FNFG loaned the TARP money out 4 times over during the fourth quarter which was what it was intended for, and is comendable and very positive. They are being transparent in their reporting which is also very positive.
FNFG Tangible Common Equity is 9% which is twice the industry average...also very positive.
The whole market and especially financials are "on fire". You could have a solid balance sheet and income statement and it will not matter. Look for the large institutional investor holdings and wee what they are doing with FNFG for an indicator. Got a shocker for you: The entire business community is SOFT and getting more SOFT by the hour, including NYS.