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Monarch Financial Holdings, Inc. Message Board

maine1964 3 posts  |  Last Activity: Jul 25, 2015 6:48 AM Member since: Apr 25, 2011
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  • - Bank of the James was named as one of the nation's top 200 performing community banks by American Banker.
    - Total loans (including loans held for sale), net of allowance for loan losses, rose to a record $415.40 million (..company record..)
    - Net income for the six months ended June 30, 2015 was $1.88 million or $0.56 per diluted share -- a company record for first half earnings (..company record..)
    - Total deposits at June 30, 2015 increased to a company record $445.39 million (..company record..)
    - Company's book value per share rose to $10.68 at June 30, 2015 from $9.70 at June 30, 2014.
    - For the six months ended June 30, 2015, net income rose 21.7%

    Sentiment: Strong Buy

  • Reply to

    Another Solid Quarter!

    by maine1964 May 11, 2015 5:03 PM
    maine1964 maine1964 May 12, 2015 6:54 PM Flag

    For what it's worth (and I don't base my investment decisions on "expert" opinions) but found it noteworthy that a few outfits have reiterated/raised MRCC ratings/price target;

    5/12, National Securities - “buy” rating reiterated with a $17 target. Analyst comments - We still anticipate that another dividend increase will come by the end of 2015 although the company is mulling over whether to increase the regular dividend or declare a special distribution to avoid paying an excise tax. MRCC’s portfolio is now 58.8% senior secured compared to 45.7% a year earlier but is still earning higher coupons and effective yields on the overall portfolio.

    5/6, Zack's - Upgraded shares of Monroe Capital Corp from a “hold” rating to a “strong-buy” rating and set a $17.00 price target on the stock.

    5/1, MLV & Co. - Analysts reiterated a “buy” rating and set a $17.00 price target on shares of Monroe Capital Corp in a research note.

    4/8, JMP Securities - Initiated coverage on shares of Monroe Capital Corp in a research note. They set an “outperform” rating and a $16.00 price target on the stock.

    Sentiment: Strong Buy

  • No complaints here, keep up the great work! IMO - continued stable dividend and PPS.

    Sentiment: Strong Buy

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