Banks On Sale
My bank stock portfolio was comfortably in the black, with a solid 2.5% dividend yield at year-end. My have times changed. Before I begin, I feel compelled to disclose that […]
A Bank Analyst Makes Recommendations. I Make a List.
What should you look for in a bank stock? How should I know? I’m not a financial advisor. I would have to take a test to prove that I am […]
Are Banks Overvalued?
The S&P 500 Bank Index is up 41% in one year. US Regional Banks’ price-earnings multiple was 16.6x and price to tangible book value was over 2x (see chart). So […]
What Did a Trump Victory Do To Bank Stocks?
The S&P 500 futures plunged during November 8th’s vote count when Donald Trump started pulling ahead. The nosedive gave the news media, who could hardly bare to report good news […]
Say It Ain’t So Doug! Square 1 Bank Sells to PacWest
In the name of head scratchers, Square 1 Financial of Durham, NC, one of the most successful startup banks in a generation, is turning over the keys to PacWest, a […]
Where will banks get their next dollar of capital?
Retained earnings. I make a living helping financial institutions be as profitable as feasible. Why? To perpetuate their business model. This is how I feed my family. But profits have […]