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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: blankmind who wrote (21282)5/9/2005 7:00:21 PM
From: blankmind  Respond to of 79163
 
- i'm sorry - on these 4 banks i'm mentioning - i should have just said on book value - as Clifton is the only one paying a dividend - which is about 2% - & CSBK's current p/e is around 25



To: blankmind who wrote (21282)5/10/2005 1:50:01 AM
From: Spekulatius  Read Replies (2) | Respond to of 79163
 
re Bank stocks - i started a small position in CBH today on the selloff. Valuations measures are OK, PE around 13, P/S around 3 based on 2005 numbers. The interesting thing about CBH is that they have been growing deposits by 30%+ during the last years. CBH is expanding it's footprint and gaining market share by being extremely customer friendly. Potential for 20% profit growth over the next years make CBH current valuation metrics look cheap, IMO.