Bridge Bancorp, Inc. (NASDAQ:BDGE)

CAPS Rating: 3 out of 5

A bank holding company, the sole subsidiary of which is The Bridgehampton National Bank, engages in full service commercial and consumer banking and limited trust business including accepting time and demand deposits and loans.

Recs

2
Player Avatar DarthMaul09 (29.65) Submitted: 1/19/2011 12:37:47 AM : Underperform Start Price: $23.68 BDGE Score: +17.37

This bank has done better than I thought it would, but now there appears to be a clear divergence between this stock and the index. I doubt that if the S&P were to have a significant correction that this bank would gain in that environment. So either the market continues to rise and leave this bank behind or the market corrects because of poor financial news and the bank finds its business environment deteriorating.

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