+ Watch CFFN
on My Watchlist
A federally chartered mid-tier mutual holding company offering variety of financial services.
Over the last 5 years the higher PE has been effectively countered by lower risk:1. Strong insider control of 73% of shares2. Exceptional support for high dividend3. It has stood through the Fed increases4. It will reap rewards as Fed reverses5. Management is tried and true - time has tested and rewarded their work
CFFN is extremely overpriced. It has a ridiculous PE, coupled an awful return on assets and return on equity. Pays out (last I looked) 140% of what it makes--which is sustainable only because the non-public shares waive payment. It is not a pile of sub-prime radioactivity and is unlikely to crash, but it will under-perform FOREVER, because no one is in a position to force better management. You'd be better served by an (insured) CD from this bank than by its shares.
I agree but would go further, at this price you may be better off shorting CFFN than owning a CD from the bank. Insiders propping up the shares can't do it forever - eventually the hedge funds and others who have correctly shorted the most distressed banks for the last year will discover overpriced, mediocre banks like CFFN, CNBC, and KRNY.
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ratings and Key Statistics provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions