$0.04
0.00 (+8.79%)
Corus Bankshares, Inc. (CORS)
CAPS Rating:
A bank holding company which provides consumer and corporate banking products and services through its wholly-owned banking subsidiary, Corus Bank, N.A.
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Corus had a few bad breaks with their investment in Condos, especially in the Florida market. However, with the ownership still intact and Institutional and Insider Ownership is at a very high level, you have to view this as a sound investment.
Additionally, with the pending bailout of bad loans by the Federal Government, Corus may even receive a "Do Over" on a few of its loans. Obviously we'll have to wait to see what the terms are regarding the bailout of bad loans, but currently this definitely appears to be a good buy.