Use access key #2 to skip to page content.
$3.04 -0.46 (-13.14%)
10/6/2008 4:00 PM

Citizens Republic Bancorp, Inc. (CRBC)

CAPS Rating:
**

A diversified banking and financial services company which provides a full range of banking and financial services to individuals and businesses through its subsidiaries Citizens Bank, Republic Bank, and F&M Bank-Iowa.

View All Commentary (CRBC)

Recs

4

Avatar moalps (< 20) Submitted: 5/15/08 4:41 PM : Outperform Start Price: $6.50 CRBC Score: -26.57

Beaten down stock from a little but interesting bank. On the long run I don't see a too great risk. The company announce no exposure to subprime lending of any kind.
The company suspends dividend paying in order to protect shareholder value for the longer term, but is also decreasing expenses significantly.
All in all the company will be able to go trough these difficult times and will be well positioned for the future.

Report this Post Replies: 0 | Reply

Featured Broker Partners