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$1.54 -0.04 (-2.53%)
12/4/2008 4:03 PM

Irwin Financial Corp (IFC)

CAPS Rating:
**

A diversified financial services company. Its major lines of business are: mortgage banking, commercial banking, home equity lending, commercial finance and venture capital.

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Recs

1

Avatar Phileas100 (< 20) Submitted: 4/18/07 2:11 AM : Outperform Start Price: $15.95 IFC Score: -48.53

Long standing financial institution with committed owners and refocusing on the right side of their business. I think this company is being under presure for the general pesimism around the mortgage industry.

They may be hit also by a one time event regarding the collateral in one loan (a no insignificant $4.7 million loan), but I think the market has already factored that in.

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