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A bank holding company, which provides a diversified range of financial services, principally through its national bank subsidiary, National Penn Bank.
Extremely well run bank that has sidestepped the subprime and credit mess almost entirely. Pays a good dividend and the Q2 earnings were solid. Good balance sheet and conservative management. Stock is simply priced too low but I'll wait for the correction while I get an 5.75% dividend yield.
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