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A registered bank holding company that provides integrated financial services including banking, financial management, insurance, mortgage and leasing services through bank subsidiaries.
They were very optimistic during the most recent conference call...predicting a return to profitability by the first quarter of 2010. I don't see that happening as long as CRE does stop deteriorating very soon. To quote them exactly: "One driver is commercial real estate". They think it won't follow the same path as residential real estate, I disagree.
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