Susquehanna Bancshares, Inc. (NASDAQ:SUSQ)
A financial holding company that provides a range of retail and commercial banking and financial services through its subsidiaries in the mid-Atlantic region.
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GREAT REGIONAL BANK WHICH I DO BUSINESS WITH PERSONALLY.. IT RECENTLY BOUGHT OUT COMMUNITY BANKS OF MILLERSBURG AND IS DOING A GOOD JOB OF INCORPORATING THE NEW BRANCES. STAY FOR THE LONG HAUL ON THIS ONE.
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The regional banks in general have not shared in the recent market gains. Those regionals that are well capitalized, and SUSQ is, should show dramatic gains over the next six months.
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great time to get back into this stock
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This stock is selling for a low to price to operating cash flow. It's also trading at a paltry 0.29 P/B ratio. It has nearly $5 of cash per share. They have a boat load of debt, but liquidity isn't a real problem right now. They are honest about how challenging the economic environment is and have been consolidating branches and setting aside liberal amounts for loan losses.
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insider buying, low price
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high yield
conservative business
low P/BE
likely takeover candidate
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