$8.02 -0.07 (-0.87%)
11/25/2009 4:00 PM

Whitney Holding Corp. (WTNY)

CAPS Rating: 2 out of 5

The Company, through the Bank, engages in community banking and serves a market area that covers the five-state Gulf Coast region. The Bank also maintains a foreign branch on Grand Cayman in the British West Indies.

Results 1 - 11 of 11

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Member Avatar tobyg74 (28.18) Submitted: 11/17/2009 8:13:07 PM : Outperform Start Price: $8.25 WTNY Score: -2.90

yo

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Member Avatar OklaBoston (< 20) Submitted: 10/20/2009 12:45:29 AM : Underperform Start Price: $8.19 WTNY Score: +2.98

Yesterday's negative earnings surprise doesn't figure to end this stock's technical downtrend.

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Member Avatar stockfreak1 (< 20) Submitted: 10/15/2009 9:44:01 PM : Outperform Start Price: $9.62 WTNY Score: -19.00

The results of the next earnings SHOULD hopefully provide some sort of support for regional banks. They still have $400 million in non-performing assets and $219 million in loss provision and it appears they don't have to destroy stockholders in order to solve their financial difficulties. I'm in.

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Member Avatar cyberccs (< 20) Submitted: 6/24/2009 11:24:48 AM : Outperform Start Price: $8.62 WTNY Score: -30.38

bull

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Member Avatar broker7005 (84.60) Submitted: 6/19/2009 9:12:56 PM : Outperform Start Price: $9.44 WTNY Score: -37.82

bull

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Member Avatar Gemini846 (90.59) Submitted: 10/24/2008 2:21:06 PM : Outperform Start Price: $16.43 WTNY Score: -82.98

Finance/Regional Bank

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Member Avatar badmanner (98.16) Submitted: 10/2/2008 12:10:07 AM : Outperform Start Price: $24.61 WTNY Score: -66.73

mortgage investment/regional banks

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Member Avatar thelapdog (< 20) Submitted: 9/18/2008 1:53:47 PM : Outperform Start Price: $24.26 WTNY Score: -64.82

great community bank

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Member Avatar SpaceSpuds (< 20) Submitted: 7/11/2008 5:38:37 PM : Underperform Start Price: $15.59 WTNY Score: +40.32

There are loan issuing banks that are facing the severity of the housing loan crisis, and there are those behind the curve. Whitney Holding is behind the curve. They have substantial exposure in numerous weak markets, and they are making risky moves that could lead to stock price spirals. Remember that their Parish deal involves adding several million shares to their float!

It isn't simply that this bank is in a weaker position than it appears to be, but in a weaker position than the bank officers seem to believe it is.

Putting shares out in the float to buy another small bank, at the same time they have considerable portions of their deposits invested in mortgage backed securities, and are holding loans they have issued in weak markets? - Not good - Not good at all!

I'm also not comfortable with the level of intangibles on their balance sheet.

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Member Avatar UPTschack (98.00) Submitted: 3/19/2007 8:21:30 PM : Outperform Start Price: $27.95 WTNY Score: -55.87

This company is well managed, smart and conservative. I live in New Orleans and and bank with them. They are constantly growing and have expanded into Florida, Texas, and more places to come. They have always treated customers like people and not numbers. More importantly, they have consistently increased EPS and Dividends year over year. Their payout ratio has stayed at about 50% so unlike a lot of companies, they grow their dividends when they grow their EPS. This is the only bank in New Orleans that survived the great depression so don't think the housing market is going to take them down. It's a great long term investment; that's why insiders buy and hold.

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Member Avatar spiritof78 (95.78) Submitted: 2/17/2007 8:01:53 AM : Outperform Start Price: $29.88 WTNY Score: -54.38

Solid financial plan for a regional bank. History of small steadily increasing dividends. Insiders purchasing the stock with their own hard earned capital. Rebound effect from Katrina offers the opportunity for this company to return to its pre-storm market cap with better infastructure.

Results 1 - 11 of 11

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