Opinions
Benj Gallander
First US Bancshares Inc
FUSB-Q
PAST TOP PICK
Jun 28, 2016
Stock price when the opinion was issued
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A small bank in Alabama. Has 15 outlets and has done very well. Not huge revenues, but they are decent and fairly stable. Thinks this has tremendous upside. Their capitalization ratios are amazing. It’s rare to see a bank that good. He thinks it can double from here. Dividend yield of 0.7%.
(A Top Pick Feb 7/17. Up 5%.) Hasn't done that well, but does have tremendous potential. Pays a dividend of $.02 a quarter. Prior to the recession, it paid over $.20 a quarter. The stock didn’t dilute during the recession, so there are just over 6 million shares outstanding. There is a good chance of a dividend increase this year. This stock could double.
(A Top Pick June 8, 2017. Down 1.97%). He bought it two years ago. It’s one of the only banks he has that hasn’t gone up well in the past year. There is a lot of potential upside. With interest rates rising in the states, banks should do well. They took a write-off this quarter because of the tax changes. They are very well capitalized. He has it targeted as a potential double.
(A Top Pick June 8, 2017. Down 5%). He thinks this stock could double. It pays a small dividend. This is a small bank in Alabama with a good capitalization ratio and good management. This has been a laggard in the sector. Laggards often catch up with the sector, which points to tremendous upside for this stock.
(A Top Pick June 19/15. Up 6.31%.) Based in Alabama and have 20 branches. They make money year after year and have excellent capitalization ratios. Selling at about two thirds of BV, which is something you generally don’t see in banking. In 2011 they eliminated the dividend, but it is now $.02 a quarter. Thinks there is tremendous upside on this. He can see the price quadrupling from this level.