First US Bancshares Inc (FUSB)

A small bank in Alabama. This used to trade over $35 and have an annual dividend of over $1. During the recession, they did not dilute, so they still have just over 6 million shares outstanding. Thinks they will raise the dividend, and the stock should move higher. One of the most boring banks he has ever looked at. It should be helped by higher interest rates. Dividend yield of 0.71%. He has this targeted at a $22+ Sell target, but thinks it could go further than that.

A small bank located in Alabama with about 20 retail outlets. Great bottom-line and a dividend yield of 0.82%. Clean balance sheet. 6 million shares outstanding, and they didn’t dilute at all during the recession. He can see it doing better than a double from here.

(A Top Pick Aug 4/15. Up 4.93%.) A small bank in Alabama with 20 branches. They have about 6 million shares outstanding. This past quarter their earnings were about $300,000. His target price is over $21.

This was never a big trader. His target price is over $21. Their bottom line will get hit going forward, because they are building new headquarters in Birmingham. Financial ratios are great.

(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.

He likes regional banks. Also, has First United (FUNC-Q) and Bank of Commerce Holdings (BOCH-Q) in California. He started buying into the sector in 2009. This is a sector that has moved up for the most part, but this stock has not moved up as much. With BREXIT, there might be less inflation now for interest rates to move up in the US. If interest rates go up, that is good for the banks as it helps their bottom line. Dividend yield of 0.93%.

A small banking company based in Alabama. This bank did not dilute during the recession, so they have just over 6 million shares outstanding. Insiders own a nice piece. They are profitable, not as much is they were, but that will go up. Thinks this could triple. Dividend yield of 0.97%.

A small US bank. Not a lot of shares outstanding. He can see this one going over $20.

A small bank based in Alabama, which did not dilute shares during the recession. Only 6 million shares outstanding. Eliminated their dividend, which they reinstituted last year, and are paying $.02 a quarter. Sees a lot of upside. Target price of $20+. Good capitalization ratios, plus they have the lowest rate of loans in noncompliance in over 5 years. If it moves it could move very quickly because it does not trade a lot.

Pays a dividend. Making a little bit of money, trading at about 2/3rds of book value. Insiders own about 7%. If it has a good quarter or two the stock price could jump very nicely.