Opinions Ben Stadelmann
Sun Bancorp (NJ)SNBCTOP PICKApr 04, 2012
(A Top Pick March 16/11. Up 0.91%.) New Jersey regional bank. Originally liked because of the lack of exposure to consumer real estate but more to the hospitality industry. Turns out those loans also had nasty write-downs. Now making good progress on getting bad loans off the books. Commercial lending has improved. Well capitalized.
Ben StadelmannOwned
$3.34
Stock price when the opinion was issued
$24.50
As of Apr 30, 2018. Market Open.
Financial Services
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TOP PICK
Was doing nicely until a few days ago. Was rocked by the fact they are going out to look for more capital again. Price is really beaten up to an attractive entry point.
Ben StadelmannOwned
Financial Services
