Bank (Midwest) industry
Article Abstract:
Midwest bank earnings and stock prices rose in 1995 and the 1st qtr of 1996, with greater merger activity, improved operating efficiency, and strong loan demand. Lower credit quality, bigger loan loss provisions, and absorption of price/earnings ratios by the market may inhibit growth in 1996, however. These stocks are volatile for 1996, ranked only average for timeliness, and are fully valued, but several are good selections for investment.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
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Bank (Midwest) industry
Article Abstract:
Stocks of midwestern banks have become less timely in 1996 with lower earnings and share prices underperforming the market. Profits have become lower in 1996 with higher loan loss provisions and slow commercial loan growth, and these trends are expected to continue through 1997. Midwestern bank stocks are expected to underperform the market in 1996 and 1997, but there should be profit growth for several banks through 1999-2001.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
User Contributions:
Comment about this article or add new information about this topic: