Thrift industry
Article Abstract:
Profit margins and earnings for savings and loan associations and savings banks have been squeezed in the late 1990s due to lower interest rates and a flat yield curve. However, thrifts that are high-volume lenders are in a better situation than others and the industry is timely with good earnings momentum and expected future consolidation. Investors should select stocks of well-managed thrifts, or those that are good takeover targets.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Thrift industry
Article Abstract:
The thrift industry is a good investment in mid-1998. There is good earnings momentum and merger and acquisition activity will continue as a way to increase profits. Merger and acquisition activity has taken place during the mid-1990s to increase the assets of thrifts. Several thrifts with large lending operations are doing well because mortgages are selling well during a time of low interest rates.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Thrift industry
Article Abstract:
The thrift industry should be able to maintain a high level of loans with the favorable interest rate environment and the low cost of money, thus increasing profits in 1998. Consolidation in the thrift industry is also expected to continue in 1998 and for a number of years beyond. Investors will find that these stocks are timely for 1998 and for the next three to five years, as well.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Thrift industry. part 15
- Abstracts: Shoe industry. part 12
- Abstracts: Drugstore industry. part 7
- Abstracts: Electronics industry. part 13
- Abstracts: Priceline.com stock zooms in offering. In bots we trust? Online shopping guides hunt for bargains, but only the bargains they want you to see