M&F Bancorp Inc. (MFBP)

[leftope]

There is a leadership transition going on right now: www.heraldsun.com/news/showcase/x2025288960/M-F-Bank-president-steps-down-from-day-to-day-role

The bank needs the new leadership - the stock is so neglected because it's been a sleepy underperformer for as long as I can remember. Little to no advertising, and not much name recognition in the community.

I think it's unlikely that they undergo any M&A transactions. It's always been a minority focused bank, and there aren't any others around NC that I can think of.

I do think the price is undervalued, but my view is that they are content to do a decent job of servicing their niche, focusing more on their past than transitioning into the future. Hopefully new leadership changes that.