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Re: SSKILLZ1 post# 160690

Thursday, 07/24/2014 12:20:58 PM

Thursday, July 24, 2014 12:20:58 PM

Post# of 173937
IOFB

IOFB in with really solid quarter. Earnings of .94 versus .80 this time last year. Also .90 last quarter. Loans increased sequentially and y/y. Allowance increased as asset quality is solid. Trades under book. And gives a 3.6% yield. Been in since the 30.40's. And will continue to saty long and strong this wonderful small bank.

To recap.

Growing earnings.

Growing Loans.

Trades under book

Trades at a PE of 8.

And pays you 3.6% while you wait.

I think this stock should trade closer to $40 then $30. I will keep my money parked in it in the meantime. All is just my opinion, and I could always be wrong though.

---All above is just my humble opinion.
And I could always be wrong.
And as always do your own DD.---
http://www.investorshub.com/boards/board.asp?board_id=5316

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