InvestorsHub Logo
Followers 290
Posts 84945
Boards Moderated 63
Alias Born 02/06/2005

Re: None

Friday, 07/24/2015 3:00:03 PM

Friday, July 24, 2015 3:00:03 PM

Post# of 173724
HSBK

I've brought a little of HSBK today. Here is what I like.

1) HSBK has significant Loan growth, in fact loans are up 10.4% in 6 months ended, and loan growth is roughly 21% y/y in the last 12 months.

2) Trades at a discount to tangible book as book value is $8.58.

3) Earned .22 in q2, I expect earnings to more like this if not better, going foward in my opinion.

4) Asset quality is very solid.

Conclusion: I like HSBK alot and it has been my favorite earnings report I seen in the small bank space this quarter so far in my opinion. All is jsut 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

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.