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.46 + .78 = $1.24 earnings for the

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56Chevy Member Level  Thursday, 08/07/14 12:32:19 AM
Re: 56Chevy post# 36
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Quote:
.46 + .78 = $1.24 earnings for the first 6 months of 2014 would be fantastic if it holds true.

$1.24 x a very conservative P/E of 10 = $12.40

No go.

At the bank level net income was $1.309MM..however the Holding Company expenses take a much bigger bite out of that income than were hoped for leaving shareholders with $400K or $0.35 per share for the quarter.

That's still a decent number. Is it a great number? no. Decent number? you bet.

Marker:
Oxford Bank Corporat (OXBC)
$9.25 0.0 (0.00%)
Volume: 0




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