Friday, August 15, 2014 10:20:28 AM
$0.40 EPS/qtr. might be a conservative earnings run rate, think P/E of 10 for FULL year earnings of $1.60
still excellent value here to be realized. Also last 3 PR's include language adressing cap ratio which is currently 6.23%, bet a capital raise of some sort is already in the making
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
Endexx Corporation (EDXC) Leverages Global Market Trends and Legislative Reforms to Spearhead Growth in the Cannabis and Plant-Based Wellness Sectors • EDXC • Mar 27, 2024 3:01 PM
Applied UV, Inc. Announces Pricing of $2.76 Million Registered Direct and Private Placement Priced at the Market Under Nasdaq Rules • AUVI • Mar 27, 2024 2:51 PM
POET and MultiLane Collaborate to Develop High-Speed Pluggable Transceivers for AI Networks • POET • Mar 27, 2024 10:52 AM
Maybacks Global Entertainment Opens 23 More Stations in Important Major Cities • AHRO • Mar 27, 2024 9:00 AM
NxGen Brands Inc. Forecast to Deliver 140% Growth in Q1 2024 • NXGB • Mar 27, 2024 7:30 AM
Kona Gold Beverages, Inc. Strategic Advancements: Covert LLC Introduces Federally Legal D9 Gummies and Revamps Innovative eCommerce Platform, Propelling Toward $12 Million Annual Revenue Goal • KGKG • Mar 26, 2024 8:30 AM