SHARES OF TENNESSEE COMMERCE BANCORP POTENTIALLY UNDERVALUED IN TERMS OF EARNINGS YIELD
Oct 11, 2010 (SmarTrend(R) News Watch via COMTEX) -- Below are the five companies in the Regional Banks industry with the highest Earnings Yields. Earnings yield is useful to compare the relative benefit of owning a stock vs. owning other yield assets such as bonds. If the earnings yield is higher, stocks may be considered undervalued.
Tennessee Commerce Bancorp (NASDAQ:TNCC) has the highest with an Earnings Yield of 24.9%; International Bancshares (NASDAQ:IBOC) is next with an Earnings Yield of 20.7%; and Banco Popular (NASDAQ:BPOP) has the next highest with an Earnings Yield of 17.0%.
Republic Bancorp (NASDAQ:RBCAA) follows with an Earnings Yield of 14.5% and Southside Bancshares (NASDAQ:SBSI) rounds out the group with an Earnings Yield of 13.8%.
SmarTrend is bearish on shares of TNCC and our subscribers were alerted to Sell on May 20, 2010 at $8.66. The stock has fallen 52.7% since the alert was issued.