A lot of people thought this company was dead because their primary asset (the bank) went into receivership and was sold by the FDIC.
Companies like PAB Bankshares, Dearborn Bancorp and Cowlitz Bancorporation are all holding companies that lost their primary assets which happen to be banks.
Now, some recent analysts have given some pretty favorable ratings to the future of these companies. Still trying to find out why?
PABK has a 1 year price target of $7.00/share. A recent S&P Capital IQ report gave PAB Bankshares a quality ranking of B-. Realizing the holding company is still alive, well and trading....what could they do to become profitable again?
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