FNCB Bancorp Inc. (FNCB)

[56Chevy]

National average on P/B for banks in the NE region of the country is 1.15...and an average P/E of 18.8.

National average on P/B for banks with $1B - $5B in assets is 1.44....and an average P/E of 17.7

Is this bank in better than average financial condition? Yes. Very much so. However the rapid increase from what was allready a very robust 2.2 P/B to a frothy industry leading 3.63 suggests to me someone knows something that isn't general knowledge yet. ??