Someone told me to look for the following criteria and this bank does not seem to meet the criteria.
"The metrics I use are banks that have under .80 PPS/Book value, 1+% ROA, 7+% ROE and downward trending NPAs/PDs.
How should one take it where for this company, the following is the result...
"Return on average assets was 0.50% and return on average equity was 5.08% against return on average assets of 0.19% and return on average equity of 1.99% a year ago"