Replies to post #2 on Glenville Bank Holding Co., Inc. (GLNV)

[56Chevy]

First National Bank of Scotia

Date of Data: 2013-12-31

# of Branches: 10, ranked #1051
Total Assets: $413,971,000, ranked #1619
Total Deposits: $372,143,000, ranked #1513
Total Equity Capital: $32,540,000, ranked #2103
Total Domestic Office Deposits: $372,143,000, ranked #1512
Net Income: $2,363,000, ranked #2297
Quarterly Net Income: $672,000, ranked #2073
Return on Assets: 1%, ranked #876
Quarterly Return on Assets: 1%, ranked #894
Return on Equity: 8%, ranked #2775
Quarterly Return on Equity: 9%, ranked #2249

O/S count: 184,638

Equity: $32.540MM

BV: $176.24

MV as of 5/29/2014: $85..or 48% of BV

LTM EPS: $12.23

P/E: 6.38

Average P/E for all banks in NY State: 16.27

GLNV @ 16.27 P/E would be = $198.99...and I see no reason it shouldn't be selling at the average P/E ...not to mention the average P/B for all banks in NY is 133.54%.

http://www.usbanklocations.com/first-national-bank-of-scotia-glenville-branch-financial-info.html

*Banks don't come any more solid than this...premium producing value found imo..and it's On Sale..even better!!

Marker:
Glenville Bank Holdi (GLNV)
$85.0 0.0 (0.00%)
Volume: 0