BNCCORP, INC. (OTCQB:BNCC) is a beaten down, well-capitalized regional bank holding company that operates from 14 locations in Arizona, Minnesota and North Dakota. Even after rising ~450% YTD, shares of this $38.6 million company are extremely undervalued as they trade at a 23.3% discount to book value. And with the results that they have been posting lately, even a 50% reduction in regular quarterly incomes would imply a forward P/E of only 5.85. Anyone like margin of safety?
Before getting into the bank's recent performance, below is a look at the company's risk related ratios, all of which have been improving and all of which are multiples above the minimum requirement and levels considered to be well...
Only subscribers can access this article, which is part of the PRO research library covering 3,575 different stocks.
Growing numbers of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity research that is unavailable elsewhere, so they can: