BNCCORP, INC. (OTCQX: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 capitalized....
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|