Ralph Sesso
Long/short equity, hedge fund manager, investment advisor, banks

Louisiana Bancorp Still Has A Ways To Go

Bank stocks have been in favor this year due to an improvement in the real estate market. The underlying collateral of bank loans is often real estate and real estate values have firmed up and in many cases have risen. When a sector moves a lot in a short period of time it is wise to ask the question: Has the market for bank stocks risen too far?

To make the case as to why I think that selective bank stocks will continue to rise, I want to take you through an analysis of a bank in Louisiana.

Louisiana Bancorp, Inc. (NASDAQ: LABC) is a $312,000,000 (assets) bank in Metairie, La. Here are some of the reasons why I...

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