Value, growth at reasonable price, small-cap, long-term horizon

California First National Bank: Strong Balance Sheet, Healthy Dividend And A Catalyst Later This Month

An Odd Little Bank

If you have been following my articles, you will notice that I have spent a lot of time covering two sectors: Regional Banking and Capital Goods Leasing. Leasing is a very attractive proposition given the low rate environment in the marketplace. Sometimes, the cheapest thing in the market is money itself and the companies that are able to take advantage of it are often well-situated.

Regional banking is likewise an attractive sector for a variety of reasons. First, there are hundreds of companies in the sector, increasing the chance that other investors have missed opportunities. Due to regulatory reform in the aftermath of the financial crisis, there is also significant impetus for M&A activity in the...

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