Ashleigh Rogers
Long/short equity, growth at reasonable price, value, banks

Susquehanna Bank Faces Tougher Conditions Ahead

Susquehanna Bank (NASDAQ:SUSQ) may be an attractive investment for investors looking for a reasonably priced regional bank. Trading at less than 2X book value and with its share price having fallen a bit since this summer, the company stands out as a pretty reasonable value in an otherwise fairly-valued sector. In fact, investors in SUSQ face an interesting dilemma; the bank carries a reasonable valuation and should benefit from the Fed's recent move to begin tapering (which will push up mortgage rates a bit over time and help the banking industry's net interest margin). On the other hand, SUSQ has recently seen fee income drop dramatically and management has indicated that the bank will likely see some increased...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details