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

First West Virginia: 4.4% Yield, Priced Below Book, Takeout Potential -This Regional Deserves Attention

Out In The Country

By now, those who follow my articles will know that I am a big fan of small regional banks for several reasons. In addition to engaging in uncomplicated, easy to understand businesses, small banks provide an attractive value proposition for individual investors. Large institutions and funds often lack the ability to cover the sector, increasing the chance of a finding a cheaply priced and well performing company. Some community banks are also mutually held, and can undergo a special situation known as thrift conversion, offering investors a very attractive risk vs. reward situation. Finally, this sector has seen an enormous amount of M&A activity in the past two years.

For banks with a small deposit base...

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