Prudential Bancorp: Plenty Of Catalysts At A Bargain Price
Hemlock Partners • Today, 12:01 PM
- We view the small-cap bank sector as a secular growth story.
- Despite a strong capital position and attractive credit metrics, PBIP trades below 80% of tangible book value.
- A number of shareholder-friendly catalysts exist; expect a share repurchase announcement in Q4 2014.