RE:RE:RE:May Consolidate Here12mo target is above 47/share, but mid 40s is more reliable outcome...
still, need to wait for the quarterly report at the end of February to see how they execute business loan growth.
If that metric improves, i think the bank will have their low single digits growth in place...
FOOL had a speculative notion of LB being an aquisition target for the likes of NA...
Not sure if anyone would touch it, unless the union was decertified...and even then its ify, unless the
loan books quality improves...Plus, the current book value is over $53,5/share.! and aquisitions, ususually implies a premium part to book value in any offer...