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Palmetto Bancshares, Inc. operates as the bank holding company for The Palmetto Bank that provides retail and commercial banking, and wealth management services to consumers and businesses in the United States.View PLMT key stats
Palmetto Bancshares Inc - PLMT - EQUITY
Reviewed By: TheStreet Ratings on .
Report Summary: TheStreet Ratings team rates Palmetto Bancshares Inc as a
Buy with a ratings score of A-.
Report Snippet: We rate PALMETTO BANCSHARES INC (PLMT) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, solid stock price performance and increase in net income. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity.