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Tower Financial Corporation operates as the bank holding company for Tower Bank & Trust that provides commercial and consumer banking services in the metropolitan areas of Fort Wayne, Allen County, and Warsaw, Indiana.View TOFC
Tower Financial Corp - TOFC - EQUITY
Reviewed By: TheStreet Ratings on .
Report Summary: TheStreet Ratings team rates Tower Financial Corp as a
Buy with a ratings score of B-.
Report Snippet: We rate TOWER FINANCIAL CORP (TOFC) a BUY. This is driven by a number of strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, expanding profit margins, good cash flow from operations and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.