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First Federal of Northern Michigan Bancorp, Inc. operates as a holding company for First Federal of Northern Michigan that provides various financial services to individuals, families, and businesses.View FFNM
FIRST FEDERAL OF N COM USD0.01 - FFNM - EQUITY
Reviewed By: TheStreet Ratings on .
Report Summary: TheStreet Ratings team rates FIRST FEDERAL OF N COM USD0.01 as a
Buy with a ratings score of B+.
Report Snippet: We rate FIRST FED NOR MICH BANCORP (FFNM) a BUY. This is driven by several positive factors, 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, attractive valuation levels, expanding profit margins, good cash flow from operations and increase in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.