This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

10 Small Bank Stocks for Growth

5. First Financial Holdings

Shares of First Financial Holdings (FFCH) of Charleston, S.C., closed at $11.47 Friday, down 19% from a year earlier. Based on a quarterly payout of 5 cents, the shares have a dividend yield of 1.74%.

Based on a consensus price target of $14.22, the shares have 24% upside potential.

The company had $3.3 billion in total assets as of December 31, with 66 offices along the coast of South Carolina, and also in the Florence, S.C., and Wilmington, N.C. areas.

The company owes $65 million in TARP money.

For the first fiscal quarter ended December 31, First Financial Holdings reported net income to common shareholders of $210 thousand, or a penny a share. For fiscal 2010 ended September 30, the company reported a net loss to common shareholders of $40.6 million, or $2.46 a share. The loss mainly resulted from a $125.2 million provision for loan losses, increasing from $66.9 million the previous fiscal year.

The consensus estimates are for First Financial Holdings to earn 6 cents a share in fiscal 2011 and 94 cents a share in fiscal 2012.

On March 9, Christopher Marinac of FIG Partners upgraded First Financial Holdings to an "outperform" or buy rating with a price target of $15.11, saying a recent visit with the bank's management had reaffirmed his "conviction that classified loans are beginning to stabilize and that necessary credit marks are quite measurable for the next several quarters." Marinac forecasted annual earnings power of "$1.95 by the end of [fiscal] 2011."

Two of the seven analysts covering First Financial Holdings rate the shares a buy, while the other five analysts all have neutral ratings.
7 of 11

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
FUBC $8.85 0.34%
ABCB $31.40 0.00%
BAC $14.56 0.00%
BNCL $13.89 0.00%
C $46.28 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs