5 Bank Stocks That Won't Bankrupt You or America (Update 1)
2. Home Bancshares
Home Bancshares (HOMB) of Conway, Ark., has seen its stock decline 1% year-to-date, to $25.55 on Monday, following a remarkable 19% return in 2011.
The company had $3.6 billion in total assets as of Dec. 30, with branch operations in Arkansas and Florida, and it was a strong and steady earnings performer during 2011, with ROA ranging from 1.46% to 1.58%.
Home Bancshares on Feb. 16 completed the purchase of all 17 branches of Vision Bank of Panama City, Fla., from Park National Corp. (PRK), for $27.9 million. The shares trade for 1.8 times tangible book value and 12.5 times the consensus 2012 EPS estimate of $2.04. The consensus 2013 EPS estimate is $2.13. FIG Partners analyst Brian Martin has an "outperform" rating on Home Bancshares, with a $29 price target, saying on Jan. 23 that "the game plan heading into 2012 is M&A," including possible failed bank acquisitions as well as traditional deals, after "good pricing discipline prevented any M&A from occurring in 2011 as HOMB was an active bidder." Interested in more on Home Bancshares? See TheStreet Ratings' report card for this stock.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, 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
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
