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
TheStreet Open House

Heritage Financial Group, Inc. Reports First Quarter Net Income Of $1.0 Million Or $0.12 Per Diluted Share

The non-accretable discount decreased to $84.1 million at the end of the first quarter of 2012 from $89.5 million on a linked-quarter basis, primarily driven by the clearing of $3.9 million of discount in conjunction with the resolution of the FDIC-assisted loans and transfers to accretable discount of $1.5 million. The accretable discount decreased to $12.7 million for the current quarter from $12.8 million on a linked-quarter basis, primarily due to loan discount accretion of $1.6 million that was partially offset by the transfer from the non-accretable discount as a result of the improvement in cash flows.

Asset Quality

Net charge-offs to average outstanding loans on an annualized basis, excluding loans acquired in FDIC-assisted acquisitions, were down sharply to 0.24% for the first quarter of 2012 versus 2.80% for the first quarter of 2011. Total nonperforming loans, excluding loans acquired in FDIC-assisted acquisitions, were $10.7 million or 2.38% of total loans for the first quarter of 2012 compared with $9.1 million or 2.24% of total loans for the same quarter in 2011. Other real estate owned and repossessed assets, excluding assets acquired in FDIC-assisted acquisitions, were $3.0 million for the first quarter of 2012, down from $3.2 million for the same quarter in 2011.

The provision for loan losses decreased to $400,000 for the first quarter of 2012 from $600,000 for the same quarter in 2011, reflecting primarily a decline in annualized net charge-offs. For the first quarter in 2012, the allowance for loan losses represented 1.70% of total loans outstanding, excluding loans acquired in FDIC-assisted acquisitions, versus 1.51% for the first quarter in 2011.

About Heritage Financial Group, Inc. and HeritageBank of the South

Heritage Financial Group, Inc. is the holding company for HeritageBank of the South, a community-oriented bank serving primarily South Georgia and North Central Florida through 21 full-service branch locations, 11 mortgage offices, and 3 investment offices. As of March 31, 2012, the Company reported total assets of approximately $1.1 billion and total stockholders' equity of approximately $125 million. For more information about the Company, visit HeritageBank of the South on the Web at www.eheritagebank.com and see Investor Relations under About Us.

Cautionary Note Regarding Forward Looking Statements

Except for historical information contained herein, the matters included in this news release and other information in the Company's filings with the Securities and Exchange Commission may contain certain "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements can be identified by the fact that they do not relate strictly to historical or current facts and often use words or phrases "opportunities," "prospects," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," "intends" or similar expressions. The forward-looking statements made herein represent the current expectations, plans or forecasts of the Company's future results and revenues. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Reform Act of 1995 and includes this statement for purposes of these safe harbor provisions. These statements are not guarantees of future results or performance and involve certain risks, uncertainties and assumptions that are difficult to predict and are often beyond the Company's control. Actual outcomes and results may differ materially from those expressed in, or implied by, any of these forward-looking statements. Investors should not place undue reliance on any forward-looking statement and should consider the uncertainties and risks, discussed under Item 1A. "Risk Factors" of the Company's 2011 Annual Report on Form 10-K and in any of the Company's subsequent SEC filings. Further information concerning the Company and its business, including additional factors that could materially affect the Company's financial results, is included in its other filings with the SEC.

 

HERITAGE FINANCIAL GROUP, INC.

Unaudited Reconciliation of Non-GAAP Measures Presented in Earnings Release

(Dollars in thousands, except per share data)

 
   

Three Months Ended March 31,

2012     2011
Total noninterest income $ 2,783 $ 4,841
Bargain purchase gain   --     (2,334 )
Adjusted noninterest income $ 2,783   $ 2,507  
 
Total noninterest expense $ 10,801 $ 8,398
Acquisition-related expenses   (331 )   (282 )
Adjusted noninterest expense $ 10,470   $ 8,116  
 
 
Net income as reported $ 971 $ 1,215
Bargain purchase gain and acquisition-related expenses, net of tax*   246     (1,218 )
Adjusted net income (loss) $ 1,217   $ (3 )
 
Diluted earnings per share $ 0.12 $ 0.15
Bargain purchase gain and acquisition-related expenses, net of tax*   0.03     (0.15 )
Adjusted diluted earnings (loss) per share $ 0.15   $ (0.00 )
 

* The effective tax rate is used for the period presented to determine net of tax amounts.

 

Net Income (Loss) and Diluted Earnings (Loss) Per Share are presented in accordance with Generally Accepted Accounting Principles (GAAP). Adjusted Noninterest Income, Adjusted Noninterest Expense, Adjusted Net Income (Loss) and Adjusted Diluted Earnings (Loss) Per Share are non-GAAP financial measures. The Company believes that these non-GAAP measures aid in understanding and comparing current-year and prior-year results, both of which include unusual items of different natures. These non-GAAP measures should be viewed in addition to, and not as a substitute for, the Company's reported results.

 

HERITAGE FINANCIAL GROUP, INC.

Unaudited Financial Highlights

(Dollars in thousands, except per share data)

 
   

Three Months Ended March 31,

2012     2011
Interest income $ 11,659 $ 8,624
Interest expense   1,935   2,591
Net interest income 9,724 6,033
Provision for loan losses   400   600
Net interest income after provision for loan losses 9,324 5,433
Noninterest income 2,783 4,841
Noninterest expense   10,801   8,398
Income before income taxes 1,306 1,876
Income tax expense   335   661
Net income $ 971 $ 1,215
Net income per share:
Basic $ 0.12 $ 0.15
Diluted $ 0.12 $ 0.15
Weighted average shares outstanding:
Basic   8,144,382   8,186,502
Diluted   8,145,730   8,187,835
Dividends declared per share $ 0.04 $ 0.03
 
   

Mar. 31, 2012

Dec. 31, 2011

Mar. 31, 2011

Total assets $ 1,075,510 $ 1,089,852 $ 951,918
Cash and cash equivalents 22,438 34,521 64,580
Interest-bearing deposits in banks 47,174 43,101 21,800
Securities available for sale 264,535 259,017 220,803
Loans 562,495 560,620 496,067
Allowance for loan losses 7,629 7,494 6,138
Total deposits 868,743 884,187 731,088
Federal Home Loan Bank advances 35,000 35,000 60,000
Stockholders' equity 125,067 124,136 121,331
 

Heritage Financial Group, Inc.

First Quarter 2012 Earnings Release Supplement
(Unaudited)
(Dollars in thousands, except per share data)
    Three Months Ended
March 31,
2012     2011
Income Statement Data

Interest income

Loans $ 10,147 $ 7,145
Loans held for sale 182 8
Securities - taxable 979 1,207
Securities - nontaxable 299 211
Federal funds sold 15 13
Interest-bearing deposits in banks   37     40
Total interest income   11,659     8,624

Interest expense

Deposits 1,263 1,848
Other borrowings   672     743
Total interest expense   1,935     2,591
Net interest income 9,724 6,033
Provision for loan losses   400     600
Net interest income after provision for loan losses   9,324     5,433

Non-interest income

Service charges on deposit accounts 1,020 1,051
Bankcard services income 824 586
Other service charges, fees & commissions 85 74
Brokerage fees 446 354
Mortgage banking fees 689 268
Bank owned life insurance 140 145
Gain on sale of securities 42 -
Bargain purchase gain - 2,334
Accretion of FDIC loss-share receivable (498 ) -
Other   35     29
Total non-interest income   2,783     4,841

Non-interest expense

Salaries and employee benefits 5,536 4,328
Equipment 667 351
Occupancy 657 445
Advertising & marketing 180 164
Legal & accounting 119 210
Consulting & other professional fees 119 179
Director fees & retirement 165 227
Telecommunications 231 145
Supplies 154 95
Data processing fees 821 518

(Gain) loss on sale and write-downs of other real estate owned

(7 ) 402

Loss on sale and write-downs of FDIC acquired other real estate

174 -
Foreclosed asset expenses 221 170
Foreclosed FDIC acquired asset expenses 162 -
FDIC insurance and other regulatory fees 245 293
Acquisition related expenses 331 282
Deposit Intangible expense 201 95
Other operating   825     494
Total non-interest expense   10,801     8,398
Income before taxes 1,306 1,876
Applicable income tax   335     661
Net income $ 971   $ 1,215
 
Weighted average shares - basic 8,144,382 8,186,502
Weighted average shares - diluted 8,145,730 8,187,835
 
Basic earnings per share $ 0.12 $ 0.15
Diluted earnings per share 0.12 0.15
Cash dividend declared per share 0.04 0.03
 
Heritage Financial Group, Inc.
First Quarter 2012 Earnings Release Supplement
(Unaudited)
(Dollars in thousands, except per share data)
    March 31,
2012     2011
Balance Sheet Data (Ending Balance)
Total loans $ 562,495 $ 496,067
Loans held for sale 4,731 2,642
Covered loans 95,493 62,372
Allowance for loan losses 7,629 6,138
Total foreclosed assets 12,117 10,577
Covered other real estate owned 8,445 7,361
FDIC loss-share receivable 82,925 58,174
Intangible assets 4,647 4,713
Total assets 1,075,510 951,918
Non-interest-bearing deposits 88,582 63,134
Interest-bearing deposits 780,161 667,954
Federal Home Loan Bank advances 35,000 60,000

Federal funds purchased and securities sold under agreement to repurchase

37,227 31,509
Stockholders' equity   125,067     121,331  
Total shares outstanding   8,668,752     8,712,750  
 
Unearned ESOP shares 425,813 478,996
 
Book value per share $ 15.17 $ 14.74
Tangible book value per share (non-GAAP) 14.61 14.16
Market value per share 11.82 12.73
 
Three Months Ended
March 31,
2012 2011
Average Balance Sheet Data
Average interest-bearing deposits in banks $ 37,999 $ 16,150
Average federal funds sold 22,363 24,111
Average investment securities 257,863 228,530
Average loans 560,385 456,851
Average mortgage loans held for sale 4,550 737
Average FDIC loss-share receivable 84,017 27,489
Average earning assets 883,160 726,379
Average assets 1,074,260 858,398
Average noninterest-bearing deposits 84,920 52,414
Average interest-bearing deposits 784,944 586,129
Average total deposits 869,864 638,543

Average federal funds purchased and securities sold under agreement to repurchase

33,822 31,568
Average Federal Home Loan Bank advances 35,000 61,749
Average interest-bearing liabilities 853,766 679,446
Average stockholders' equity 125,503 120,248
 
Performance Ratios
Annualized return on average assets 0.36 % 0.57 %
Annualized return on average equity 3.09 % 4.04 %
Net interest margin 4.49 % 3.42 %
Net interest spread 4.46 % 3.32 %
Efficiency ratio 86.36 % 77.23 %
 
Capital Ratios
Average stockholders' equity to average assets 11.7 % 14.0 %
Tangible equity to tangible assets (non-GAAP) 11.2 % 12.3 %
Tier 1 leverage ratio (1) 11.4 % 13.4 %
Tier 1 risk-based capital ratio (1) 21.0 % 23.3 %
Total risk-based capital ratio (1) 22.2 % 24.5 %
 
Other Information
Full-time equivalent employees 324 273
Number of full-service offices 21 20
Mortgage loan offices 11 5
Investment offices 3 2
 
(1) March 31, 2012 consolidated ratios may be subject to change pending the filing of an amendment to our call report; all other periods are presented as filed.
 
 

Heritage Financial Group, Inc.

First Quarter 2012 Earnings Release Supplement
(Unaudited)
(Dollars in thousands, except per share data)
    Five Quarter Comparison for the Three Months Ended
3/31/12     12/31/11     9/30/11     6/30/11     3/31/11
Income Statement Data

Interest income

Loans $ 10,147 $ 9,945 $ 8,774 $ 7,564 $ 7,145
Loans held for sale 182 198 45 46 8
Securities - taxable 979 1,095 1,013 1,221 1,207
Securities - nontaxable 299 251 207 211 211
Federal funds sold 15 15 16 16 13
Interest-bearing deposits in banks   37     65     93     51     40
Total interest income   11,659     11,569     10,148     9,109     8,624

Interest expense

Deposits 1,263 1,671 2,048 1,983 1,848
Other borrowings   672     686     687     684     743
Total interest expense   1,935     2,357     2,735     2,667     2,591
Net interest income 9,724 9,212 7,413 6,442 6,033
Provision for loan losses   400     595     1,000     700     600
Net interest income after provision for loan losses   9,324     8,617     6,413     5,742     5,433

Non-interest income

Service charges on deposit accounts 1,020 1,237 1,267 1,222 1,051
Bankcard services income 824 691 684 674 586
Other service charges, fees & commissions 85 188 62 75 74
Brokerage fees 446 298 328 406 354
Mortgage banking fees 689 674 719 624 268
Bank owned life insurance 140 148 146 149 145
Life insurance proceeds - - - 32 -
Gain on sale of securities 42 18 213 453 -
Bargain purchase gain - - 2,000 (117 ) 2,334
Accretion of FDIC loss-share receivable (498 ) (72 ) 448 5 -
Other   35     33     25     37     29
Total non-interest income   2,783     3,215     5,892     3,560     4,841

Non-interest expense

Salaries and employee benefits 5,536 5,758 5,384 4,923 4,328
Equipment 667 701 516 428 351
Occupancy 657 613 685 536 445
Advertising & marketing 180 233 167 220 164
Legal & accounting 119 93 118 167 210
Consulting & other professional fees 119 131 208 198 179
Director fees & retirement 165 151 160 161 227
Telecommunications 231 274 206 204 145
Supplies 154 151 156 145 95
Data processing fees 821 856 857 615 518

(Gain) loss on sale and write-downs of other real estate owned

(7 ) (27 ) (139 ) 535 402

Loss (gain) on sale and write-downs of FDIC acquired other real estate

174 (92 ) (246 ) (45 ) -
Foreclosed asset expenses 221 22 216 244 170
Foreclosed FDIC acquired asset expenses 162 118 72 1 -
FDIC insurance and other regulatory fees 245 179 128 354 293
Acquisition related expenses 331 254 299 474 282
Deposit intangible expense 201 207 183 207 95
Other operating   825     906     809     673     494
Total non-interest expense   10,801     10,528     9,779     10,040     8,398
Income (loss) before taxes 1,306 1,304 2,526 (738 ) 1,876
Applicable income tax (benefit)   335     (91 )   786     (257 )   661
Net income (loss) $ 971   $ 1,395   $ 1,740   $ (481 ) $ 1,215
 
Weighted average shares - basic 8,144,382 8,229,293 8,215,077 8,213,761 8,186,502
Weighted average shares - diluted 8,145,730 8,230,206 8,216,472 8,215,090 8,187,835
 
Basic earnings (loss) per share $ 0.12 $ 0.17 $ 0.21 $ (0.05 ) $ 0.15
Diluted earnings (loss) per share 0.12 0.17 0.21 (0.05 ) 0.15
Cash dividend declared per share 0.04 0.03 0.03 0.03 0.03
 
 

Heritage Financial Group, Inc.

First Quarter 2012 Earnings Release Supplement
(Unaudited)
(Dollars in thousands, except per share data)
    Five Quarter Comparison
3/31/12     12/31/11     9/30/11     6/30/11     3/31/11
Balance Sheet Data (at period end)
Total loans $ 562,495 $ 560,620 $ 560,940 $ 500,724 $ 496,067
Loans held for sale 4,731 7,471 5,538 5,579 2,642
Covered loans 95,493 107,457 116,206 60,426 62,372
Allowance for loan losses 7,629 7,494 6,936 6,585 6,138
Total foreclosed assets 12,117 13,441 12,355 9,693 10,577
Covered other real estate owned 8,445 10,084 10,514 6,968 7,361
FDIC loss-share receivable 82,925 83,901 87,757 58,152 58,174
Intangible assets 4,647 4,848 5,056 4,388 4,713
Total assets 1,075,510 1,089,852 1,102,504 963,571 951,918
Non-interest-bearing deposits 88,582 78,823 84,716 73,382 63,134
Interest-bearing deposits 780,161 805,364 815,387 690,291 667,954
Federal home loan bank advances 35,000 35,000 35,000 35,000 60,000

Federal funds purchased and securities sold under agreement to repurchase

37,227 35,049 36,118 31,989 31,509
Stockholders' equity 125,067 124,136 123,638 122,038 121,331
 
Total shares outstanding 8,668,752 8,712,031 8,712,140 8,712,750 8,712,750
 
Unearned ESOP shares 425,813 439,138 452,348 465,673 478,996
 
Book value per share $ 15.17 $ 15.01 $ 14.97 $ 14.80 $ 14.74
Tangible book value per share (non-GAAP) 14.61 14.42 14.36 14.26 14.16
Market value per share 11.82 11.80 10.36 11.92 12.73
 
 
Five Quarter Comparison
3/31/12 12/31/11 9/30/11 6/30/11 3/31/11
Average Balance Sheet Data
Average interest-bearing deposits in banks $ 37,999 $ 56,025 $ 102,769 $ 44,525 $ 16,150
Average federal funds sold 22,363 22,805 26,889 20,447 24,111
Average investment securities 257,863 240,101 201,762 210,261 228,530
Average loans 560,385 559,556 533,487 501,929 456,851
Average mortgage loans held for sale 4,550 7,599 4,336 3,878 737
Average FDIC Loss-Share Receivable 84,017 86,544 71,942 58,149 27,489
Average earning assets 883,160 878,487 864,907 777,162 725,642
Average assets 1,074,260 1,085,490 1,040,575 966,962 858,398
Average noninterest-bearing deposits 84,920 80,376 76,940 70,346 52,414
Average interest-bearing deposits 784,944 801,246 761,344 680,424 586,129
Average total deposits 869,864 881,622 838,284 750,770 638,543

Average federal funds purchased and securities sold under agreement to repurchase

33,822 36,621 33,678 31,664 31,568
Average Federal Home Loan Bank advances 35,000 35,000 35,000 54,143 61,749
Average interest-bearing liabilities 853,766 872,867 830,022 766,231 679,446
Average stockholders' equity 125,503 124,257 123,844 122,528 120,248
 
Performance Ratios
Annualized return on average assets 0.36 % 0.51 % 0.67 % -0.20 % 0.57 %
Annualized return on average equity 3.09 % 4.49 % 5.62 % -1.57 % 4.04 %
Net interest margin 4.49 % 4.19 % 3.44 % 3.36 % 3.42 %
Net interest spread 4.46 % 4.17 % 3.38 % 3.34 % 3.32 %
Efficiency ratio 86.36 % 85.01 % 73.50 % 100.38 % 77.23 %
 
Capital Ratios
Average stockholders' equity to average assets 11.7 % 11.4 % 11.9 % 12.7 % 14.0 %
Tangible equity to tangible assets (non-GAAP) 11.2 % 11.0 % 10.8 % 12.3 % 12.3 %
Tier 1 leverage ratio 11.4 % 11.2 % 11.3 % 12.1 % 13.4 %
Tier 1 risk-based capital ratio 21.0 % 21.2 % 21.2 % 22.2 % 23.3 %
Total risk-based capital ratio 22.2 % 22.4 % 22.4 % 23.4 % 24.5 %
 
Other Information
Full-time equivalent employees 324 327 313 295 273
Number of full-service offices 21 22 23 21 20
Mortgage loan offices 11 11 11 10 5
Investment offices 3 3 3 2 2
 
 

Heritage Financial Group, Inc.

First Quarter 2012 Earnings Release Supplement
(Dollars in thousands)
    Three Months Ended
March 31,
2012     2011
Loans by Type
Construction and land loans $ 24,375 $ 27,580
Farmland loans 17,150 13,707
Permanent 1 - 4 132,172 129,371
Permanent 1 - 4 - junior liens and revolving 25,220 25,642
Multifamily 18,577 12,110
Nonresidential 150,492 119,325
Commercial business loans 59,697 52,662
Consumer and other loans   21,935     25,046  
449,618 405,443
Loans acquired through FDIC-assisted acquisitions:
Non covered loans 17,384 28,252
Covered loans   95,493     62,372  
  562,495     496,067  
 
OREO 2,992 2,659
 
OREO assets acquired through FDIC-assisted acquisitions:
Non Covered 680 556
Covered   8,445     -  
  12,117     3,215  
 
Asset Quality Data (excluding assets acquired through FDIC-assisted acquisitions):
Allowance for loan losses to total loans 1.70 % 1.51 %
Allowance for loan losses to average loans 1.35 % 1.59 %
Allowance for loan losses to non-performing loans 71.42 % 67.63 %
Accruing past due loans $ 452 $ 1,245
Nonaccrual loans 10,681 9,077
Loans - 90 days past due & still accruing - -
Total non-performing loans 10,681 9,077
OREO and repossessed assets 2,992 3,215
Total non-performing assets 13,673 12,292
Non-performing loans to total loans 2.38 % 2.24 %
Non-performing assets to total assets 1.27 % 1.29 %
QTD Net charge-offs to average loans (annualized) 0.24 % 2.80 %
Net charge-offs QTD $ 265 $ 2,563
 
 

Heritage Financial Group, Inc.

First Quarter 2012 Earnings Release Supplement
(Dollars in thousands)
    Five Quarter Comparison for the Quarter Ended
3/31/12     12/31/11     9/30/11     6/30/11     3/31/11
Loans by Type
Construction and land loans $ 24,375 $ 26,804 $ 28,115 $ 26,688 $ 27,580
Farmland loans 17,150 17,921 18,272 13,276 13,707
Permanent 1 - 4 132,172 129,745 134,269 131,596 129,371
Permanent 1 - 4 - junior liens and revolving 25,220 26,154 26,071 26,140 25,642
Multifamily 18,577 15,797 13,754 12,755 12,110
Nonresidential 150,492 138,970 129,730 131,027 119,325
Commercial business loans 59,697 55,179 47,854 50,997 52,662
Consumer and other loans   21,935     23,872     21,955     23,592     25,046  
  449,618     434,442     420,020     416,071     405,443  
 
Loans acquired through FDIC-assisted acquisitions:
Non covered loans 17,384 18,721 24,713 24,227 28,252
Covered loans   95,493     107,457     116,206     60,427     62,372  
  562,495     560,620     560,939     500,725     496,067  
 
 
Asset Quality Data (excluding Loans acquired through FDIC-assisted acquisitions):
Allowance for loan losses to total loans 1.70 % 1.72 % 1.65 % 1.58 % 1.51 %
Allowance for loan losses to average loans 1.35 % 1.32 % 1.29 % 1.48 % 1.59 %
Allowance for loan losses to non-performing loans 71.42 % 106.40 % 86.76 % 76.67 % 67.63 %
Accruing past due loans $ 452 $ 371 $ 1,487 $ 727 $ 1,245
Nonaccrual loans 10,681 7,043 7,994 8,589 9,077
Loans - 90 days past due & still accruing - - - - -
Total non-performing loans 10,681 7,043 7,994 8,589 9,077
OREO and repossessed assets 2,992 3,356 1,841 2,725 3,215
Total non-performing assets 13,673 10,399 9,835 11,314 12,292
Non-performing loans to total loans 2.38 % 1.62 % 1.90 % 2.06 % 2.24 %
Non-performing assets to total assets 1.27 % 0.95 % 0.89 % 1.17 % 1.29 %
Net charge-offs to average loans (annualized) 0.24 % 0.04 % 0.73 % 0.26 % 2.80 %
Net charge-offs $ 265 $ 37 $ 650 $ 253 $ 2,563
 

Note:

Certain prior-period amounts have been reclassified to conform with current presentation.
Loans acquired through FDIC-assisted acquisitions include loans acquired in the acquisition of The Tattnall Bank in December of 2009 and the acquisition of Citizens Bank of Effingham in February 2011 and First Southern National Bank in August 2011. The acquisition of The Tattnall Bank did not involve a loss-share agreement with the FDIC. The acquisition of Citizens Bank of Effingham involved a loss-share agreement in which the FDIC will, for a specified number of years, reimburse the Bank for 80% of all losses and related expenses on covered assets.




5 of 6

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim 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
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David 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
Dividend Stock Advisor
Try it NOW

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
Real Money Pro
Try it NOW

All 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 Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our 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
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,098.74 -73.94 -0.43%
S&P 500 1,988.37 -5.92 -0.30%
NASDAQ 4,524.7220 -2.9670 -0.07%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs