Wainwright Bank & Trust Company is Today's Focus Stock on MicroStockProfit.com

DALLAS, June 30, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Wainwright Bank & Trust Company WAIN.  The report includes financial, comparative and investment analyses, and recent company news that you need to know to make an educated investment decision.

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The full report is available at: http://www.microstockprofit.com/lp/WAIN

WAIN's recent volatility has been greater than normal.  This is evidenced by the increased distance between the upper and lower Bollinger Bands.  These bands measure volatility using standard deviation and a large width is due to high volatility.  Additionally, WAIN is trading above its upper Bollinger Band.  Relative to recent price action, the stock is currently overextended and due for either a pause or retracement.

Wainwright Bank & Trust Company (WAIN) is a banking company principally engaged in the business of attracting deposits from the general public and private customers, originating residential and commercial real estate mortgages, commercial and consumer loans, investing in securities and providing investment management services.  The Company's wholly owned subsidiary, Heritage Capital Management Inc., conducts investment management business.

Message Board Search for WAIN: http://www.boardcentral.com/boards/WAIN

In the report, the analyst notes:

"WAIN reported consolidated net income of $2,109,000 for the quarter ended March 31, 2010, and basic earnings per share of $.28 ($.25 per diluted share).  This compares to consolidated net income of $1,560,000 and basic earnings per share of $.17 ($.16 per diluted share) for the quarter ended March 31, 2009.

"WAIN recently announced it will receive $19 per share in cash to be acquired by Eastern Bank Corp.  The merger will combine two banks focused on serving their communities, while providing enhanced convenience for customers of both organizations.  The combined organization will have more than 90 retail banking offices serving people and businesses across eastern Massachusetts, including 22 offices in the Boston metro area."

To read the entire report visit: http://www.microstockprofit.com/lp/WAIN

See what investors are saying about WAIN at penny stock forum

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