community banks

A disproportionate number of the best-performing community banks hail from the Mid-Atlantic region, according to data from OTC Markets Group. Of April's 12 best-performing securities on the OTCQX Banks Index, which tracks the performance of financial institutions trading on the OTC Markets...

Prior to 2012, a community bank had two options if it wanted to go public: IPO on an exchange or trade on what’s now known as the Pink Open Market. One of those options is capital intensive. The other comes with minimal financial standards and disclosure requirements. For many firms, neither...

As of the end of the first quarter, there are over 90 domestic and international banks trading on the OTCQX Best Market with an aggregate market capitalization of $94.9 billion and combined assets of more than $3.1 trillion. Many of these banks are local U.S. community banks, due in part to a...

Though the government shutdown threatened to stall the 2019 major IPO market before it even had a chance to get off the ground, there is one sector that is hoping to keep its IPO momentum going in 2019: community banks. Eleven community banks held initial public offerings in 2018 according to data...

In 2018, over 75 percent of securities that upgraded to OTCQX, the highest tier of OTC Markets, were in the cannabis, basic materials, and financial sectors. (According to an analysis of issuer data.)  There are over 10,000 securities that trade on one of OTC Markets three tiers—OTCQX...

Financial services, the second-largest sector weight in the S&P 500 behind technology, has been soaring and expectations of more interest rate hikes from the Federal Reserve are a big reason why. That dream could be realized this week as many bond market participants are expecting the Fed will...

The financial services sector has been scorching hot over the past two months, and with the sector's earnings season in full bloom, some short sellers are taking the opportunity to prepare for pullbacks. Exposed: Between Bases That includes rising short interest in smaller, community banks that...

I just returned from the Bank Director 2016 Grow The Bank Conference in Dallas and I have to say it was one of the more interesting meetings I've attended this year. This conference covered everything from the 30,000 foot view of the rapidly changing banking industry to the nuts and bolts of...

Last week, I was fortunate enough to attend the Bank Director's Acquire or Be Acquired Conference in Phoenix, Arizona. I go to several conferences and investment shows a year and this was one was a completely different duck. This was not the traditional dog and pony "look at me"...

Deep value investor Tim Melvin had the opportunity to speak with Rhino Small-Cap Financial Fund President and CEO John Schneider. Below is a full transcript of their conversation. Tim Melvin: We're on with John Schneider today, he's the president and chief investment officer of the Rhino Small-Cap...

In a report published Thursday, Raymond James analyst David Long made nine rating changes on community banking stocks, which include one upgrade and eight downgrades. "The operating environment remains challenging in light of continued NIM pressure and upward pressure on noninterest...

Last week we talked about riding the coattails of bank stock activists to earn outsized profits in the stock market. A study released by analysts at Sterne Agee as well as the practical experience of investors in the sector tell us that the presence of an activist in a small regional or...

This week is something of a holiday for value-oriented investors. They might not get to take any time off, but they do get a few presents. Growth investors and traders can celebrate earnings season, but for those with a longer term view of the world, the most exciting quarterly event is the...

The world of banking, especially community banking, is changing rapidly. As Fed Governor Jerome Powell said in the opening section of the recent Community Banking Community Banking in the 21st Century Paper released last month, “For many community banks, the past year has been one of...