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The Midwest banking industry is projected to generate 1994 income levels higher than those posted in 1993. One issue that could improve business conditions would be national banking legislation, which would allow banks in Kansas, Iowa and Missouri to expand their services. The industry has also improved its fee-generating potential by increasing its emphasis in non-loan services such as credit cards and mortgage banking. Current valuations of stocks in this industry are high, although investors looking for strong dividend yields should consider companies in this industry.

Stocks of banks in the midwestern states have been suffering price drops. However, the speculation about the negative effect of narrower interest margins seems exaggerated. Earnings for this group should improve in 1994 and 1995, though not at the pace they did in 1992 and 1993. The strength of fundamentals in the industry mean that the issues could appreciate significantly. Small banks are an attractive option for more risky investors.

The Midwest banking industry is positioned to continue growing in 1994 thanks to loan demand and credit stability. Overhead costs have been substantially cut, and efficiency ratios are at about 60%. Many of these issues lost 20% of their stock price when investors felt short term interest rates were about to rise, and should gain that back soon. Investors should concentrate their funds in banks with established niches, such as community or corporate banking.

Liberty National Bancorp Inc. reported net income of $10.4 million, or 56 cents a share, for the fourth quarter ended Dec. 31, compared with a gain of $9.2 million, or [...]

The Louisville, Ky.-based bank holding company reported 1991 net income of $39.1 million, a 19.2 percent increase from 1990. For the fourth quarter, Liberty reported net income of $10.38 million, [...]

The Louisville, Ky.-based bank holding company reported third-quarter net income of $9.7 million, a 48.3 increase from a year [...]

Liberty National Bancorp Inc. announced net income of $9.7 million, or 83 cents a share, for the third quarter ended Sept. 30, compared with a gain of $6.6 million, or [...]

Liberty National Bancorp Inc. reported net income of $9.5 million, or 78 cents a share, for the second quarter ended June 30, compared with a gain of $8.5 million, or [...]

Liberty National Bancorp Inc. The Louisville, Ky.-based bank holding company reported net income of $9.5 million for the second quarter ended June 30, an 11 percent increase from a year [...]

Liberty National Bancorp Inc. announced net income of $9.5 million, or 82 cents a share, for the second quarter ended June 30, compared with a gain of $8.5 million, or [...]

Liberty National Bancorp Inc. Liberty National Bancorp Inc. announced net income of $9.5 million, or 83 cents a share, for the first quarter ended March 31, compared with a gain [...]

Liberty National Bancorp Inc. announced net income of $9.2 million, or 80 cents a share, for the fourth quarter ended Dec. 31, compared with a gain of $9.4 million, or [...]

Liberty National Bancorp Inc. reported net income of $6.5 million, or 56 cents a share, for the third quarter ended Sept. 30, compared with a gain of $8 million, or [...]

Liberty National takes $2.7 million loan charge-off Liberty National Bancorp Inc. can be added to the list of local financial institutions troubled by commercial loans. The company announced that it [...]

Liberty National Bancorp Inc. Liberty National Bancorp Inc. announced net income of $8.5 million, or 74 cents a share, for the second quarter ended June 30, compared with a gain [...]