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Thrift industry

Authors :
Mitkowski, Robert, Jr.
Ferro, Mario
Romaine, Sigourney B.
Ferguson, Keith E.
Source :
The Value Line Investment Survey (Part 3 - Ratings & Reports). Jan 30, 1998, Vol. 53 Issue 21, p1161, 15 p.
Publication Year :
1998

Abstract

Profit margins and earnings for savings and loan associations and savings banks have been squeezed in the late 1990s due to lower interest rates and a flat yield curve. However, thrifts that are high-volume lenders are in a better situation than others and the industry is timely with good earnings momentum and expected future consolidation. Investors should select stocks of well-managed thrifts, or those that are good takeover targets.

Details

ISSN :
00422401
Volume :
53
Issue :
21
Database :
Gale General OneFile
Journal :
The Value Line Investment Survey (Part 3 - Ratings & Reports)
Publication Type :
Periodical
Accession number :
edsgcl.20230119