tag:blogger.com,1999:blog-2986124651030959736.post499377469820992900..comments2024-03-28T09:42:38.695-05:00Comments on Stocks, Bonds & Politics: Sold 50 UNB at 19.5/TRST OCFC MOL GE/Pared JSN-Sold 100 at 12.38 in ROTH IRA/TENNINDEPENDENThttp://www.blogger.com/profile/17444227958539559639noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2986124651030959736.post-36334856785079704042011-07-26T20:06:27.974-05:002011-07-26T20:06:27.974-05:00I checked that site out. It does provide some basi...I checked that site out. It does provide some basic information that I routinely examine from earnings reports. This would include the efficiency ratio, the capital ratios, and the net interest margin. <br /><br />At the present time, I do not believe NYB needs to reduce the dividend. That is not the same as saying that the might want to retain more capital by reducing the dividend to a yield more in conformity with their pier group.<br /><br /> Many investors are starting to focus on net interest margin compression, due to a continuation of low interest rates. Many banks got a temporary boost when higher yielding CDs rolled over and their depositors rolled them over into low yielding ones. A lot of that benefit has now been exhausted, and the net interest margin is starting to trend down for many banks. That will impede earnings growth, all other factors being equal. <br /><br />NYB did have a net interest margin of 3.5% for the recent quarter, but that was down from 3.58% in the prior quarter. Some investors would get spooked by that trend. I am not so concerned about it, since it is still an improvement over 6/2010. <br /><br />There is however nothing in the last report to cause me to sell my 100 shares or to buy more. If the stock continues to decline I might decide to add back part of the 100 previously sold. I am in no hurry to that now.TENNINDEPENDENThttps://www.blogger.com/profile/17444227958539559639noreply@blogger.comtag:blogger.com,1999:blog-2986124651030959736.post-70034110023751897032011-07-26T19:43:47.598-05:002011-07-26T19:43:47.598-05:00ran across this re: NYB,
https://www.bank-trends....ran across this re: NYB, <br />https://www.bank-trends.com/Samples.aspx<br /><br />NYB FDIC cert # is 16022, just enter to analyze a bank, maybe find other #s for your bank holdings,<br />market doesn't think div is sustainable, but the metrics don't look that bad, 76% resid mortgages is high though.Rest is commercial.Anonymousnoreply@blogger.com