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PULB Strong Buy   0.00% 0 members Buy   0.00% 0 members Hold   0.00% 0 members Sell   100.00% 1 members Strong Sell   0.00% 0 members
Average rating: 4.00 (Strong Buy) 1.00 - 5.00 (Strong Sell) Total: 1 members

Annual growth of PULB: NOTE: areas highlighted in blue indicate that this user is sharing the highlighted information with their private group ONLY
Jul. 1 2003, 2:35 PM ET Nearest price: 9.32 (07/01/03)	by sturmdrang (profile) (all of sturmdrang's ratings)	rating: Sell
PULB - Pulaski Savings, St. Louis The stock of this $430 million savings institution has been on a roll, rising from $21.50 to a current $27.80 in just the last three months. Its key operating statistics are favorable: ROE:......14.7% ROAA:.. 1.4% Efficiency Ratio:...56% Assets per Office:... $86 million Mortgage loan originations were over $1 billion in 2002 with resulting non-interest income to operating revenue of 43%. This, of course, begs the question of what happens when mortgage volume dries up. With a P/E of nearly 16 and a current market valuation of 222% of book value, this fine savings bank, like many other thrifts, carries too rich a price. Although Stifel, Nichols rates it a Hold, I place it in the Sell category. Was this user's rating of 'PULB' helpful to you?

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