But his business interests --what about his farm, his cattle, his machinery, his bank stock
, his mortgages, his municipal bonds?
Yes Bank stock
was the top loser among the blue chips on both the key indices.
"I couldn't buy my own bank stock
"--Home BancShares was in a quiet period before its earnings release last Thursday --"so I just bought Simmons," Allison said.
"The recent collapse in worldwide bank stock
prices can be explained not so much by potential defaults in the energy/commodity complex, as by investor recognition that banks are now not only being more tightly regulated, but that future ROEs will be much akin to a utility stock," writes Gross.The KBW Bank Index (BKX) is down 11.8% year to date -- four times the drop in the S&P 500.
Under the terms of the deal, Pacific Commerce Bank is issuing USD 5.75m in cash and approximately 1,989,461 shares of Pacific Commerce Bank stock
in exchange for all outstanding Vibra Bank shares for aggregate consideration of USD 17.4m, assuming a USD 5.87 per share value for the Pacific Commerce Bank stock
The BLOM Bank stock
index fell Monday by 0.35 percent to reach 1,141.16 points.
Early studies on market performance of banks use changes in the stock market and interest rates to explain bank stock
Only IRAs that own bank stock
qualify; IRAs that own bank holding company stock do not; see Secs.
Since Royal Bank's results day when it announced a ten per cent rise in first-half pretax profit, its shares have fallen almost nine per cent, making it the worst performing bank stock
in London's FTSE 100 index of blue chips, reflecting investors' concerns that the British bank may issue new shares to pay for its next acquisition.
Carole Berger, a bank stock
analyst for TIAA-CREF Investments, recalls problems encountered by Bank One in the mid-1980s.
Low individual bank leverage ratios reflected the heavy reliance on bank stock
, not deposits, as a source of funds.
Yet during the Reagan administration, no reporter ever pointed out Baker's ownership of the bank stock
, and he never mentioned it in his confirmation hearings for the job at either State or Treasury, although the subject of Third World debt came up at both.