April 22, 2019 | Daily JAM, IBCP, Stock Alerts |
When I posted earlier today that I would keep Bank of America (BAC) in my Dividend Portfolio I said the decision rested largely on the ways that Bank of America wasn't like the "average" bank. Chief among these "ways" was the bank's ability to use its fee income--from...
August 21, 2018 | Daily JAM, IBCP, Stock Alerts |
I'm on vacation until August 26. I'm using the down time to get caught up on earnings reports I missed during the very busy second quarter earnings season. On July 25 after the market close Independent Bank (IBCP) reported earnings of 44 cents a share, 5 cents a...
April 23, 2018 | Daily JAM, IBCP, Stock Alerts |
Independent Bank (IBCP) reported first quarter earnings of 42 cents a share today. That's up from 28 cents a share in the first quarter of 2017. Special items added 4 cents a share to earnings. The reduction in the bank's tax rate thanks to the Tax Cuts and Jobs Act...
March 20, 2018 | Daily JAM, IBCP, Stock Alerts |
Just in case you haven't noticed, it's really, really hard at the moment to find a decent dividend yield in a stock that doesn't require taking on substantial risk. That's what happens when you've got elevated asset prices after a long rally, a still-low interest rate...