24Business

Piper Sandler becomes a bull on these two Southeast Bank shares


For investors seeking a solid return, several strategies beat the classic approach “Buy DIP”. The idea is simple: notice shares with a temporary depressing price, but a firm potential for recovery and lease it while still hit. It’s a golden rule of investment – buy low, sell high.

Identifying shares that are affected is easy; The real challenge lies in distinguishing those set up to return. Not every stock that breaks down, some are in the spiral down without recovery in sight. It is crucial to find companies with strong bases that only experience temporary failure, not a long -term fall.

Enter Stephen Scouten Piper Sandler, who sees the opportunity to buy on two southeasts Bank shares which are recently dipped. Southeast has been the main initiator of American economic growth in recent years, with power plants such as Tennessee and Florida – which make the region a probable house for strong supplies.

To get a complete picture, we turned toward Tipranks database To see what the rest of Wall Street thinks of Scouten’s types. Let’s dive.

FB Financial Corporation (FBK)

The first section we will look at, FB Financial, is a banking holding headquartered in Tennessee, which operates through its branch, the first bank. From its headquarters in Nashville, the capital of one of the most dynamic state economies, FB financially oversees a network of banking branches across Tennessee, Kentucky, Alabama and Northern Georgia, and manages hypothecular offices throughout the southeast region. The company serves individuals, families and companies and has a “local first” access to the banking business.

The company offers a number of banking services. Individuals can access personal check and savings, take loans, get debit and credit cards, and even set protection against account exceeding. On the business side, FB offers, again, checks and savings accounts, as well as business loans, credit services and treasury management. Customers can personally access their accounts at the locations of the branches, as well as through the Internet via the working surface and mobile devices. The banking company also offers investment and trust services as well as mortgage loans.

In his last three -month earnings, for 4Q24, FB Financial reported on the highest line of $ 130.37 million, which is USD $ 116.42 million in $ 4Q23. At the bottom, the company was 85 percent EPS non-gaap was 2 cents better than expected.



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