A thrift holding company seems to be a bright spot in the otherwise gloomy business environment of today. Many investors are accustomed to diversifying portfolios by sector, country, and market capitalization value, but this bank is an example of stock value through structure of ownership and management control. Certainly, this institution has shown consistent business performance at a time when the entire financial services sector is under critical scrutiny. 2007 has proved that this financial institution can deliver returns even in adverse business conditions.
Strict boundaries on the area of operation set this bank apart from the conventional model of large financial institutions operating on global scales. This stock is small and local, but is clearly under an effective management team. Though an individual has started litigation regarding the validity of the bank’s provision, the official accounts show that the sub-prime category of spurious business transactions is strictly under control here. Since the organization appears to be so distinctly process based, investors can expect it to be best prepared for rapid expansion in a more favorable part of the business cycle.
The bank has a high profile of social responsibility to go with its impressive record of over 50 successive quarterly dividends. Most of its community work concerns children, which all stakeholders will appreciate. The stock is supported by a clear and creative organization structure that has operationally autonomous business units for personal banking, mortgages, retirement financial services, and other lines of financial services. Investors can hold this stock not just for the reliability of its quarterly returns, but for the prestige of owning parts of an involved, responsible, and accountable business.
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