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Three things that need to happen.     20-Oct-09 11:26 am    
1. Non-performing loans staying below $100mm, with both net charge offs and allowance for loan losses staying below $10mm a quarter.

2. A modest increase in the quarterly dividend by Q3 or Q4 of 2010.

3. A realistic plan to pay back the $100mm in TARP money this bank took, which is costing it $1.5mm a quarter in prefered dividends. Net income last quarter could have been $0.35 instead of $0.28.

Then this stock will see 20.00+.


Sentiment : Buy
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mrbananapan...

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Three things that need to happen.
mrbananapan... Not rated 20-Oct-09 11:26 am  
 
this will shoot to 20 faster then you think loo...
super.linux Rate it 20-Oct-09 03:04 pm  
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S&T Bancorp Inc. (STBA)

Chart for S&T Bancorp Inc. (STBA)
On Dec 23: 17.37 Down 0.01 (0.06%)
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