Thrift industry
Article Abstract:
Thrifts are expected to be entering a period of consolidation and acquisition in the next few years, which should influence stock prices up over the long run, and make for a healthier market. Government regulation has caused the enlargement of the industry, and deregulation will make for improved earnings for some, and consolidation of others. The industry's relative strength has declined tenfold since 1988, and investors should be cautious about acting too quickly.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
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Thrift industry
Article Abstract:
The savings and loan crisis of the early 1990s eliminated the weaker thrifts, with many of the remaining converting from mutual to stock form. Shares are being offered at 65% or less of book value, first to employees, then to depositors, and then to the public. Thrift consolidation will continue over the next 3 to 5 years, with some of the better takeover targets being suitable investment selections.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
User Contributions:
Comment about this article or add new information about this topic: