Private investor, hedge fund manager, and blogger with over 25 years professional experience in community bank stock investment and shareholder activism.
Another problematic proxy, this one at Capital Bank $CBNK.
The board has a reputation for meddling.
The shareholders don’t appreciate it.
5mln shares are owned by insiders and 1+ by ETFs, suggesting almost every outside shareholder vote went against Whalen.
Exchange Bank $EXSR Announces Common Stock Repurchase Program and Declares Second Quarter Cash Dividend
Welcome news from an old friend
https://t.co/huniw606UK
- https://t.co/Yu0Fv53k8V
Hancock Whitney $HWC agreed to buy OFB Bancshares in Orlando, Fla., for $377.6 million in a deal expected to close in the third quarter.
https://t.co/zwaL14b71j
Bank CEO that operates in urban, suburban and rural markets stated that most of the deposit exception pricing is coming from rural markets. Meaning retirees are feeling the cost of living pinch, or they are now comfortable going to a competitor with no nearby branches.