American Banker Magazine says the De Novo Boom is Just Getting Started
Photo courtesy of Ron Cogswell on Flickr. De Novo Banks Started a Come Back in 2017-2018 Only 2 De Novos opened between 2011 and 2016. In early 2017, 5 De […]
Beacon Community Bank Opens Its Doors Today
Beacon Community Bank was officially granted a bank charter from the South Carolina Board of Financial Institutions and deposit insurance from the FDIC. The bank opened this morning at […]
A Nice 2 Months for Our Readers….BNNP Sale Announced at 47% Premium
On May 6th, with shares trading at $13.25, we wrote the article “Bank of Napa is Ripe for a Takeover“. On August 1st, Bank of Marin (NASDAQ: BMRC) announced […]
Bank of Napa (BNNP) is Ripe for Takeover
Despite its August 2006 founding which came just prior to the financial crash (and right as the California real estate bubble started to burst), Bank of Napa is one […]
De Novo Banks are Back & Looking for Investors
De novo banks are one of the more popular investments we follow. Several factors give investors a level of confidence that they aren’t just throwing their money on a startup […]
I invested $10,000 in 4 De Novo Banks – 10 Year Update
As a casual observer in the 1990’s and 2000’s, I noticed that banks always seem to buy smaller banks in order to grow. Bank of America was the most […]
