Initial Reports on 18 Northeast nano- and micro-cap banks.
BankVault Research (BVR) is continuing to publish a series of concise, data-driven write-ups on our coverage universe. Each report is designed to give you a clear, independent view of these companies' recent performance and where they're headed from here. Each company write-up will include a company description, discussion of recent results, and a model with EPS and tangible book projections and is available to paid subscribers. This grouping is focused on the Northeast as defined by the Bureau of Labor Statistics (CT, ME, MA, NH, NY, PR, RI, VT, and VI) and includes the following companies: Community Bancorp (CMTV), Delhi Bank Corp. (DWNX), ECB Bancorp, Inc. (ECBK), ES Bancshares, Inc. (ESBS), The First Bancorp, Inc. (FNLC), First Seacoast Bancorp, Inc. (FSEA), Gouverneur Bancorp, Inc. (GOVB), Hingham Institution for Savings (HIFS), Jeffersonville Bancorp (JFBC), Katahdin Bankshares Corp. (KTHN), Ledyard Financial Group, Inc. (LFGP), Lake Shore Bancorp, Inc. (LSBK), Lyons Bancorp Inc. (LYBC), Pathfinder Bancorp, Inc. (PBHC), Primary Bank (PRMY), Solvay Bank Corp. (SOBS), TrustCo Bank Corp NY (TRST), and Union Bankshares, Inc. (UNB).