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AmericanWest Bancorporation (AWBC) [hlAlert]

Rating:
Sell AWBC
up 65,508.69 %

Americanwest Bancorporation (AWBC) rated Sell with price target $12 by Sandler O'Neill

Posted on: Wednesday,  Jan 23, 2008  8:25 AM ET by Sandler O'Neill

Sandler O'Neill rated Sell Americanwest Bancorporation (OTCBB: AWBCQ) on 01/23/2008, when the stock price was $15.09. Since
then, Americanwest Bancorporation has lost 99.85% as of 09/06/2013's recent price of $0.02.
If you would have followed this Sandler O'Neill's recommendation on AWBCQ, you would have gained 65508.7% of your investment in 2053 days.

AmericanWest Bancorporation is a bank holding company. The Company?s wholly owned subsidiary is AmericanWest Bank (Bank), a Washington state chartered bank that operates in Eastern and Central Washington, Northern Idaho and in Utah doing business as Far West Bank. At December 31, 2008, the Company had total assets of $1.9 billion, net loans of $1.6 billion and deposits of $1.6 billion. The Company also has four statutory trust subsidiaries which were formed for the sole purpose of issuing trust preferred securities. The Bank?s business consists mainly of gathering deposits and providing loans to enable its customers to meet their financial objectives. The Bank offers a variety of deposit accounts designed to attract both short-term and long-term deposits from its retail and business customers. These accounts include checking accounts, negotiable order of withdrawal (NOW) accounts, money market demand accounts (MMDA), savings accounts and time deposits.

Sandler O’Neill publishes in-depth equity research on approximately 200 financial services companies. Our analysts cover small-, mid- and large-cap banks and thrifts; specialty finance, asset management, credit card and eFinance companies; investment banks and insurers. __ We also publish frequent special reports on regional trends, industry consolidation, mutual-to-stock conversions, and other topics. Our research is especially valuable to smaller issuers that are not widely followed by “bulge bracket” Wall Street firms. Those issuers often have sufficient trading volume to attract institutional interest, yet lack quality coverage. We track larger issuers as well, providing fresh perspectives, independent thinking and deep industry knowledge.
as of 1/1/0001
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(*) Stock Price at the time of the recommendation.
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