This month Elmira Savings Bank announces that the Shareholders of Elmira Savings Bank, at its voted to approve the proposed merger of Elmira with Community Bank (CBU). We hate to see the stock go but its time to go ahead and sell the stock. Elmira Savings has been in the portfolio since we reopened the High Income Bank Portfolio bank portfolio when vaccines were announced last November and we will be taking a nice gain of about 100% in addition to the dividends we have collected over the past year.

That is also the fourth takeover of a portfolio bank this year for the Community Bank Stock Investors High Yield Bank Stock Portfolio.

Between Banking on Profits and High Yield Banks, we have had 11 now had 11 takeovers in 2021.

This month Elmira Savings Bank announces that the Shareholders of Elmira Savings Bank, at its voted to approve the proposed merger of Elmira with Community Bank (CBU). We hate to see the stock go but its time to go ahead ...

Shares of Select Bancorp (SLCT) are up 15% this week and now trade well above the original takeover offer from First Bancorp (FBNC). We sold the stock at $20.45 for our 62nd consecutive closed winning trade

Although this is a dividend-based portfolio this is our fourth takeover of the year for a 20% takeover rate so far. If you aren't using this strategy, you do not like money.

Community Bank System, Inc. (“Community Bank System”) (NYSE: ...

Sugar Creek Financial Corp., the holding company for Tempo Bank in Clinton County, and Scott Credit Union jointly announced today that Sugar Creek, Tempo Bank and Scott Credit Union have signed an agreement whereby Scott Credit Union will purchase substantially ...

I heard it again this morning. Paying attention to valuation doesn't matter anymore. There is so much cash and so many new traders in the markets. The stock market is just going to keep going higher for the foreseeable future. ...

Columbia Banking System, Inc. (NASDAQ: COLB, “Columbia”), the holding company for Columbia State Bank, and Bank of Commerce Holdings (NASDAQ: BOCH, “Bank of Commerce”), the holding company for Merchants Bank of Commerce, today announced the signing of a definitive agreement ...

GRAND RAPIDS, Mich. and TAMPA, Fla., June 16, 2021 /PRNewswire/ -- The Boards of Directors of Lake Michigan Credit Union ("LMCU") and Pilot Bancshares, Inc, (OTCQX: PLBN), the holding company for Tampa-based Pilot Bank and National Aircraft ...

GRAND RAPIDS, Mich. and TAMPA, Fla., June 16, 2021 /PRNewswire/ -- The Boards of Directors of Lake Michigan Credit Union ("LMCU") and Pilot Bancshares, Inc, (OTCQX: PLBN), the holding company for Tampa-based Pilot Bank and National Aircraft ...

First Bancorp (Nasdaq: FBNC), the parent company of First Bank, and Select Bancorp, Inc. ("Select") (Nasdaq: SLCT), the parent company of Select Bank and Trust Company ("Select Bank"), announced today the signing of a definitive merger agreement under which First ...

This week I am returning to the idea of shareholder yield. Last time we talked about combing high shareholder yields combined with insider buying. One of three picks, Mannatech (MTEX), announced a tender offer this morning, and the stock has ...

Most of you have been with me for some time now and are aware that I spend a lot of time testing ideas and strategies. I get lots of ideas, and as Victor Niederhoffer once said," If it can be ...