Takeover #1 for 2020-our 33rd in last 3 years

a 51% gianer form initial buy recommendation! The stock was on the buy list all the way up untillast Friday.

Southern Missouri Bancorp, Inc. (NASDAQ: SMBC, “Southern Missouri”), the parent corporation of Southern Bank, and Central Federal Bancshares, Inc. (“Central”), the parent corporation of Central Federal Savings & Loan Association, today announced the signing of a definitive merger agreement whereby Southern Missouri will acquire Central in an all-cash transaction. As part of the transaction, Central Federal will be merged with and into Southern Bank.

Central operates one location in Rolla, Missouri. At September 30, 2019, Central’s consolidated assets were $69 million, including loans, net of allowance, of $53 million, while deposits totaled $46 million.

Southern Missouri operates 47 locations in Missouri, Arkansas, and Illinois, and reported consolidated assets at September 30, 2019, of approximately $2.3 billion, including loans, net, of $1.9 billion, and total deposits of $1.9 billion.

Under the terms of the merger agreement, unanimously approved by the boards of directors of Central and Southern Missouri, Central shareholders will receive $15.90 in cash for each share of Central common stock, subject to adjustment for Central’s capital at closing. The deal is valued at approximately $24.0 million, inclusive of the retirement of debt outstanding under Central’s Employee Stock Ownership Plan.

“Southern Missouri itself was originally a savings and loan association, and we retain an understanding of the needs and expectations of the customers of these organizations, as well as the commitment to service by their team members,” stated Greg Steffens, President and CEO of Southern Missouri. “We’re very excited to have the opportunity to serve Rolla, Missouri, and we look forward to welcoming the customers and staff of Central Federal Savings & Loan to our Southern Bank family.”

William Stoltz, President and Chief Executive Officer of Central, said, “We are ...

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Make that a 3 takeover day! Deal Number 11

Evans Bancorp, Inc. ("Evans") (NYSE American: EVBN) and FSB Bancorp, Inc. ("FSB") (Nasdaq: FSBC), jointly announced the execution of a definitive merger agreement whereby Evans will acquire FSB for $17.80 per share for total consideration of approximately $34.7 million. The ...

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It is a two takeover Day-9th and 10th Deals of 2019

Kearny Financial (KRNY) is buying MSB Finacial (MSBF) for $18, giving us a gainof 79% and Cambridge Finacial is buying Melrose Bancorp (MELR) for $25 a share giving us a 37% profit.

That brings us to 10 takeovers on the ...

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Takeover #8 for a 240%+ gain

WEBK Bonus Bank Bought out for a huge gain. Over 240% at the clsoing deal price.


CAMBRIDGE, Mass. & WELLESLEY, Mass.--()--Cambridge Bancorp (Nasdaq: CATC) (the “Company” or “Cambridge”), the holding company for Cambridge Trust Company (“Cambridge Trust”), ...

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Low Returns, Great Stories and Waterfront Dining

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The Keys to Long Term Outperformance and two Great Books

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The Key to Long Term Outperformance and Two Great Books

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Takeover #7 for 2019 is an 85% winner for us

An 81% winner when the deal closes. Add in dividends receive and its closer to 85%. The deal price is a 32% premium to todays close. Add in the recent Best Hometown bancopr in the Community Bank Stock Investor focus ...

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Takeover Number 7 is an 85% winner

An 81% winner when the deal closes. Add in dividends receive and its closer to 85%. The deal price is a 32% premium to todays close. Add in the recent Best Hometown bancopr in the Community Bank Stock Investor focus ...

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Another Takeover for the 2019-Best Hometown Bancorp

The stock has been on our buy list all year. Up 42% today



Gary D. Hemmer, President & CEO, First National Bank of Waterloo and its parent company, First Waterloo Bancshares, Inc., and Ron Shambaugh, President & CEO, Best Hometown ...

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Community Bank Stocks-The Boring Way to Get Rich in the Stock Market

I did a 30 minute webinar for the OTC Markets folks last week.Below is the link to view the presentation"

http://bit.ly/2LPkB9D

Then venture over to https://www.marketfy.com/item/banking-on-profit/ and use the coupon code "BANKSTOCKS" to save 50% on your first year. We ...

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Community Bank Stock Investing- The Boring Way to Get Rich in the Stock Market

I did a 30 minute webinar for the OTC Markets folks last week.Below is the link to view the presentation"

http://bit.ly/2LPkB9D

The venture over to https://www.marketfy.com/item/banking-on-profit/ and use the coupon code "BANKSTOCKS" to save 50% on you first year. We ...

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