Q: Please comment on the qtrly results and outlook.
5i Research Answer:
Earnings for the year were $23.96M, up 69%. Revenue rose 38%, with growth from the investment account services division. Trust, interest and other income rose 100%. As usual, commentary from the company was minimal, and with only one analyst there were no quarterly estimates. The stock is very cheap, and the dividend is high and we think secure. The stock dipped a bit but remains up 62% in a year. We think the results are decent and the outlook remains generally positive.