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3 pts

Opinion on  BancTrust Financial Group Inc. (BTFG)     Sector: Financial  >  Industry: Regional Banks
Bearish on BTFG ...

Jul 04, 2008 07:20 AM GMT
Foto
Return Risk
-24.55% HIGH
Principal

BancTrust Financial Group, Inc., through its subsidiaries, provides various banking and related services in southern Alabama and northwest Florida. Its deposit products include checking accounts, commercial accounts, savings accounts, and time deposits, such as daily money market accounts and certificates of deposit. The company’s loan portfolio comprises commercial, commercial real estate, individual and commercial construction, and consumer loans. It also offers cash management services comprising lock-box, sweep accounts, and remote deposits. In addition, BancTrust Financial Group provides drive-in banking and night deposit facilities, automated teller machines, Internet banking, debit and credit card services, and telephone banking. As of December 31, 2007, it operated 44 bank offices in the southern two-thirds of Alabama; and 10 bank offices in northwest Florida. The company was founded in 1985. It was formerly known as Mobile National Corporation and changed its name to South Alabama Bancorporation, Inc. in 1993. Further, the company changed its name to BancTrust Financial Group, Inc. in 2002. BancTrust Financial Group is headquartered in Mobile, Alabama.


BTFG:  This call was made on 07/04/08 @ $6.49
Rating:   Negative   $6.49 (07/04/08)
Gain/Loss:   +52.85% in 505 days


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