FindProfit.com Examines Banking Industry Consolidation

Date : 04/17/2006 @ 2:11PM
Source : PR Newswire
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FindProfit.com Examines Banking Industry Consolidation

PRINCETON, N.J., April 17 /PRNewswire/ -- FindProfit (http://www.findprofit.com/), an investment service that delivered a +12% average return in 2005 and market-beating returns every year since 2002, has published an updated outlook on which banks could be the next takeover candidates in the banking industry after the recent acquisitions of North Fork Bank (NYSE:NFB) and Interchange Financial Services Corporation (NASDAQ:IFCJ) by Capital One Financial (NYSE:COF) and TD Banknorth (NYSE:BNK), respectively.

Sign up now for a 30-day free trial to FindProfit and gain instant access to FindProfit's in-depth coverage of the media, tech, telecom, financial, pharmaceutical, and energy sectors, as well as our full investment commentary and comprehensive model portfolios, by clicking here:

https://www.findprofit.com/subscribe/?refer=prnew37

FindProfit.com examines a number of issues, including:

-- Will the Northeast continue to see consolidation in the banking industry? -- What is FindProfit's favorite banking acquisition candidate? -- What qualities does this bank have that makes it so attractive as a takeover target? -- What type of premium does FindProfit expect this bank to receive in a takeover scenario?

About FindProfit.com:

FindProfit finds you winners and has beaten the market three years in a row. The service posted average model portfolio returns of 53.4% in 2003, 18.6% in 2004, and 12.1% in 2005. This compares to average returns in the three major market indexes of 33.9% in 2003, 6.89% in 2004, and 1.66% in 2005. All portfolio returns have been documented by a Certified Public Accounting firm.

NOTE: This release was published by Indie Research Advisors, LLC (CRD #131926), a registered investment advisor with the NASD and State of NJ. Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

CONTACT: Marcie Martin, FindProfit, +1-888-278-5515

DATASOURCE: Indie Research Advisors, LLC

CONTACT: Marcie Martin, FindProfit, +1-888-278-5515

Web site: http://www.findprofit.com/

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