Stock Analysis – SBSI & OABC

A few days ago, I found myself at Dividend Mantra’s blog reading about stocks on his watch list and became very enthralled at his attention to the financial institution industry and a stock within there that he is observing.  The financial institution industry has been ever-so changing over the last 5-6 years, with the financial crisis, increased transparency, regulation, increases of capital, consolidation of companies/institutions and the dramatic line of – “Acquire or become Acquired” mindset over the last 2 years – it has been a very exciting time for smaller community banks.  I’m going to perform an evaluation of Southside Bancshares (SBSI) and OmniAmerican Bancorp (OABC), as SBSI is acquiring OABC.  See below: Continue reading