Added to YB: 2025-05-27
Pitch date: 2025-05-22
NSTS [bullish]
NSTS Bancorp, Inc.
-6.59%
current return
Author Info
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Company Info
NSTS Bancorp, Inc. operates as a savings and loan holding company for North Shore Trust and Savings that provides banking products and services in Illinois.
Market Cap
$53.6M
Pitch Price
$12.60
Price Target
15.00 (+27%)
Dividend
N/A
EV/EBITDA
N/A
P/E
-91.10
EV/Sales
N/A
Sector
Banks
Category
special_situation
NSTS Bancorp: Post 3-Year Thrift Conversion, Possible Sale
NSTS: Unprofitable 3-branch thrift trading at 80% of TBV. Post-3yr conversion cooling period, now eligible for acquisition. Shareholder proposal recommends sale, board unusually receptive. Overcapitalized (23.11% Tier 1), clean assets, buybacks ceased Dec '23. Sale potential at 1x TBV ($15/sh vs $11.88 current), potentially higher to credit union.
Read full article (4 min)