Professional
Added to YB: 2026-05-18
Pitch date: 2026-04-18
STLE [neutral]
Steele Bancorp Inc.
+7.99%
current return
Author Info
Cedar Creek Partners provides deep-dive research on undervalued companies. Follow on Twitter/X.
Company Info
Steele Bancorp Inc. operates as a bank holding company for Mifflinburg Bank and Trust Company that provides commercial, mortgage, residential real estate, consumer loan financing, and deposit services in Pennsylvania.
Market Cap
$136.2M
Pitch Price
$36.90
Price Target
N/A
Dividend
3.75%
EV/EBITDA
N/A
P/E
4.45
EV/Sales
N/A
Sector
Banks
Category
value
Cedar Creek Partners Portfolio Holding: Steele Bancorp Inc.
STLE (holding update): PA rural bank merger (Mifflinburg + Northumberland), $1.26B assets, $118M equity. Q4 adj cash EPS $1.74 ($7 annualized at 17% tax rate after backing out bargain purchase gain & merger costs). Trades $36 = 5x current cash earnings run rate. Strong synergies, earnings growth expected.
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