Other Voices: The Average Bank Stock Offers 109% Appreciation Potential to Year-End 2023

This report is part of our occasional Other Voices format. As we run across interesting investment ideas or practices from outside of our firm, we like to bring them to our members. Today’s piece is written by John Rickmeier, CFA. Mr. Rickmeier is president of IDC Financial Publishing, which has been rating the safety and soundness of banks, savings institutions, and credit unions since 1985. Rickmeier has developed a method of evaluating financial institutions based on elements of CAMEL: capi

This report is part of our occasional Other Voices format. As we run across interesting investment ideas or practices from outside of our firm, we like to bring them to our members. Today’s piece is written by John Rickmeier, CFA. Mr. Rickmeier is president of IDC Financial Publishing, which has been rating the safety and soundness of banks, savings institutions, and credit unions since 1985. Rickmeier has developed a method of evaluating financial institutions based on elements of CAMEL: capital requirements, adequacy of capital, margins, earnings return, and liquidity. Before founding IDC, Rickmeier served as both chairman of an investment committee and portfolio manager for a Midwest investment advisory firm. A graduate of the University of Wisconsin, he's based in Hartland, Wisconsin, a Milwaukee suburb. *Please note this piece is not written by the FSInsight team!

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