3SOF

This one has my attention...

Profile : 



Sterling Financial Corp.
111 North Wall Street
Spokane, WA 99201
United States - Map
Phone: 509-458-3711
Fax: 509-358-6162
Web Site: http://www.sterlingsavingsbank.com

DETAILS   
Index Membership: S&P 600 SmallCap
S&P 1500 Super Comp
Sector: Financial
Industry: Savings & Loans
Full Time Employees: 2,571


BUSINESS SUMMARY   
Sterling Financial Corporation operates as the bank holding company for Sterling Savings Bank that provides various banking products and services to small and medium-sized businesses, and individuals. It generates various deposit products, including transaction accounts, interest and non-interest bearing checking accounts, savings accounts, money market deposit accounts, certificates of deposit accounts, and time deposits. The company also provides loans products comprising commercial lending products, such as lines of credit, receivable and inventory financing, equipment loans, and permanent and construction real restate financing; multifamily residential and commercial real estate loans; one-to four-family residential loans; and consumer loans for automobiles, boats and recreational vehicles, and lines of credit for personal use. It also markets fixed income and equity products, mutual funds, fixed and variable annuities, and other financial products. The company, through its subsidiary, Golf Savings Bank, engages in the origination and sale of residential mortgage loans. As of December 31, 2007, it operated 178 branches in Washington, Oregon, California, Idaho, and Montana. The company was founded in 1983 and is headquartered in Spokane, Washington.

Updated chart look.......


52wk Range: 2.36 - 29.28
Volume: 1,524,846
Avg Vol (3m): 1,829,740
Market Cap: 548.16M
P/E (ttm): 9.41
EPS (ttm): 1.12
Div & Yield: 0.40 (4.40%)


Technicals
Percentage Gainer

Last Price Quote is:
25.17%above 13-day MA
42.65%above 50-day MA
RS Rating: 46 

Fundamentals
Key Data:
Market Cap (M): $447.80 
P/E Ratio: 7.69 
PEG Ratio: 0.962963 
Next Earnings: 10/27/2008
Last Analyst Rating: Neutral

bouncing around...

Chart and some insider buying, plenty of upside potential. Hold as long as STSA stays above 50 day MA.


52wk Range: 2.36 - 29.28
Volume: 1,771,600
Avg Vol (3m): 1,803,710
Market Cap: 681.01M
P/E (ttm): 11.68
EPS (ttm): 1.12
Div & Yield: 0.40 (3.10%)

Technicals
Percentage Gainer

Last Price Quote is:
16.57%above 13-day MA
40.56%above 50-day MA
RS Rating: 98 

Fundamentals
Key Data:
Market Cap (M): $669.56 
P/E Ratio: 11.48 
PEG Ratio: 1.15556 
Next Earnings: 10/27/2008
Last Analyst Rating: Neutral

updated chart look.......

Golf Savings Bank Helps First-Time and Low-Income Home...

MOUNTLAKE TERRACE, Wash., Apr 09, 2009 (BUSINESS WIRE) -- Golf Savings Bank (STSA, Trade), a leading originator of residential home loans, is now providing a financing program that provides qualified first-time home buyers with down payment and closing cost assistance of up to $5,000.

Golf Savings Bank has facilitated nearly $200,000 in grants over the last six months to help low- to moderate-income borrowers purchase their first homes. This grant money is available through Golf's participation in Home$tart, a matching-funds program offered by the Federal Home Loan Bank of Seattle.

The funds allow the buyer to receive up to $5,000, interest free, that can be used to pay for the down payment or closing costs. Having adequate funds for down payment or closing costs is a significant obstacle to homeownership. Down payment assistance programs are designed to facilitate homeownership. These funds do not have to be repaid as long as the borrower occupies the property for a minimum of five years.

"Combined with the new federal tax incentives, this program makes homeownership affordable to large numbers of qualified buyers. Many first-time buyers are unaware of programs available for people with low to moderate incomes," commented Donn Costa, executive vice president of Golf Savings Bank. "We expect to be able to facilitate another $200,000 in grants over the next 12 months."

For details on eligibility for this program and other lending incentive programs, contact a mortgage banking representative at Golf Savings Bank. Visit www.golfsavingsbank.com to locate the branch nearest you.

About Golf Savings Bank

Golf Savings Bank's primary focus is the origination of high-quality residential home loans within a network of over 30 loan offices located throughout the Pacific Northwest. Golf Savings Bank offers affordable loan programs and products to homebuyers, including many first-time and low- to moderate-income buyers. Headquartered north of Seattle, Golf Savings Bank is a federally insured, Washington-state chartered savings bank. It is a wholly owned subsidiary of Sterling Financial Corporation (STSA, Trade). Please visit at www.golfsavingsbank.com for more information.

SOURCE: Golf Savings Bank


 
Golf Savings Bank   
Donn Costa, 425-712-4232   
[email protected]   
or   
Media Contact:   
David Watkins, 425-582-7622   
[email protected] 

Copyright Business Wire 2009

Golf Savings Bank Helps First-Time and Low-Income Home Buyers

52wk Range: 1.00 - 15.00
Volume: 2,578,318
Avg Vol (3m): 1,892,720

Technicals
Close Above the 50-day MA
Gap Up
Percentage Gainer

Last Price Quote is:
36.80%above 13-day MA
27.82%above 50-day MA
RS Rating: 4 

Fundamentals
Earnings Expected on Apr 23

Key Data:
Market Cap (M): $128.37 
P/E Ratio: 3.68 
PEG Ratio: -0.0888889 
Next Earnings: 04/20/2009
Last Analyst Rating: Neutral

Nice results given the current environment. This stock is priced like the company is going bankrupt but this should make everyone understand that STSA is here to stay. 
The stock should go sharply higher in the months to come.

52wk Range: 1.00 - 15.00
Volume: 1,208,133
Avg Vol (3m): 1,567,550

Technicals
Last Price Quote is:
38.46%above 13-day MA
62.56%above 50-day MA
RS Rating: 97 

Fundamentals
Key Data:
Market Cap (M): $164.53 
P/E Ratio: 3.68 
PEG Ratio: -0.118519 
Next Earnings: 07/21/2009
Last Analyst Rating: Neutral

updated chart look...

52wk Range: 1.00 - 15.00
Volume: 2,862,449
Avg Vol (3m): 1,521,370

Technicals
Last Price Quote is:
23.47%above 13-day MA
57.75%above 50-day MA
RS Rating: 95 

Fundamentals
Key Data:
Market Cap (M): $245.75 
P/E Ratio: 3.68 
PEG Ratio: -0.140741 
Next Earnings: 07/21/2009
Last Analyst Rating: Neutral

updated chart look...

updated chart scene...