CORS this one has a small trendline that if it breaks we could see a gap fill. This is a somewhat more tricky trade.
Corus Bankshares Inc.
3959 N Lincoln Avenue
Chicago, IL 60613
United States - Map
Phone: 773-832-3088
Fax: 773-549-0734
Web Site:
Welcome to Corus Bank
BUSINESS SUMMARY
Corus Bankshares, Inc. operates as the holding company for Corus Bank, N.A. that offers various banking products and services. It primarily engages in generating deposits and originating loans. The companys deposit products include checking, savings, money market, and time deposit accounts. It also provides clearing, depository, and credit services, as well as safe deposit boxes. The companys loan portfolio comprises commercial real estate loans, including condominium construction and conversion loans; residential real estate loans; and other commercial loans. It focuses its lending activities in various metropolitan areas in Florida and California, as well as in Atlanta, Las Vegas, New York City, and the District of Columbia. As of December 31, 2007, Corus Bank operated 11 retail banking branches in the Chicago metropolitan area. The company was founded in 1958 and is based in Chicago, Illinois.
Share Statistics
Average Volume (3 month)3: 673,197
Average Volume (10 day)3: 587,767
Shares Outstanding5: 53.71M
Float: 30.25M
% Held by Insiders1: 43.69%
% Held by Institutions1: 40.30%
Shares Short (as of 10-Mar-09)3: 6.87M
Short Ratio (as of 10-Mar-09)3: 18.3
Short % of Float (as of 10-Mar-09)3: 22.90%
Shares Short (prior month)3: 6.61M
FINANCIAL HIGHLIGHTS
Fiscal Year
Fiscal Year Ends: 31-Dec
Most Recent Quarter (mrq): 31-Dec-08
Profitability
Profit Margin (ttm): N/A
Operating Margin (ttm): 109.45%
Management Effectiveness
Return on Assets (ttm): -5.28%
Return on Equity (ttm): -85.16%
Income Statement
Revenue (ttm): -505.18M
Revenue Per Share (ttm): -9.31
Qtrly Revenue Growth (yoy): N/A
Gross Profit (ttm): 156.91M
EBITDA (ttm): N/A
Net Income Avl to Common (ttm): -456.46M
Diluted EPS (ttm): -8.41
Qtrly Earnings Growth (yoy): N/A
Balance Sheet
Total Cash (mrq): 2.22B
Total Cash Per Share (mrq): 41.273
Total Debt (mrq): 410.14M
Total Debt/Equity (mrq): N/A
Current Ratio (mrq): N/A
Book Value Per Share (mrq): 5.261
Cash Flow Statement
Operating Cash Flow (ttm): -58.40M
Levered Free Cash Flow (ttm): N/A