Market share isn't everything. If a company can't take strong market
share and use it as a tool to generate superior internal financial
returns, shareholders will never benefit. In the case of
First Niagara (Nasdaq:
FNFG),
management has been quite willing to launch deals to build share in its
core northeastern U.S. markets, but these operations have yet to
deliver truly compelling financial or share returns for investors.
The
question, then, is whether First Niagara can start driving better
results, or whether investors are better off with other bank companies
such as
M&T Bank (NYSE:
MTB),
PNC Financial (NYSE:
PNC) or
People's United (Nasdaq:
PBCT).
Follow this link for the full article at Investopedia:
http://www.investopedia.com/stock-analysis/2013/First-Niagara-Needs-To-Lever-Market-Share-Into-Better-Returns-FNFG-MTB-PNC-RBS0115.aspx
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