The SBA Mortgage Bank's Fees Drive the Stock Price

The bank has to be very very fee driven so it must be that Fee stuff on the SBA in the mortgage is what drives this bank because they say they have a three percent net interest margin and eighty percent efficiency ratio. Yet they had a zero point seven percent return on average assets so it's got to be huge amounts of fees, he says. "It looks like lending must not be a very important part of this bank"