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Cascade Bancorp is Among the Companies in the Regional Banks Industry With the Highest Projected Earnings Growth (CACB, CLBH, SBCF, CSFL, HAFC)

By James Quinn

Below are the three companies in the Regional Banks industry with the highest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.

Cascade Bancorp ranks highest with a projected earnings growth of 456.0%. Following is Carolina Bank Holdings with a projected earnings growth of 80.0%. Seacoast Banking of Florida ranks third highest with a projected earnings growth of 75.2%.

Centerstate Banks of Florida follows with a projected earnings growth of 60.7%, and Hanmi Financial rounds out the top five with a projected earnings growth of 45.2%.

SmarTrend recommended that subscribers consider buying shares of Hanmi Financial on July 14th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $24.44. Since that recommendation, shares of Hanmi Financial have risen 8.8%. We continue to monitor Hanmi Financial for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest projected earnings growth cascade bancorp carolina bank holdings seacoast banking of florida centerstate banks of florida hanmi financial