“I want to buy them 80% of tangible book value with negligible, negligible loan losses and lots of capital.”

Tim Melvin · The Acquirers Podcast · Tim Melvin: Finding Value Where Wall Street Isn’t Looking

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What was described

Buy nano-cap community banks at roughly 80% of tangible book value while ensuring negligible loan losses and ample capital

80% tangible book value

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“Theflagshipreport.com is we've got an income portfolio on there and some small capital value stuff. And preferred stocks. The banks, that's on my sub stack, the community bank investor.”
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