Stock Research and Analysis
by Jim SinegalSusquehanna's tendency to overpay for acquisitions resulted in balance sheet growth but not much wealth creation for shareholders. We expect the current recession to further pressure Susquehanna returns, and believe it will be some time before Susquehanna Read more 
Bulls Say
Favorable demographics in some of Susquehanna's markets provide a tail wind for the bank's wealth management programs.
Susquehanna's management avoided entering the subprime and Alt-A mortgage-lending businesses.
Susquehanna could create substantial value for shareholders by improving its efficiency and other profitability metrics. Read more
Bears Say
Susquehanna's acquisitions were strategically attractive but financially questionable.
A decrease in credit quality could hamper efforts to improve the bank's subpar returns on equity.
More than 11% of Susquehanna's gross loan portfolio consists of construction loans, which carry more risk than loans made with occupied real estate as collateral. Read more
Strategy
Susquehanna's decentralized structure allows it to maintain close customer relationships, and the bank's size enables it to offer more services than smaller banks. Susquehanna's expansion plans are focused Read more
Management
We assign a C Stewardship Grade to Susquehanna Bank, the average for companies we cover. William Reuter became CEO of Susquehanna in 2001, presiding over the acquisitions of three banks in his time at the top. Since then, returns on equity at Susquehanna Read more
Profile
Susquehanna operates more than 230 branches in Pennsylvania, Maryland, New Jersey, and West Virginia. Headquartered in Lititz, Pa., the bank was founded in 1982. Much of Read more
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