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Regional Midwest Banks

Sure, here's some general information about SUGRD, which is the ticker symbol for Sugarland Bancorp, a publicly-traded company that operates as the bank holding company for Sugar Land Bank in Texas.

A. Sugarland Bancorp, Inc. operates as the holding company for Sugar Land Bank that provides various banking products and services to individuals and small businesses in Texas.

B. The company was founded in 2006 and is headquartered in Sugar Land, Texas.

C. Sugarland Bancorp, Inc. offers various deposit products, including checking, savings, money market, and certificate of deposit accounts, as well as municipal and treasury management services. It also provides lending products, including commercial and industrial, commercial real estate, multifamily and residential real estate, construction and development, and consumer loans. In addition, the company offers correspondent banking services.

D. The company operates through 13 branches in the greater Houston area.

E. As of March 10,2023, Sugarland Bancorp had a market capitalization of 430.47 million USD and a PE ratio of 14.46.

F. The company's earnings per share (EPS) for Q4 2022 were 0.85 USD, representing a 27.3% increase year-over-year. Its net income for Q4 2022 was 4.4 million USD, representing a 29.2% increase year-over-year. Its net interest income for Q4 2022 was 8.5 million USD, representing a 35% increase year-over-Year.

G. Sugarland Bancorp has a return on equity (ROE) of 11.08% as of December 31, 2022, which is higher than the industry average of 9.6%. Its return on assets (ROA) is 1.13% as of December 2022, which is also higher than the industry average of 1.05%

Given its strong financials, SUGRD may be worth considering for investors interested in regional bank stocks. However, it is always important to do your own research, consider your own risk tolerance and investment goals, and seek professional financial advice before making any investment decisions.