Crazy Woman Holding Your Money?


Cutout paper illustration representing scheme and Stocks inscriptionImage Source: PexelsLet’s say you asked someone where they put their money, and they said ‘Crazy Woman.’ Would you think they were crazy? Well, maybe they wouldn’t be.There is actually a bank holding company called Crazy Woman Creek Bancorp Incorporated (CRZY), which you can buy stock in, by the way. It was founded in 1936 and is based in Buffalo, Wyoming. How’s that for stock market trivia?The stock trades over-the-counter on the Pink Sheets. It trades at a very reasonable 6.11 times trailing earnings, and it pays a dividend with a forward yield of 1.48%. The company posted the third-best performance in their 87-year history, with an annualized return on equity (ROE) of 10.41%.The net interest margin at Sept. 30, 2023 of 3.51% is above the state average of 3.31%. As of Sept. 30, 2023, the Tier 1 Leverage Ratio was 9.37%, which substantially exceeds the current definition for “well-capitalized” institutions. Also as of that date, the bank had no foreclosed or repossessed assets.So, would I be crazy for owning shares of Crazy Woman?More By This Author:Democrat Politician Investors Still Outperforming Republican Politician InvestorsBe Careful About Taking Tax Losses: Avoid The Wash SalesPINES And QUIBS And PDs, Oh My – Minibonds Anyone?

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