Список проголосовавших за комментарий " <table class="BriefingDataTable" border="0" cellspacing="0" cellpadding="0"><tr> <td class="tickerColumn"> </td> <td class="articleColumn">Guaranty Bancorp initiated with a Outperform at Hovde Group; tgt $26.50 — Expect double-digit loan growth, positive operating leverage, and modest credit costs (23.30)Hovde Group initiates GBNK with a Outperform and price target of $26.50. GBNK has generated double-digit loan growth since 2013, and firm anticipates this trend will continue in 2017 and 2018. Also, the company has generated positive operating leverage with the core efficiency ratio declining from 67% in 2013 to 58% in 2016, and they anticipate further improvement to 56% in 2017. They also expect credit costs will remain low as NPAs were just 17 bps of assets in 4Q16. Additionally, firm anticipates modest NIM expansion in 2017 to 3.71% from 3.69% in 2016. These positives are driving superior profitability, and firm's core ROA and ROE 2017 forecasts are 1.14% and 10.9%, respectively; above the West peer medians of 0.99% and 9.4%.</td> </tr></table>"