First Citrus Bancorporation (FCIT) has an established relationship with the local community and continues to increase loans and deposits. The company has achieved earnings growth of more than 50% for the past five years. In January, they delivered a strong fourth quarter and forecast continued record performance in addition to increasing their annual dividend by 25%. The company is in a position to continue outperforming the broad market.
Company Overview
First Citrus is a Tampa area community bank celebrating its 20th anniversary this year. They maintain five branches in and around Tampa,