This is my fifth, of ten, article detailing how my portfolio is faring during the COVID outbreak. Unfortunately, my preferred sector, regional banks, is taking a pounding in this environment. Today, we consider the performance of Logansport Financial Corporation (LOGN), which is down 12% since being recommended in January of this year. Obviously, I would like it to do better, but it does beat the average regional bank performance of -33.62% YTD.
LOGN is the holding company for Logansport Savings Bank, a one-branch bank located in Logansport, Indiana, approximately halfway between Indianapolis