Equity Analysis /
United States of America

US : Level One Bancorp, Inc. - LEVL | Upgrading to Strong Buy Following Impressive 4Q Results

    Contributors
    Ken Kohut
    Daniel Tamayo
    CGS-CIMB
    1 February 2021
    Published byCGS-CIMB

    We are upgrading our rating on LEVL shares to Strong Buy from Outperform following its release of impressive 4Q financial results, which included large EPS and pretax pre-provision income (PTPPI) beats. Our upgrade is based on our view that Level One is relatively well positioned for post pandemic