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Lenders with Appeal

BANK/                       PRICE*       CAPITAL       RETURN
COMMENT                                   RATIO       ON EQUITY

MERCANTILE BANKSHARES       $35 1/8        13.3%         15%
Growing market

UNITED TENN. BANKSHARES      11 3/8        26             6
Low p-e ratio

GS FINANCIAL                 13 1/4        32             4
Takeover bait?

BROOKLINE BANCORP            11 7/8        32           7.4
Strong management

VALLEY NATIONAL BANCORP    29 11/16        10          19.5
Solid earnings


*Nov. 30
DATA: BLOOMBERG FINANCIAL MARKETS, BUSINESS WEEK


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Updated Dec. 3, 1998 by bwwebmaster
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