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Midstate Stock Report: Year in review

How have prices changed since 2013 for public companies with local headquarters, facilities?

The Midstate Stock Report launched in January with stock price analysis of 22 locally based public companies.

Our goal was to show basic investment returns for those that might have stuck with midstate stocks through the recession.

We expanded our search to 58 companies by the fall, adding many significant corporations headquartered outside Central Pennsylvania but with sizable midstate operations.

What did we learn? Where was the biggest movement?

For starters, we learned we’re not too bad at picking stocks when it comes to fake money (see “Fantasy fund review,” this page).

Regarding upward stock movement, we saw 15 of the 58 companies in the report grow their stock price by more than 25 percent. Seven of those companies posted growth of 40 percent or more.

That is based on adjusted closing stock prices from Dec. 2, 2013, to Dec. 2, 2014. That was the day we “bought” local stocks for our fantasy portfolio.

Shares of Camp Hill-based Integrity Bancshares Inc. led the way with a 117.7 percent growth rate. The big jump was largely fueled by S&T Bancorp Inc.’s pending acquisition of Integrity. That deal was announced in October.

Banks lead

Array

Four of the 15 biggest movers were financial institutions, the most of any sector. The other three were Franklin Financial Services Corp., Mid Penn Bancorp Inc., and Wells Fargo and Co.

The commercial real estate, energy and utilities and transportation-related sectors each had three companies produce stock price growth of more than 25 percent.

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