3 Stocks From the Prospering Major Regional Banks Industry

The Zacks Major Regional Banks will benefit from the Federal Reserve’s interest rate cuts as the deposit costs come down and the industry-wide lending backdrop improves. Further, a decent economic expansion will boost the industry players’ net interest income (NII) and margins.Business restructuring/expansion initiatives and digitization will offer support. Though weakening asset quality is likely to exert pressure on the financials to some extent, major banks like JPMorgan Chase & Co. (JPM) , U.S. Bancorp ...