3 Solid Stocks to Pick From the Prospering Savings & Loan Industry

The Zacks Savings and Loan industry is expected to benefit from the Federal Reserve’s interest rate cuts. This is likely to support a decent rise in loan demand. Also, relatively lower rates will stabilize funding costs over time, supporting net interest income (NII) and net interest margin (NIM) expansion.The digitization of operations and a stable deposit base are anticipated to support industry players in the near term. Thus, some of the industry players like Banner Corporation (BANR) , HomeStreet, Inc. ...