Savings & Loan Industry Stocks to Buy on Solid Prospects
The Zacks Savings and Loan industry is gaining from falling interest rates and easing lending standards. With relatively lower rates, funding costs is gradually stabilizing, boosting net interest income (NII) and net interest margin (NIM). The digitization of operations will also support industry players. Despite several credit quality metrics creeping above the pre-pandemic levels, lower rates will likely aid repayment capacity. Hence, industry players like ServisFirst Bancshares Inc. (SFBS) , WSFS Financi ...