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3 Regional Bank Stocks Ready to Rebound and Reward Bold Investors
PNCPNC(PNC) InvestorPlace·2024-03-19 10:46

According to Barron’s, the recent decline in many regional bank stocks, caused by New York Community Bancorp’s (NYSE:NYCB) multitude of problems, appears to have created a good buying opportunity for investors within the sector. Investment bank Keefe, Bruyette & Woods says that, despite NYCB’s issues, just three regional banks of roughly 4,700 experienced any major difficulties in 2023. Meanwhile, a high number of the banks’ valuations are quite low. Also importantly, the many regional banks with relatively ...