Posted on 05/01/2023 10:01:49 PM PDT by SeekAndFind
Regional banks remain front and center as Wall Street navigates through the latest banking crisis, with First Republic Bank (FRC) now being taken over by JPMorgan (JPM). This came as regulators stepped in to protect depositors from turmoil at the institution.
In this context, the banking sector has fallen under the microscope, as FRC's collapse followed close on the heels of similar issues at Silvergate Capital, Silicon Valley Bank and Signature Bank, along with the takeover of Credit Suisse by UBS.
With the regional banks under scrutiny, Seeking Alpha constructed a list of names that offer the most potential upside in space, as judged by SA's Quant Ratings. The system of grading quantitative measures ranks the stocks on such measures as valuation, profitability and momentum.
Here are the top 10 regional banks, brd on their Quant Ratings:
No. 10: Byline Bancorp, Inc. (BY): SA Quant rating 2.88 and Wall Street analyst rating 3.83.
No. 9: Home Bancshares, Inc. (HOMB): SA Quant rating 2.88 and Wall Street analyst rating 4.00.
No. 8: Citizens Financial Group (NYSE:CFG): SA Quant rating 2.91 and Wall Street analyst rating 3.95.
No. 7: OFG Bancorp (OFG): SA Quant rating 2.98 and Wall Street analyst rating 4.50.
No. 6: Regions Financial Corporation (NYSE:RF): SA Quant rating 3.00 and Wall Street analyst rating 3.85.
No. 5: Huntington Bancshares Incorporated (HBAN): SA Quant rating 3.02 and Wall Street analyst rating 3.30.
No. 4: Truist Financial Corporation (NYSE:TFC): SA Quant rating 3.08 and Wall Street analyst rating 3.70.
No. 3: S&T Bancorp, Inc. (STBA): SA Quant rating 3.74 and Wall Street analyst rating 3.00.
(Excerpt) Read more at seekingalpha.com ...
The TOP 2:
No. 2: Axos Financial (AX): SA Quant rating 4.47 and Wall Street analyst rating 4.16.
No. 1: New York Community Bancorp (NYSE:NYCB): SA Quant rating 4.65 and Wall Street analyst rating 4.23.
Bank Rankings - bump for later.....
btt
Thank you so much. I was just wondering which of the impersonal jobsworths I should call at my bank to get the relative truth.
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