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PFBC - Preferred Bank: Still Plenty Of Opportunity Ahead
Preferred Bank
The banking sector has been the proverbial roller coaster of the stock market over the last six months (and longer) because the market is having a difficult time trying to understand what will happen with bank earnings. This is even more apparent when it comes to regional and/or specialty banks who are more dependent on growing EPS by expanding net interest margin ((NIM)). Invesco's KBW Bank ETF (KBW) is a great example of just how pronounced this trend has been.