FCCT - There Are Still Undervalued Banks Out There Including Bank Of Utica And First Community Of East Tennessee
- Price/Book is my favorite metric to evaluate banks. I look for a value less than 1.
- With the recovery after the pandemic, these banks are hard to find.
- I present Bank of Utica and First Community Bank of East Tennessee, both of which trade at a P/B well under my threshold but both having special situations.
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There Are Still Undervalued Banks Out There, Including Bank Of Utica And First Community Of East Tennessee