2024-03-07 06:30:00 ET
Summary
- When the regional banking woes unfolded in March 2023, we argued that the challenges were not likely to be systemic.
- We continue to think that the challenges facing regional banks are likely contained, though near-term market volatility is always possible.
- Regional bank valuations have not fully recovered, and many investors remain on the sidelines.
The bottom line
We continue to think that regional banks do not pose a systemic risk. Investors may benefit from using any unforeseen periods of market volatility to close any regional bank underweights....
Read the full article on Seeking Alpha
For further details see:
One Year After The Banking Crisis, How Are Regional Banks Faring?