Tag: KRE

  • Crisis May be Opportunity for Regional Banks

    Crisis May be Opportunity for Regional Banks

    Over the last few days, Moody’s downgraded the credit ratings of 10 small to mid-sized banks.  All thanks to growing financial risks and strains that could impact profitability. However, that crisis may be an opportunity. According to JP Morgan, those concerns are already priced into the bank stocks, and regional banks could see upside. “In…

  • The Top Stocks to Consider as 10-Year Yield Climbs

    The Top Stocks to Consider as 10-Year Yield Climbs

    Bank stocks don’t have a problem with the rising 10-year yield. At the moment: Bank of America (BAC) is up about $1.80 on the day JP Morgan Chase (JPM) is up $6.03 Wells Fargo (WFC) is up $1.53 Citigroup (C) is up $2.15 PNC Financial Services (PNC) is up $5.42 Or, look at the SPDR…