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Regional Banks Set To Attract Investors’ Fancy: Sterne

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Mani
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Investor sentiment towards the regional banks, particularly those with a longer-time horizon, will turn more positive in 2014 and into 2015, note Sterne Agee analysts Terry McEvoy and team .

The Sterne Agee analysts, in their industry report dated May 29,  point out that out of 10 regional bank stocks in their coverage universe, none have an Underperform rating.

Three regional banks have big upside potential

The following are the ten regional banks on the Sterne Agee analysts’ radar.

Regional bank coverage list

The analysts assume short-term rates begin to increase in the fourth quarter of 2015, indicating that starting 2H14, it would be appropriate to aggressively own the...

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports