bargainman Posted July 24, 2012 Share Posted July 24, 2012 So says Bove! http://finance.yahoo.com/news/crazy-not-own-regional-bank-161411585.html Can't remember if people on this board like or dislike him.. Link to comment Share on other sites More sharing options...
Rabbitisrich Posted July 24, 2012 Share Posted July 24, 2012 There are still plenty of regionals with improving or bottoming credit metrics, trading at <= 5X PTPP, likely overcapitalized by 10%+. Regionals don't compete with the big four on non-interest activities. They just make more on NIM AND experience lower charge-off rates. If you are worried about geographic concentration, just make a basket. Link to comment Share on other sites More sharing options...
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