- InvestorPlace
Hometown Heroes: 3 Regional Banks Offering Outsized Potential
This year has been tough on regional bank stocks, with borrowing costs soaring and cutting into net interest income. Additionally, higher yields diminished older bonds’ value and heightened internal credit risks — just ask the (now defunct) Silicon Valley Bank. These factors and others contribute to a string of poor regional bank performance indicators that, practically speaking, trickle upward across the entire banking and financial sector. The SPDR S&P Bank ETF (NYSEARCA:KBE) is down 3% this y
- Insider Monkey
Should You Believe in the Growth Potential of KeyCorp (KEY)?
Diamond Hill Capital, an investment management company, released its “Large Cap Strategy” first-quarter 2024 investor letter. A copy of the letter can be downloaded here. Markets rose significantly in the first quarter of 2024, providing positive returns across most regions and countries. The strategy outperformed the Russell 1000 Index in Q1 and returned 10.64% (net) […]
