Home Forums Hunting & Shooting Hunter's Campfire Who's buying regional bank stocks?

Everything but HBAN. It closed down so probably should have sold just after open, but I am confident they'll be fine.

I sold UTWO into the hysteria yesterday and should have bought regional banks, but hadn't done my research. There's really no excuse, I had all weekend... LOL.

I hope you killed it!

Yesterday's Dead Cat Bounce will be BLOODY today.

Are you comparing net loans to cash? Their exposure to Treasury securities went from 5 million in 2021 to 103 million in 2022. I've never really looked under the hood in this sector, what would you call a good balance sheet in today's environment?

Been trading them last 3 days. No way I would " invest " in any right here, I don't think the old long term, brain dead mantra of " buy and hold " will suit folks well at this juncture. Not in financials, We are in a little bit of a pickle...some dang good money to be made trading though.

I am looking at the below primarily, which just the percentage their hold to maturity securities have fallen. But their loan to deposit ratio is not bad either, and those loans aren't focused on one sector like a lot of the specialty banks are/were.

But of course I bought some SCHW....

Look at B of A.

$108.5 Billion loss at market value.

What date are these stats calculated from? Feb.?

Thanks Stick.
I don’t trade much, but probably time to start looking for deals.

yep, its a schitshow now


bought frc at average of 21 the other day. bought some CS this morning at 1.82 big gamble obviously

they'll get bailed out again. Have stop orders in place obviously


energy is starting to look attractive. dly, dsl are a buy I think too

The end of February is my understanding.

It is good to know but only a partial picture. Schwab, for example, is mostly a brokerage and is definitely in the “too big to fail” category, especially now. And they have ~$100BB in cash.

Huntington is in good shape here, and their deposit base is really diverse.

Both seem well insulated against any run that could reasonably happen.

I'd love to see what that spreadsheet looks like today.

Regarding SCHW, how much of that has to do with their brokerage business?

I had JPM and sold it 6 months ago. I had FNCL ( Fidelity Financial ETF) for 3 yrs and sold it a few days ago for a very respectable profit and used the money to buy Associated Bank. Monday morning I sold Ally Capital that I only had 2 months. I was up 30% but took a loss of 8%. I am looking at banks fairly soon. but I wont buy much cause my ETF's have a lot of financials in them.

I sold JPM too early too, but I bought it in May of 2020. I also had bought ALLY around the same time and sold it too early.

I hope everyone did well today and got a piece of the bank stimulus.

Fed poised to approve quarter-point rate hike next week, despite market turmoil

The Federal Reserve likely will approve a quarter-percentage-point interest rate increase next week, according to market pricing and many Wall Street experts.

A rate increase would come just over a week after other regulators rolled out an emergency lending facility to halt a crisis of confidence in the banking industry.

“This might be one of those times where there’s a difference between what they should do and what I think they will do. They definitely should not tighten policy,” said Mark Zandi, chief economist at Moody’s Analytics.

https://www.cnbc.com/2023/03/17/fed...ke-next-week-despite-market-turmoil.html

As if banks weren't already radioactive.

Banks aren't radioactive.

Nope! Why? Stick with the big banks. I heard SVB was 20% in Crypto, not sure if this was true.

The regionals are where the upside is. SVB was a huge outlier. The big banks would love to turn this into a catalyst for consolidation.

There's lots of noise out there.

Key Bank is on sale