With interest rates on the rise, investing in regional banks is cool again. A popular index has returned more than 30% in just the past year, helped by the so-called "Trump bump" in bank stocks. These three regional banks offer dividend yields that should only grow as time goes on.
But as the market is assigning higher valuations to regional banks, as a whole, investors would be better served shopping for quality rather than bargain banks that are cheap for a reason. Below, I'll outline the case for three regional banks in particular -- First Hawaiian (NASDAQ:FHB), First Republic Bank (NYSE:FRC), and U.S. Bancorp (NYSE:USB).
Source: Motley Fool
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Posted by D4L | Monday, June 19, 2017 | ArticleLinks | 0 comments »________________________________________________________________
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