Everything was going fine for bank stocks this year-until Silicon Valley Bank collapsed. Smaller banks have been hit particularly hard, Jacob Sonenshine writes in this week’s edition of Barron’s. It would be foolhardy, though, to treat all banks the same way, the author says. Axos (AX), Bread Financial (BFH), First Financial Bancorp (FFBC), OFG Bancorp (OFG), Preferred Bank (PFBC), and S&T Bancorp (STBA) are six small bank stocks that look ready to shine, the publication notes.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>