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Financial
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Bank of America Stock Gets A Whole Lot Cheaper
Well, it has certainly been an interesting week for the banking industry. The failure of Silicon Valley Bank has sent bank stocks into a tailspin. The regionals and smaller niche lenders have fared the worst, but even the big money center banks like Bank of America (BAC) have been caught up in the maelstrom.
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Bank of America: Still A Solid Mix Of Value & Quality After So-So Results
The operating environment of the past few quarters has been a pretty good one for lenders. Rates have risen sharply, credit demand has been strong, and asset quality, though normalizing, has likewise remained solid.
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First Hawaiian Has Budding Dividend Stock Potential
I am excited to resume single ticker stock coverage, starting with First Hawaiian (FHB). Admittedly this is a bit of a left field candidate, but any fellow golf fans and PGA Tour followers may get the reason why I’m starting here – this time of the year seeing the players tee it up in back-to…