I found this recently with banks. Until a few weeks ago there were some regionals with stunning earnings growth and conservative asset-to-equity ratios with PEs of 5. There are still many at 8, which is still an attractive ratio to me. I think a lot of investors are still scared after the SVB fallout, and maybe to a lesser extent 2008.
I found this recently with banks. Until a few weeks ago there were some regionals with stunning earnings growth and conservative asset-to-equity ratios with PEs of 5. There are still many at 8, which is still an attractive ratio to me. I think a lot of investors are still scared after the SVB fallout, and maybe to a lesser extent 2008.
I found this recently with banks. Until a few weeks ago there were some regionals with stunning earnings growth and conservative asset-to-equity ratios with PEs of 5. There are still many at 8, which is still an attractive ratio to me. I think a lot of investors are still scared after the SVB fallout, and maybe to a lesser extent 2008.