Finance Stocks Are Discounted Compared To The Stock Market Today
b'"Bank stocks are trading at a large discount compared to the overall stock market. The financial sector benefits from rising interest rates. Increase in loan loss provisions in a recession would be manageable. Bank capital ratios and loan books are much healthier today than they were in 2008. The Citigroup (C) stock price has lagged the market significantly over the past year. Citigroup improved focus on its best markets should drive improvements in its core returns. Popular Inc. (BPOP) is a small to mid-cap regional bank that dominates the Puerto Rican market. Popular Inc. (BPOP) has a very strong capital position," says Hunter Doble.'