The banking sector is having a rough couple of weeks, but these could be good buys for patient investors.
After the high-profile failure of SVB Financial (SIVB.Q), the entire banking sector has been beaten down and volatile over the past couple of weeks. But in this clip, I discuss with my colleague Tyler Crowe some of the bank stocks that could actually be net beneficiaries of the current situation.
*Stock prices used were the afternoon prices of March 23, 2023. The video was published on March 24, 2023.
SVB Financial provides credit and banking services to The Motley Fool. Wells Fargo is an advertising partner of The Ascent, a Motley Fool company. Citigroup is an advertising partner of The Ascent, a Motley Fool company. JPMorgan Chase is an advertising partner of The Ascent, a Motley Fool company. Bank of America is an advertising partner of The Ascent, a Motley Fool company. Matthew Frankel, CFP® has positions in Bank of America and Wells Fargo. The Motley Fool has positions in and recommends Bank of America, JPMorgan Chase, and SVB Financial. The Motley Fool has a disclosure policy. Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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