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The banking turmoil may have subsided, but there are still excellent bargains in the financial sector.
Although the regional banking turmoil of earlier this year has largely calmed down, many bank stocks are still trading for 20%, 30%, or more below where they were a year ago. Here are three bank stocks in particular that look like attractive buys as we head into the second half of 2023.
*Stock prices used were the afternoon prices of July 11, 2023. The video was published on July 12, 2023.
Ally is an advertising partner of The Ascent, a Motley Fool company. Wells Fargo 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 Ally Financial, Bank of America, Goldman Sachs Group, and Wells Fargo. The Motley Fool has positions in and recommends Bank of America and Goldman Sachs Group. The Motley Fool recommends Truist Financial. The Motley Fool has a disclosure policy.
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