In the following video, Motley Fool analysts David Hanson and Matt Koppenheffer discuss several big banks and why they look cheap today based on price to tangible book value. David warns that while there could definitely be a big upside for some of these banking stocks based on these valuations, only patient investors who are in it for the long haul will see those investing theses play out.

David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Bank of America. The Motley Fool recommends and owns shares of Wells Fargo. It owns shares of Bank of America, Citigroup , and JPMorgan Chase. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.