3 Cheap Bank Stocks That Smart Investors Will Snap Up Now

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The U.S. banking industry faced one of its worst shocks of the past decade this March. The sudden surge in interest rates caused depositors to pull their money from some banks; meanwhile, the value of many fixed-income investments declined given the change in interest rates. Investors dumped bank stocks across the board given the heightened uncertainty. This has led to the rise of cheap bank stocks.