Following the failure of First Republic (FRC), regional bank stocks have come under renewed pressure. In The Prudent Speculator’s latest special report, Banking on Value – Revisited, I discuss the latest goings on and separate fact from fiction. I also offer actionable advice from our Value Investing perspective, including three additional undervalued stock selections to go along with the one featured below.
Updating the Report for last week’s developments, I concede that news on the regional banking front was problematic, at least as far as PacWest Bancorp goes, though the same could not be said for another supposedly troubled West Coast bank, Western Alliance.
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