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Latest interview on Benzinga PreMarket show

This past Friday I had the pleasure of being a guest on the Benzinga PreMarket show again.  I enjoy discussing banks and bank investing with the Benzinga listeners.  A link to the video is below.


I discussed a few items that I intend to post about in-depth in the future.

  • Recently I spent some time reviewing the Q4 numbers for the US banking industry.  Specifically I investigated the narrative that this low rate environment was causing margin compression and making it hard for banks to make money.  What we found was that the majority of US banks have experienced expanding net interest margins over the past year.
  • One area of the banking market I've spent some time looking at recently are the regional banks. These are discussed in the show.  Two regional banks stand out as more attractively valued: FITB and STI.  

2 comments:

  1. binghamcpa@gmail.comMarch 31, 2015 at 11:59 AM

    Nate,
    Have you any thoughts on FBAK (First National Bank of Alaska) or NRIM (Northrim) ?

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    Replies
    1. Nate TobikMarch 31, 2015 at 12:01 PM

      I like both... I have this list of banks I need to write up further. I think NRIM is slightly more attractive in terms of valuation. But FBAK is a really solid bank. I don't think an investor would go wrong owning either.

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