Times of distress usually yield good opportunities as even good companies fall prey to negative sentiment and trade at attractive levels. I thought it would be useful and interesting to being tracking a number of bank stocks, since they could become strong buy candidates over the next few months, similar to the opportunity presented by S&L's in the late 80's/early 90's. The general drop in the financial sector has led to significantly higher dividend yields, for example M&I yields almost 6%.
- Astoria Financial (AF)
- AmericanWest Bancorporation (AWBC)
- BB&T (BBT)
- Bank of Marin Bancorp (BMRC)
- Colonial Bancgroup (CNB)
- Century Bancorp (CNBKA)
- Evans Bancorp (EVBN)
- East West Bancorp (EWBC)
- First Horizon National (FHN)
- Farmers & Merchants Bank of Long Beach (FMBL.OB)
- Green Bankshares (GRNB)
- Hanmi Financial (HAFC)
- Hudson City Bancorp (HCBK)
- Investors Bancorp (ISBC)
- Lincoln Bancorp (LNCB)
- M&I Corporation (MI)
- Malaga Financial (MLGF.OB)
- People's United Financial (PBCT)
- Provident Bankshares (PBKS)
- Pulaski Financial (PULB)
- Sovereign Bancorp (SOV)
- Severn Bancorp (SVBI)
- West Coast Bancorp (WCBO)
- Wintrust Financial (WTFC)
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