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Stock Sector - Regional Banks

Posted on 11/17/16 at 1:36 pm
Posted by RidiculousHype
St. George, LA
Member since Sep 2007
10201 posts
Posted on 11/17/16 at 1:36 pm
Anyone else finding a lot of promising names in this sector? Seems like an inordinate amount of stocks with clean charts, insider buying, and sound financials in the regional banking sector.
Posted by Grits N Shrimp
Kansas City, MO
Member since Dec 2014
646 posts
Posted on 11/17/16 at 4:49 pm to
I'm curious about this sector as well. Got lucky with PB earlier this year. Bank out of Houston with 250 locations. There seem to be a lot of similar banks out there with good measurables like you mentioned. I'll be honest though, I don't completely understand the ins and outs of the industry.
Posted by Serraneaux
South of 30a
Member since Mar 2014
19659 posts
Posted on 11/17/16 at 8:06 pm to
Did Avenue Bank in Nashville 2 years ago and last year they were bought out. I think I bought at 12.55/share and sold at close to $20.00/share.

Other local banks in Nashville that just went public are CSTR-Capstar, FirstBank-FBK and Franklin Synergy-FSB. I got FSB at 22.00/share and it's in the 34.00/share range now. I love these bank stocks and hold all 3 of them.
Posted by Grits N Shrimp
Kansas City, MO
Member since Dec 2014
646 posts
Posted on 11/17/16 at 8:11 pm to
Anything related to the economic growth of Nashville is worth holding. Place is exploding
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 11/17/16 at 9:26 pm to
PNFP has been and continues to be an absolute beast
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