Large Regional Banks/Brokers Notch Big Gains; Some Primed For MoreVW Staff
Sterne Agee analysts Todd L. Hagerman and Robert Greene cite operating efficiencies, lower legal and environment related costs, marginal loan growth and increased capital returns as the factors that could drive improved earnings growth at the large regional banks/broker.
“Despite significant multiple expansion over the past year, we believe the large broker/ regional banks offer the best risk/reward. However, as we enter '14, we see few catalysts . . .
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