The Garden State
Regional Banking has been a sector that I have been following for quite some time, as I believe there are many opportunities to be had for patient investors willing to look long and hard. The sector itself is enormous, limiting the potential for competition and increasing the chance that a few companies will slip through the cracks and provide investors with a bargain. There are also some banks that are excellent businesses in their own right, retaining excellent management, high quality or unique assets or an unusually strong competitive position in a specific reason.
One regional bank that I believe is worthy of note is Valley National Bank (VLY), operating in New Jersey and New...
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