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Many of the small and regional U.S. banks trade on the NASDAQ market. In the past few years some of these banks have disappeared after they were shutdown by regulators or taken over by competitors. After TARP, many of the survivors have cleaned up their balance-sheets and are slowly recovering to attain pre-crisis levels. While this process may take a few years, it may be time for investors to nibble at some of the survivors as prices look attractive at current levels.

To identify some of the bank stocks for potential investment, I ran the stock screener with the following criteria:

1. Stocks must trade on the NASDAQ
2. Market cap must be >= $2B

The screen resulted in the following stocks:

S.No. Name Ticker Dividend Yield as of Jan. 6, 2011 Market Capitalization
1 Associated Banc-Corp ASBC 0.27% $2.6B
2 BOK Financial Corporation BOKF 1.84% $3.7B
3 Commerce Bancshares, Inc. CBSH 2.37% $3.5B
4 East West Bancorp, Inc. EWBC 0.20% $3.0B
5 First Citizens BancShares Inc. FCNCA 0.63% $2.0B
6 Fifth Third Bancorp FITB 0.27% $11.6B
7 FirstMerit Corporation FMER 3.24% $2.1B
8 First Niagara Financial Group Inc. FNFG 4.27% $2.9B
9 Fulton Financial Corp. FULT 1.16% $2.0B
10 Huntington Bancshares Incorporated HBAN 0.56% $5.1B
11 Hudson City Bancorp, Inc. HCBK 4.70% $6.9B
12 Northern Trust Corporation NTRS 2.00% $13.6B
13 Signature Bank SBNY N/A $2.0B
14 SVB Financial Group SIVB N/A $2.2B
15 Zions Bancorporation ZION 0.16% $4.4B
16 TFS Financial Corporation TFSL N/A $2.9B
17 Peoples United Financial, Inc. PBCT 4.41% $5.2B

Disclosure: Author long FITB

Source: 17 Regional Bank Stocks Offer Investment Opportunities