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Bank stocks are very shaky and risky in the current markets, but I feel there are a few "diamonds in the rough" worth looking into. Below is an analysis on 3 bank stocks that I feel could see huge gains in the coming years. I feel that there might be a few downward trends, but in the long run at these prices these banks will see huge profits.

1) Bank of America Corporation Common Stock (NYSE:BAC) Yes I did say Bank of America the biggest bank holding company in the U.S. by assets, and although very controversial has proved its name throughout time. Currently Stock price is $6.39 and I believe this is a complete steal, of course not as good as in March 2009, but close. The one year analyst price target is $10.48 (64.01% upside potential), but I feel this number could be even higher in 2013 and beyond. Current dividend yield is 0.6%, and the current book value is 20.29. BAC is in lots of trouble largely in part to its acquisition on Countrywide which has plagued its balance sheet, but is truly "too big to fail," and not to mention has several options within its grasp in order to ensure profits. I think getting in now would pose a big reward for long term investors.

2) Citigroup, Inc. Common Stock (NYSE:C) Yet another struggling bank, but a bright future when taking into consideration history. Current stock price is $28.88 with an analyst 1 year price target of $45.67 (58.14% upside potential), but again I feel could increase even more in the long run. Current dividend yield is 0.2% (not to mention recent talks of increasing dividend), and a book value of $60.33. C has a current EPS of 3.24 and a P/E ratio of 9.05x. Fundamentally this bank is doing better than Bank of America, but is not as big. This is yet another stock to watch for future long term growth.

3) JP Morgan Chase & Co. Common Stock (NYSE:JPM) is another a financial holding company that is worth getting into while it is still near its 52-week low. Currently it is trading at $33.05 with an analyst 1 year price target of $49.5 (49.77% upside potential). Current dividend yield for JPM is the best of the group at 3.1%, and EPS is highest as well at 4.68 with a P/E of 7.13x. Current book value is at $44.79 which shows the company is highly undervalued and ready for growth, especially since it is floating close to its 52-week low of $27.85, high was $48.36. This bank's historical earning have been very good, and it is currently very well capitalized. Overall JPM is an excellent pick for a long term investor.

Source: 3 Bank Stocks To Buy Before It's Too Late