Regional Banks are front and center in the markets these days. For those interested, below we highlight the 63 companies that make up the S&P 1500 Regional Banks index. For each stock, we include its percentage from its 52-week high, year-to-date percent change and estimated dividend yield.
As shown, the majority of stocks in the index are down significantly on the year, with UCBH Holdings down the most at 82%. There are some stocks in the group that are up on the year, however. UMB Financial is a regional bank that is up 43% this year. Others in the green for 2008 include WIBC, WABC, CBU, FBP, ONB, HBHC, CFR, NARA and BOH. The estimated dividend yields are quite high since prices have fallen so much and dividends have yet to really get cut. Take these with a grain of salt.
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