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With net interest margin pressure likely to continue for banks, Evercore's John Pancari picks...
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Monday, June 18, 2012, 10:48 AM ETWith net interest margin pressure likely to continue for banks, Evercore's John Pancari picks those lenders most exposed: FirstMerit (FMER), BBT, Commerce (CBSH), Wells Fargo (WFC), M&T (MTB), First Niagara (FNFG), PNC, and BofA (BAC). Best equipped to handle lower margins: KeyCorp (KEY), Regions (RF), and JPMorgan (JPM).
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Made my money on this stk early in the year and bailed hard.
Didn't expect anything good from it until 3rd or 4th Qtr of 12 now more likely 2 qtr of 13.