Seeking Alpha

With net interest margin pressure likely to continue for banks, Evercore's John Pancari picks...

With 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).
Comments (1)
  • FNFG should be a buy around $7.50 and below.
    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.
    18 Jun 2012, 12:43 PM Reply Like
DJIA (DIA) S&P 500 (SPY)