24 bank stocks that contrarian bottom-feeders can feast on now

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A financial crisis can set up a bounceback play for investors with strong stomachs.

A financial crisis can send entire stock sectors tumbling. History has shown that timing the market can be difficult, if not impossible. If you move to the sidelines, the tendency is to return too late after a rally has started. But what if you already have cash to put to work?

Recent action underlines what may be a golden opportunity for discerning stock pickers. Below is a screen of analysts’ ratings and price targets for U.S. bank stocks. On Monday, shares of New York Community Bancorp. NYCB shot up 32% after NYCB purchased deposits, loans and branches of the failed Signature Bank from the Federal Deposit Insurance Corp. at a deep discount. That deal instantly transforms NYCB by making it less reliant on wholesale funding and increasing its focus on higher-yielding loans. It also appears to have lowered the risk that the bank may have to cut its dividend, which was a high 7.90%, even after Monday’s share price increase.

Click on the tickers for more about each bank, including news coverage, stock dividend yields and price ratios.

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I'm a contrarian bottom-feeder!!!!

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