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Where Large Banks Fail, Regionals are Succeeding: Bove

Category : Stocks

By Jeff Cox, Senior Writer

NEW YORK (CNBC) — Large regional banks are filling a void created by the biggest institutions’ regulatory burdens and the competitive disadvantage of smaller companies, analyst Dick Bove said.

Firms in the middle tier of banking — think US Bancorp , PNC and Capital One, for instance — are growing their key commercial and industrial lending portfolios while their competitors have had to pull back their activities, according to an analysis from the widely followed Rochdale Securities vice president of equity research. …

Link: Where Large Banks Fail, Regionals are Succeeding: Bove

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