Moreover, the sector is expected to grow further thanks to the integration of advanced technologies. According to a CNBC report, several investors are optimistic about regional banks’ performance in the second half of this year.
Given this backdrop, we think it could be wise to bet on regional bank stocks Synovus Financial Corp. (SNV), Popular, Inc. (BPOP), and Hancock Whitney Corporation (HWC). They are each expected to continue thriving based on their fundamental strength. Furthermore, they each have an overall B (Buy) rating in our proprietary POWR Ratings system.