3 Bank Stocks to Buy in 2022
Bank stocks are expected to outperform in 2022, largely because the Federal Reserve is projected to raise interest rates this year, which benefits most banks. All of this should help restore banks' net interest margin, which essentially shows the difference between what a bank makes on interest-earning assets like loans and securities, and pays out on interest-bearing liabilities like deposits. Three bank stocks that I would recommend buying this year are Customers Bancorp (NYSE: CUBI), Triumph Bancorp (NASDAQ: TBK), and SVB Financial Group (NASDAQ: SIVB), the parent of Silicon Valley Bank.