Submitted by [deleted] t3_126w9px in wallstreetbets
ValueScreener t1_jecv1hx wrote
They don’t have low costs deposits now. They’re surviving on loans from other banks and the federal home loan bank.
Those loans cost a lot more than the deposits they are replacing. Profits are going to suffer until depositors trust the bank again. No one know when or if that will ever happen.
I analyze banks for a living. My advice, only invest what you’re willing to lose. This is a gamble.
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