Viewing a single comment thread. View all comments

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.

3