Shares in regional bank stocks have stabilized recently, but analysts say both technical and fundamental factors make it too soon to call a bottom in the sector.
The collapses of Silicon Valley Bank and Signature Bank sparked turmoil throughout the regional bank sector in March, necessitating government intervention. And while the worst of the crisis appears to have passed, the big-picture view suggests that investors would do well to wait before risking their capital on seemingly cheap regional bank stocks.
