Prolonged high interest rates, higher deposit costs, a slowdown in loan growth, potential defaults on commercial real estate loans, stringent lending standards, and a possible uptick in delinquencies cloud the U.S. banking sector’s outlook this year.
Amid this backdrop, investors could wait for an opportune entry point in popular bank stocks JPMorgan Chase & Co. (JPM), Wells Fargo & Company (WFC), and Bank of America Corporation (BAC).
