
The recent banking woes have put a damper on investors’ confidence. However, financial regulators and banks have assured that the banking system remains strong. Last month, President Joe Biden stated, “Americans can rest assured that our banking system is safe.”
Amid this backdrop, investors could consider adding fundamentally strong bank stocks, The Community Financial Corporation (TCFC) and Hanover Bancorp, Inc. (HNVR), to their portfolios.