Rob Sechan, Managing Partner, New Edge Capital Comerica Inc CMA-N BUY Dec 01, 2023

This is a $70 billion regional bank. Next year, the CCAR limit will rise up to $200 billion, so this bank will not have to go through that very expensive process. Compliance costs for them are coming down if deregulation hits. This is a big beneficiary of lower tax rates. There is improved commercial lending going on in the US and they benefit from that. 90% of their loans our floating rate loans. Dividend yield of 1.4%. (Analysts' price target is $83.)

Has branches primarily in Texas (rising oil prices) and California, two strong geographic regions. Regional banks are sensitive to rising interest rates. Loan origination is accelerating in the U.S. Expect dividend growth and return of capital to shareholders. Deregulation will help, too. (Analysts' price target: $103.04)

This is a regional US bank. The space has been on the bubble with concerns of rate increases on 10 year bonds breaking above 3%. He would continue to hold and sees a good future.

#4 loser in Q1, down 35%, all during March. It got killed in the regional bank crisis of March. Avoid.

Not bad. It positioned poorly for the Fed rate hikes last year, but will be fine if rates decline later this year. A decent bank.

Trades at only 10x PE and pays a 5.4% dividend yield. It last reported a poor quarter.