10 Bank Stocks Trading Below Book With Up To 85% Upside (Update 2)
Updated with additional comment on Citigroup and with market close information and total return information.
NEW YORK (TheStreet) -- TheStreet has identified a select list of bank stocks still trading below tangible book value, despite the sector's strong year-to-date rally.
Despite the banking sector's strong year-to-date returns, scores of bank stocks still trade below tangible book value, and analysts see a hefty payday down the line for patient investors.
When considering the young year's amazing bank stock rally, it pays to consider an investor's timing. Yes, shares of Bank of America (BAC) were up 44% year-to-date through Friday's close at $8.02, but the one-year total return is negative 45%.