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Stock impact report

3 Incredibly Cheap Bank Stocks to Buy Now [Yahoo! Finance]

LendingClub Corporation (LC) 
Last lendingclub corporation earnings: 2/18 04:06 pm Check Earnings Report
US:NYSE Investor Relations: ir.lendingclub.com
Company Research Source: Yahoo! Finance
underway in stocks . With this recent rally, some stock valuations may be stretched, making it harder to find deals. Good news for you: There are still plenty of deals to be had in the market today. Bank stocks have been slow to recover amid the high interest rate environment, which has been a headwind to businesses. However, there are at least three bank stocks that still trade at incredibly cheap valuations and could be poised to take off. 1. Citigroup Citigroup (NYSE: C) is one of the largest banks in the U.S. but has struggled in recent years as its wide-ranging worldwide business endeavors has spread it too thin. Not only that, but a few years ago, the bank was fined $400 million for deficiencies in internal controls, risk management, and data governance. As a result, Citigroup's performance struggled compared with that of its banking peers. Because of its recent history of underperformance, Citigroup trades at a dirt cheap 33% discount to its tangible book value. In comp Show less Read more
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