"Bank Stocks: Contrarian Buying Opportunities Amid Market Volatility"

Recent market turmoil has created a golden opportunity for stock pickers to invest in US bank stocks. A screen of analysts’ ratings and price targets for US bank stocks shows that 24 out of 51 banks or bank holding companies with total assets of at least $20bn have majority “buy” or equivalent ratings. The list is ranked by upside potential implied by consensus price targets, with Western Alliance Bancorp, Comerica and Synovus Financial Corp. topping the list. The recent crisis has also highlighted the benefits of deals with the FDIC, which can be very accretive for banks in a position to help.