S&P Capital IQ Favors Regional Banks Over Large Institutions for 2017

Consumer lenders like American Express and Discover could benefit under looser financial regulations under the Trump administration, says S&P Capital IQ.
Stocks quotes in this article: COF, AXP, DFS, FHN, C, JPM, WFC, CMA, BAC

Relaxation of financial regulations under a Trump administration would benefit regional banks and consumer lenders, according to S&P Capital IQ.

Capital One (COF) , American Express  (AXP)  and Discover  (DFS)  are potential winners in 2017, according to Erik Oja, an analyst with CFRA. Additionally, Oja says a softening of the Volcker Rule could benefit banks like First Horizon National (FHN)  in Tennessee, which is major bond trader. He thinks regional banks like Comerica (CMA)  will be winners next year, thanks to an improving economy.

Oja believes regulatory changes may make the large financial institutions like Bank of America (BAC) , JPMorgan Chase (JPM) , Citigroup (C)  and Wells Fargo (WFC) rethink their business models and sell off some assets.

Get an email alert each time I write an article for Real Money. Click the "+Follow" next to my byline to this article.

TAGS: Investing | Video | Banking | Opinion | Regulation | Stocks | Executive Interview

More from Video

One Tweet Pulls the Rug Out From Under the Indexes

James "Rev Shark" DePorre

Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.

A Technical Look at the New Dow Jones Industrial Average

Bruce Kamich

Salesforce, Amgen and Honeywell will give a lift to the DJIA going forward.

Conagra Brands Looks Tastier After Its Upgrade to Buy

Bruce Kamich

CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.

Biogen Bulls Get a Lift From Quant Upgrade and Strengthening Charts

Bruce Kamich

Breaking down an approach to the long side of this biotech stock.

Is Renewable Energy the Defensive Stock Opportunity You're Missing

Kevin Curran

AMSC CEO discusses that and China challenges.

Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation. If you have questions, please contact us here.

CANCEL
SUBMIT

Email sent

Thank you, your email to has been sent successfully.

DONE

Oops!

We're sorry. There was a problem trying to send your email to .
Please contact customer support to let us know.

DONE

Please Join or Log In to Email Our Authors.

Email Real Money's Wall Street Pros for further analysis and insight