After a big year in 2021 and a hot start to 2022, bank stocks have lagged in recent months. The combination of a recovering U.S. economy and the potential for aggressive Federal Reserve interest rate hikes could set up bank stocks for outsize earnings growth in the next couple of years. However, exposure to the Ukraine war and the possibility of slowing loan growth have weighed on bank stocks as of late. Despite the recent volatility, analysts say many bank stocks remain undervalued. Here are 10 of the best bank stocks to buy in 2022, according to Wall Street analysts.
JPMorgan Chase & Co. (JPM)
Wells Fargo & Co. (WFC)
Citigroup Inc. (C)
M&T Bank Corp. (MTB)
Bank of America Corp. (BAC)
U.S. Bancorp (USB)
PNC Financial Services Group (PNC)
Truist Financial Corp. (TFC)
SVB Financial Group (SIVB)
Fifth Third Bancorp (FITB)
JPMorgan Chase & Co. (JPM)
Wells Fargo & Co. (WFC)
Citigroup Inc. (C)
M&T Bank Corp. (MTB)
Bank of America Corp. (BAC)
U.S. Bancorp (USB)
PNC Financial Services Group (PNC)
Truist Financial Corp. (TFC)
SVB Financial Group (SIVB)
Fifth Third Bancorp (FITB)