John Schryber retweetledi

US Regional Bank Stocks YTD:
1. NY Community Bank, $NYCB: -66%
2. Valley National Bank, $VLY: -26%
3. Metropolitan Bank, $MCB: -26%
4. HarborOne, $HONE: -18%
5. Zions Bank, $ZION: -15%
6. Western Alliance, $WAL: -13%
7. Comerica Bank, $CMA: -12%
8. Citizens Financial, $CFG: -6%
9. US Bank, $USB: -6%
This comes after New York Community bank, which acquired the collapsed Signature Bank, cut their dividend by 70%.
They also posted a quarterly LOSS of $260 million while a $250 million GAIN was expected.
Then, NYCB announced a "material weakness in internal controls."
Did regional banks ever really recover?
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