CNBC Stock Blog
- Portfolio Prep for Next Week: 'Don't Get Crazy'
- Strategists on Dubai: Avoid 'Rash Moves' Now
- Dubai Stock Market Fear Has 'Legs': Dennis Gartman
- Surprising Options Trades in TiVo Shares
- 10 Dividend Picks For Your Portfolio: Chief Investors
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Retail Earnings and Sales to Improve in Q4: Analyst
- 4 Food Stocks to Stuff in Your Portfolio: Analyst
- S&P at 1050-1200 Trading Range Next Year: Strategist
MOST SHARED
- Tiger Woods Out of Hospital After Accident
- The Good Entrepreneur Winner
- Get Paid Six Figures to Wear a T-Shirt?
- Global Selloff From Dubai Woes Shows Signs of Winding Down
- Longer Lines, Fuller Carts This Black Friday
- Halftime Report: Dubai - First Ripple Of Larger Crisis?
- Next Week: Cash In Now Or Wait For A Santa Rally?
- Dubai Spooks Investors But May Bring Buying Opportunity
- U.S. Stocks Fall on Dubai Worries
- Black Friday at Best Buy
- Strategists on Dubai: Avoid 'Rash Moves' Now
- Longer Lines, Fuller Carts This Black Friday
- Dubai Stock Market Fear Has 'Legs': Dennis Gartman
- Obama's Emission Reduction Pledge Paints Future for Autos
- Is Super Bowl Halftime Act Too Old?
- Surprising Options Trades in TiVo Shares
- EA Sports Hopes to Pump Up Sales Through Pop-Up Locations
- Global Selloff From Dubai Shows Signs of Winding Down
- Dubai Stock Selloff May Bring Buying Opportunity
- Longer Lines, Fuller Carts This Black Friday
- Tiger Woods Out of Hospital After Accident
- Dubai Fallout Is a Correction, Not Another Crisis: El-Erian
- Dubai's Debt Woes Signal New Era for Creditors
- Get Paid Six Figures to Wear a T-Shirt?
- The World's Biggest Debtor Nations
- Five Tips for Buying a Foreclosed Home
RSS FEED
Text Size 
CNBC News Associate
Bank failures are a necessary thing for the industry, said Collyn Gilbert, managing director and senior bank analyst at Stifel Nicolaus.
“We shouldn’t be scared about investing in banks,” Gilbert told CNBC.
“Either if it it’s going to come through failures or some sort of forced consolidation, the object is to reduce the number of 8,500 banks we have in the industry.” (Read below for her stock picks.)
Gilbert said the reduction will be positive in the long-term for shareholders, bank customers and the banking industry.
“Look at the banks that have a favorable competitive position, that they have enough capital to weather through this and that they’ve been in a position where they can more or less quantify what the potential credit loss is going to be,” she said.
Financials — Second Opinions:
- Dick Bove: Failures Could Tap 25% of Healthy Banks' Earnings
- I'm 'Very Bullish' on Financials: Portfolio Manager
Gilbert said she is in favor of resolving the bank situation, even if it means a temporary infusion of capital.
“Ultimately, what it comes down to is who is going to run the company, what’s the capability of the management and the board of the company,” she said.
Gilbert Likes:
People’s United Financial [PBCT
Loading...
()
]
First Niagara [FNFG
Loading...
()
]
M&T Bank [MTB
Loading...
()
]
Valley National [VLY
Loading...
()
]
______________________________
CNBC Slideshows:
______________________________
Disclosures:
Gilbert has investment banking clients who own shares of FNFG, PBCT and VLY. Gilbert does not own shares of MTB.
______________________________
______________________________
Data is a real-time snapshot *Data is delayed at least 15 minutes