JPMorgan's research group shared its top large cap bank stock ideas in a note to clients Wednesday.
"Divergence persisted into the third quarter among regionals with some banks continuing to deliver better results than others," wrote analyst Vivek Juneja. "Bank stocks have done well recently, especially money centers, on hopes for a more hawkish Fed (with likely a new head plus more), plus some upside from regulatory and tax reforms."
The analyst gave his five key thoughts on the recent third-quarter results:
Here are three overweight-rated stocks recommended by JPMorgan, along with current price targets.