A lot of investors are still avoiding bank stocks, if not outright selling. And while plenty of banks may deliver underwhelming results in the years to come, there are bargains to be found. In this video, Motley Fool contributor Jason Hall makes the case for Axos Financial (NYSE: AX), which trades for cheaper earnings valuations than Bank of America (NYSE: BAC) and U.S. Bank (NYSE: USB), and while not as cheap as Truist Financial (NYSE: TFC), is built to deliver better profits going forward.
*Stock prices used were from the afternoon of Aug. 16, 2023. The video was published on Aug. 22, 2023.
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Bank of America is an advertising partner of The Ascent, a Motley Fool company. Jason Hall has positions in Axos Financial, Bank of America, and Truist Financial. The Motley Fool has positions in and recommends Axos Financial, Bank of America, and Truist Financial. The Motley Fool recommends U.S. Bancorp. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
