EXCLUSIVE: Regional Banks A Buying Opportunity Amid ‘Ridiculously Cheap Valuations,’ Veteran Value Investor Says

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Benzinga

Amid a tumultuous week for regional banks, marking their worst performance since the March 2023 sell-off, Tim Melvin, a seasoned value investor with over three decades of experience, remains undeterred in his bullish outlook on the sector. Despite widespread pessimism, Melvin identifies the current market conditions as ripe with opportunity for patient investors. Melvin on New York Community Bancorp’s Isolated DeclineIn an exclusive interview with Benzinga, Melvin addressed the recent sell-off of New York Community Bancorp (NYSE:NYCB), emphasizing that this should not be seen as indicative of …

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