Is it a good time to buy bank stocks?


Checking the list of top losers YoY, I see that the bank stocks are the only ones with positive EPS. For example PacWest (PACW) is ~84% down from its ATH of 51.20$ in January 2022. It reached an ATL of 3.17$ May this year but since then it has recovered 264%. Their fundamentals don't seem that positive yet, but market sentiment certainly does.

So what do you think? Should I buy PACW or not?


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