This company, a bank holding firm, offers banking and trust services to retail and commercial customers in North America.
Does anybody else hold this? Union and DNC affiliated mission driven bank that has been thrown out with the bath water in my opinion. Low exposure to commercial RE, and while it’s deposit base is concentrated, it is more reliably cyclical with inflows likely over the next few years rather than outflows due to the elections. Longer term, as labour share of the economy normalises back to historic levels deposits should swell. This is also one of the only stocks I can find that could benefit from rising unionisation.
