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No. of Recommendations: 2
"do you have any thoughts on positioning across the regionals, nationals, etc.?"

Not really. Almost all banks share some characteristics, but they also have things that differentiate themselves from one another.

In March I was trying to stay away from banks with substantial exposure to the travel and energy industries. Today I would have much less problem with banks in the oil patch.

I looked at CFG and put an order in for it and several other banks. As my orders hit, I continued to lower my bids until I had all the banks I wanted then I cancelled all the remaining orders including the one on CFG. It reported better Q1 earnings than most, down a little, but not much. The problem was that it didn't provision much for its ALLL unlike most of the banks I looked at.
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