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2 Bank Stocks to Buy After Their Third-Quarter Earnings Reports
The Motley Fool·
The banking industry is performing well with increasing profits from higher interest rates and steep yield curves. JPMorgan Chase and First Citizens BancShares are recommended as solid bank stock picks. JPMorgan, the country's largest bank with $5 trillion in assets, offers revenue diversity through investment banking and wealth management. First Citizens has demonstrated strong acquisition strategy, recently acquiring Silicon Valley Bank's assets and reporting earnings that beat estimates by 20%.
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