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![KobeissiLetter Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::3316376038.png) The Kobeissi Letter [@KobeissiLetter](/creator/twitter/KobeissiLetter) on x 948.5K followers
Created: 2024-03-02 15:21:56 UTC

US Regional Bank Stocks YTD: 

X. NY Community Bank, $NYCB: -XX%

X. Valley National Bank, $VLY: -XX%

X. Metropolitan Bank, $MCB: -XX%

X. HarborOne, $HONE: -XX%

X. Zions Bank, $ZION: -XX%

X. Western Alliance, $WAL: -XX%

X. Comerica Bank, $CMA: -XX%

X. Citizens Financial, $CFG: -X%

X. US Bank, $USB: -X%

This comes after New York Community bank, which acquired the collapsed Signature Bank, cut their dividend by 70%.

They also posted a quarterly LOSS of $XXX million while a $XXX million GAIN was expected.

Then, NYCB announced a "material weakness in internal controls."

Did regional banks ever really recover?


XXXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1763947855851454919/c:line.svg)

**Related Topics**
[$cma](/topic/$cma)
[$hone](/topic/$hone)
[stocks](/topic/stocks)
[$nycb](/topic/$nycb)
[stocks financial services](/topic/stocks-financial-services)
[stocks banks](/topic/stocks-banks)
[$vly](/topic/$vly)
[$mcb](/topic/$mcb)

[Post Link](https://x.com/KobeissiLetter/status/1763947855851454919)