3 Bank Stocks to Watch in Q3

(TheStreet) -- While banks like Bank of America BAC, Citigroup C Goldman Sachs GS and JPMorgan Chase JPM typically dominate the headlines at earnings time, TheStreet's readers have also shown interest in a few other names that tend to attract slightly less attention. We put together a preview of three of those banks, pointing to some key issues for each that are likely to command investors' attention when third quarter numbers come out. For the sector as a whole, banks will need to show improvement in bringing down problem assets, according to Peter Kovalski, portfolio manager and banking sector analyst at Alpine Funds in Purchase, N.Y. "The focus will be asset quality: that's what's going to drive the stock," Kovalski says, noting he expects margins to be weak, especially in banks' investment banking and asset management divisions. Here are three banks to watch. 3. Huntington Bancshares HBAN Total Assets: $51.6 billion Headquarters: Columbus, Ohio Third quarter earnings report date: Oct. 21 (before market open) Continue reading the article.
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