From Yahoo Finance: 2025-04-01 12:49:00

The global banking market was valued at $35.4 billion in 2024, expected to grow to $55.25 billion by 2034. McKinsey and Company’s Global Banking Annual Review for 2024 revealed that the industry has low price-to-book multiples, raising concerns about long-term value creation.

Barclays analyst Jason Goldberg discussed the banking sector on CNBC, noting the recent volatility in bank stocks and lower valuations. Despite near-term uncertainties, Goldberg remains positive on the sector, citing potential growth in loan activity, mergers, and reduced regulations.

Bank of NT Butterfield & Son Ltd. (NTB) ranks 7th on a list of best small cap bank stocks. The company offers community, commercial, and private banking services, with a focus on wealth management. NTB aims to maintain stable non-interest income and pursue strategic acquisitions for continued growth and profitability.

Read more: Is Bank of NT Butterfield & Son Ltd. (NTB) The Best Small Cap Bank Stock To Invest In Now?