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3 Bank Stocks to Buy Without the Baggage

Regional and local banks offer great opportunity

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Park National

Shares of Park National (PRK) of Newark, Ohio, have returned close to 25% year-to-date and the stock delivers a whopping 4.70% dividend yield. The company had $6.6 billion in total assets as of Sept. 30 and reported third-quarter net income of $20 million, or $1.30 a share, compared to $20.7 million, or $1.34 a share, the previous quarter, and $18.9 million, or $1.10 a share, a year earlier.

KBW analyst John Barber gave the stock a $73 price target, estimating the company will earn $5.14 a share this year.


Article printed from InvestorPlace Media, http://investorplace.com/2013/11/3-bank-stocks-buy-c-jpm/.

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