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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (58044)9/22/2016 11:37:27 AM
From: Jurgis Bekepuris  Respond to of 78670
 
Then we have banks where foot traffic is down 75%
Is it?

I've been to a branch three times in last couple of months. There was a queue every time I got there. Maybe it's because of fewer tellers, but I don't think there were more tellers in the past.



To: Spekulatius who wrote (58044)9/22/2016 3:20:24 PM
From: Shane M  Read Replies (1) | Respond to of 78670
 
re: "Then we have banks where foot traffic is down 75% and over time, this mean that many branches will disposer or at least drastically shrink in footprint "

My uncle says if you look around, the two things they're always building are banks and hospitals. I'm trying to become more educated about banks recently as I've stayed away from financials in the past, and it's certainly not something I understand very well even with some comparison work I've done so far, but I'm becoming somewhat more comfortable with help of some guides people have posted on the web, along with comparing to something like WFC or USB as benchmarks. Financials have underperformed for a long while, metrics seem inexpensive, and seems there should be value there to expose my portfolio.

I haven't heard bank CEOs in conference calls really talk about the measures used to justify and determine branch openings and success rates, but it does seem alot of branches get opened. I wonder if it's more shifting branches from aging parts of town to new areas of population growth. I'll keep your question in mind as I read.