5 Oversold Bank Stocks To Buy

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In this piece, we will take a look at five oversold bank stocks to buy. If you want to see what’s happening in the banking industry right now, then take a look at 10 Oversold Bank Stocks To Buy.

5. Red River Bancshares, Inc. (NASDAQ:RRBI)

Latest RSI Reading: 43.78

Red River Bancshares, Inc. (NASDAQ:RRBI) operates primarily in Louisiana and serves the needs of both regular and corporate customers. The firm has consistently beaten consensus analyst EPS estimates in its four latest quarters, and the bank has maintained profitability during the first six months of this year despite the fact that the regional banking sector has been dealt hefty blows.

Three of the 943 hedge funds part of Insider Monkey’s Q1 2023 database of 943 hedge funds had bought Red River Bancshares, Inc. (NASDAQ:RRBI)’s shares. Fred Cummings’ Elizabeth Park Capital Management is the largest shareholder with a stake worth $2.4 million.

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