Dory A. Wiley is President & CEO of Commerce Street Holdings, LLC, the holding company for Commerce Street Capital, LLC (“CSC”), a FINRA member broker/dealer and Commerce Street Investment Management, LLC (“CSIM”), an SEC-registered investment advisor. Since co-founding the firm in 2007, his primary focus has been the creation and management of investment funds that specialize in financial institutions and related derivatives.
With the Great Recession a distant memory, the financial sector hopes to cap a great recovery.
Commerce Street Capital’s Dory Wiley acknowledges that the market found comfort in the naming of Janet Yellen as Treasury secretary, but still favors some regional banks over the big banks.
The banks have some room for upside, and you get the dividend.
Bank of America (BAC) looks like the best value for money center banks for next few years.