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  5. ZBK: I own these two ETF’s with a reasonable profit on each. [BMO Equal Weight US Banks Index ETF]
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Q: I own these two ETF’s with a reasonable profit on each. Would you continue to hold them? Or would you be inclined to sell them either now or perhaps around mid year? Could you provide some rationale for your recommendations. Thanks.
Asked by John on February 02, 2024
5i Research Answer:

We would, based on current information, be comfortable holding. The NYCB situation seems different from last year's crisis. It is likely isolated and specifically related to its own capital requirements. We could be wrong, but with interest rates set to pivot we do not think the situation deteriorates into a banking crisis as we had last March. 

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