Angel Oak's Pate: Financials are at a good point 'for valuations to take off from here' episode artwork

EPISODE · Dec 24, 2020 · 9 MIN

Angel Oak's Pate: Financials are at a good point 'for valuations to take off from here'

from The NAVigator

Cheryl Pate, portfolio manager for Angel Oak Capital, says that banks took steps to shore up their balance sheets and now are sitting on excess reserves, which should boost earnings in the latter half of 2021. Coupled with a positive picture on interest rates, inflation and government oversight, she says valuations are poised to show gains next year, although she notes that she has a slight preference for owning financial debt versus equity in the year ahead.  

NOW PLAYING

Angel Oak's Pate: Financials are at a good point 'for valuations to take off from here'

0:00 9:36

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Frequently Asked Questions

How long is this episode of The NAVigator?

This episode is 9 minutes long.

When was this The NAVigator episode published?

This episode was published on December 24, 2020.

What is this episode about?

Cheryl Pate, portfolio manager for Angel Oak Capital, says that banks took steps to shore up their balance sheets and now are sitting on excess reserves, which should boost earnings in the latter half of 2021. Coupled with a positive picture on...

Can I download this The NAVigator episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!