Stocks in the banking sector tumbled in March, as investors worried about what name would be the next SVB Financial, Signature Bank, or Credit Suisse.
Not even the group’s smallest publicly traded stocks avoided the blow.
Peapack-Gladstone Financial
(ticker: PGC) and
Bankwell Financial Group
(BWFG), with market values of only $520 million and $200 million, are down 20% and 16% so far this year, with most of the drops in March.
Source: https://www.barrons.com/articles/bank-stocks-peapack-bankwell-4b11cffb?siteid=yhoof2&yptr=yahoo