Midwest Banks Profit From Rebounding Housing Market

http://beta.fool.com/scoophoop/2013/03/28/rebounding-housing-market-benefits-regional-banks/29049/

Midwest Banks Profit From Rebounding Housing Market

By Michael Hooper - March 28, 2013 | Tickers: CFFN, CBSH, UMBF | 0 CommentsEdit

Michael is a member of The Motley Fool Blog Network -- entries represent the personal opinion of the blogger and are not formally edited.

Regional banks that cater to single-family homeowners will benefit from a rebounding housing market.

Banks like Capitol Federal Financial (NASDAQ: CFFN), UMB Financial Corp. (NASDAQ:UMBF) and Commerce Bancshares (NASDAQ: CBSH) will benefit as Midwest consumers take advantage of low-interest rates to upgrade their housing situation.

All three banks operate in the Midwest, where unemployment rates are lower than the national average, and housing markets have seen improvement from a year ago.