Undervalued, overvalued, fairly valued. That's impossible to say. That sector is very fragile and vulnerable to the least little problem in banking, investing, lending, government actions or non actions, graft, corruption, the economy, etc.It wouldn't take much to bring the values down another 10%-20%

The government is talking about imposing an excise tax on banks. That is an issue that is holding their value down.

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No, they are all a pack of spongers.

Yes - thanks to the American taxpayers bailing them out. Free Money ! Wahoo!

The 2008 financial crisis left the banks trading well below their historic norms.

But now the banks look like they are back on their feet.

Warren Buffett recently said banks are now in the best shape ever.