BMO's chief strategist says you have to 'sift through the rubble' in the banking sector. Here are the smaller names he likes

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BMO's chief strategist says you have to 'sift through the rubble' in the banking sector. Here are the smaller names he likes
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Brian Belski listed two bank stocks in his small and mid-cap portfolio.

First Citizens BancShares and Glacier Bancorp are smart smaller bank stocks to own as investors re-examine the pummeled financial sector, according to Brian Belski, chief investment strategist at BMO Harris. "Unfortunately, you have to kind of sift through the rubble to find ... the best names," he said on CNBC's " Halftime Report .

" KBE FCNCA,GBCI YTD mountain First Citizens and Glacier compared with the bank ETF Bank stocks dropped across the board last month as the banking crisis played out, with the SPDR S & P Bank ETF finishing March down 23.2%. The SPDR S & P Regional Banking ETF fell even further with a 28.8% drop as concerns centered on whether other smaller banks would suffer the same fate as Silicon Valley and Signature Bank , which was also closed.

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