Long-term Outlook for Banking Sector Is Positive.

The article presents an interview with David Bishop, a director in the Research Department for Hovde Group, discussing the long-term outlook for the banking sector. Bishop expresses caution regarding interest rate hike velocities and their impact on bank funding costs. He notes increasing competition in deposit rates and the pressure on margins. He also addresses concerns about commercial real estate credit overhang but emphasizes that most banks are not heavily exposed to high-risk properties.