Jason Snipe of Odyssey Capital bets on regional banks in Q1
Speakers
Jason Snipe
— Founder, Odyssey Capital Advisors
Summary
Jason Snipe of Odyssey Capital Advisors names regional banks as his top Q1 idea. He expects a constructive 2026 backdrop from a steeper yield curve, returning loan demand, expected Fed accommodation, and bank M&A, while noting the group has consolidated after its post-SVB recovery. He says he is less dependent on Fed policy details and more focused on the consumer and yield-curve steepening.
- Jason Snipe selects regional banks as his top Q1 idea.
- Regionals have recovered sharply since 2023 but lagged in 2025 amid private credit concerns.
- He sees a steeper yield curve benefiting regional bank margins more than money-center banks.
- Returning loan demand and expected Fed accommodation are viewed as tailwinds.
- Bank M&A, especially regional banks being acquired, is seen as a positive catalyst.
- He cites a resilient consumer and tight credit spreads.
- He says he is not overly reliant on Fed rate cuts and expects rates lower over time.
Ideas
Regional banks are top Q1 pick.
Jason's top Q1 idea is regional banks. He notes the group has recovered about 88% from the 2023 SVB collapse but 2025 was a consolidation year, up only 7%, as private credit concerns pulled positioning back. For 2026 he sees a constructive backdrop: the yield curve is steepening and that is generally more accretive to regional bank margins than to money-center banks; loan demand is coming back as the Fed appears more accommodative; and M&A activity should be a positive catalyst, with regional banks potentially being acquired by bigger banks. He also cites a resilient consumer and tight credit spreads, and says he is not overly reliant on the Fed, though he expects rates to move lower and views yield-curve steepening as the major factor.
Up Next
This CNBC video, published January 09, 2026, features Jason Snipe discussing KRE. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: Jason Snipe · Tickers: KRE