Deposit-Funded Banks & Consumer Lending

Deposit-funded banks turn customer relationships into lending, payments and interest income, providing an alternative to crowded AI infrastructure exposure. Recent weakness in several banking shares creates a selective entry point, with Citigroup, Wells Fargo and Bank of America trading at modest forward earnings valuations on the supplied sheet. Credit deterioration and funding competition remain the principal risks. Launch basket (equal weight): JPM, BAC, WFC, C, NU, COF Rules: 1. No inverse, leveraged or volatility ETFs. 2. Only names tradable at the enrolled brokers (Moomoo): no OTC listings, no dead tickers, nothing on the refused list.