Some regional banking companies are not getting the recognition they deserve from investors, but that could soon change, some analysts say.

"We believe that the middle-market bank group may be due to break out of the doldrums it has been in for the last 10 months, as value investments regain favor over momentum- and liquidity-driven stocks," said Kenneth Puglisi, banking analyst at Sandler O'Neill & Partners. "As this occurs, companies with superior fundamentals and low market valuations will be among the best performers."

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