why would you buy bank shares??, page-5

I think it's a LT Buy. Just get the Dividends and hold.
Unlikly they cut dividends to 0.

Have they reached bottom ? Don't know, but its always hard to pick the bottom.

With interests rates coming down, dividend return is not to bad on them compared to fixed interest investments.

Banks are the first to go up if Economy comes back.
But I grant that's 1-2 years away.

So all depends on your investment strategy.