Bank Stocks Have Gotten Slammed. Here Are 4 Worth a Look Ahead of Earnings.


other during bank income It’s coming at us, and nobody’s too happy about it. But happiness is not what stocks seem like. Citizens Finance Group And M&T Bank Attractive.

Make no mistake, banks have been a lousy investment this year He has many others.. of SPDR S&P Bank The 2022 Exchange Traded Fund (ticker: KBE ) is down 16.5%, barely better than it was. S&P 500 It decreased by 23.6 percent. But the symmetry in performance is even more alarming given the projections to 2022. Consumers and businesses are expected to start borrowing after the more than year-long pandemic swells their cash piles. The Fed has raised interest rates five times this year from near zero to 3.25 percent, so banks are expected to make more money on those loans. It must have been tough times for the not-for-profit sector.

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