Bank sector is hitting this 'trifecta,' set to outperform S&P 500
unknown📝 Article Content
Earnings season starts for major banks JPMorgan Chase (JPM), Bank of America (BAC), Citigroup (C), Morgan Stanley (MS), Wells Fargo (WFC), and Goldman Sachs (GS) this week, all of these major financial stocks set to report fourth quarter earnings results throughout the week. RBC Capital Markets analyst Gerard Cassidy shares his perspective on the KBW Bank ETF (KBWB) outperforming the S&P 500 (^GSPC), while also discussing his outlook for regional bank stocks Fifth Third Bancorp (FITB) and M&T Bank (MTB). Also hear Gerard Cassidy explain why President Trump's suggested 10% cap on credit card rates would have "real negative repercussions" for borrowers. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts.
📄 Summary
Earnings season starts for major banks JPMorgan Chase (JPM), Bank of America (BAC), Citigroup (C), Morgan Stanley (MS), Wells Fargo (WFC), and Goldman Sachs (GS) this week, all of these major financial stocks set to report fourth quarter earnings results throughout the week. RBC Capital Markets analyst Gerard Cassidy shares his perspective on the KBW Bank ETF (KBWB) outperforming the S&P 500 (^GSPC), while also discussing his outlook for regional bank stocks Fifth Third Bancorp (FITB) and M&T Bank (MTB). Also hear Gerard Cassidy explain why President Trump's suggested 10% cap on credit card rates would have "real negative repercussions" for borrowers. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts.