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When Market Expectations Trump Reality: Regional Banks
Sunday, March 26, 2017 - 10:26am | 616Read More...Following President Donald Trump’s election victory in November, regional bank stocks aggressively rallied as investors cheered the possibility of a new banking boom during the Trump era. On the campaign trail, Trump repeatedly called for deregulation of banks and lower corporate tax rates,...
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Mid-Cap US Banks Near Peak Valuations; Citizens, Fifth Third, KeyCorp, Zion Downgraded
Wednesday, November 16, 2016 - 2:51pm | 335Read More...Bank stocks have been on quite a run since Election Day, but further upside may now be limited. In a new report, Bernstein analyst Kevin Pierre downgraded four U.S. regional banks from Outperform to Market Perform. According to Pierre, the bank stocks are simply fully-valued at this point....
