Major Regional Bank Industry Healthy: 4 Stocks to Gain in 2025
The Bank of New York Mellon(BK) ZACKS·2025-01-03 14:35
The Zacks Major Regional Banks will benefit from the Federal Reserve’s interest rate cuts as the deposit/funding costs come down and the industry-wide lending backdrop improves. Further, a decent economic expansion will support the industry players’ net interest income (NII) and margins.Business restructuring/expansion initiatives and digitization will offer support. Though weakening asset quality is likely to exert pressure on the financials to some extent, major banks like U.S. Bancorp (USB) , Truist Fina ...