Results Were Strong. Bank Stocks Are Still Getting Hit Hard.
LIVE Bank of America Profit Soars 23%, Continuing Sector's Strong Start to Earnings Season Last Updated: 1 day ago Results Were Strong. Bank Stocks Are Still Getting Hit Hard. By Andrew Welsch Bank stocks fell Tuesday morning even as some of the nation's largest banks reported strong third-quarter earnings. The KBW Bank Index was down 0.7% compared with a 1.1% decline for the S&P 500. JPMorgan Chase and Goldman Sachs were among those hardest hit, with shares down 3.8% and 5.3%, respectively. Both companies ...