Bank ETFs in Focus on Mixed Q1 Earnings
Bank of America(BAC) Zacks Investment Research·2024-04-17 13:00
U.S. banking earnings have been an awaited one as investors’ view toward the banking sector has dwindled last year, thanks to the U.S. regional banking crisis emanating in March 2023 and investors’ shifting deposits to big banks. Although the crisis has subsided considerably, investors' attention will undoubtedly be focused on the earnings of the big banks as rising rate worries still loom.For example, JPMorgan (JPM) experienced a decline in its shares on Friday despite surpassing profit expectations, as CE ...