Investors remain bullish on bank stocks in the first half of 2024, driven by rate cut expectations, decent lending and modest economic growth. So, banks - Citigroup (C), Wells Fargo (WFC), JPMorgan (JPM), Bank of America (BAC) and BNY Mellon (BK) - outperform the S&P 500 index.
We explore whether the company is worth its hefty share price.
U.S. banks, including Goldman (GS), JPMorgan (JPM) and Bank of America (BAC), Citigroup (C), Fifth Third Bancorp (FITB), among others, are lifting their payouts in the wake of stress test.