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Loan Growth Is Newest Challenge For Banks: (KBWB)

FYI: Banks have underperformed this year, returning about 5%—compared with 11.4% for the S&P 500.

That’s somewhat counterintuitive. Overall, bank loan books remain pretty healthy, higher interest rates have helped boost net-interest income, dividends and buybacks have been getting stronger, and loan growth has been decent, in the mid-single digits for mid-cap firms—all of which has helped profit growth for banks.
Regards,
Ted
https://www.barrons.com/articles/loan-growth-is-newest-challenge-for-banks-1537579574?mod=djem_b_Weekly Feed for Barrons Magazine

M* Snapshot KBWB:
https://www.morningstar.com/etfs/xnas/kbwb/quote.html
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