PNC Financial: Looking Ahead To A Better 2025
PNC(PNC) Seeking Alpha·2024-09-09 22:12
Althom Regional bank equities are up big in the past year. The SPDR S&P Regional Banking ETF (KRE) is 30% higher from this time in 2023, with the bulk of the returns coming just since mid-June. It comes as weakness in growth names has caused a cooling of the bull market. Price often drives the narrative, and right now, there has been a clear transition in favor of value equities, despite ongoing fears of economic weakness in the offing. A significant bullish catalyst for small domestic banks is the rea ...