Episode 198: Update on bank stocks

This episode reviews a series of articles from July through August of 2024 to check in on how banks stocks are performing. Bank stocks continue to be impacted by commercial real estate loans and portfolio concentrations, compressing net interest income, regulatory burden, presidential election cycle, mixed earnings between the big 4 and regional banks, and enthusiasm over AI. Bank stocks are up on the year but had a rough couple of weeks. The hope right now is that rate cuts will help the industry and ignite an increase in M&A activity toward the end of the year.