Though US Bank Stocks Are Under-Performing Now, Future Looks Bright

The S&P 500 is down 1.67%. The benchmark index for major US banks, KBW Nasdaq Bank Index,  has declined more with a loss of 2.79% so far this year. The chart below shows the 5-year return of the index: Click to enlarge Source: Yahoo Finance Though banks are lagging the S&P 500, over the past …

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Despite Rising Dividends Some Investors Are Avoiding Bank Stocks

After the recent financial crisis many banks have shored up their balance sheets and are now raising dividends due to increasing earnings. However some investors are still avoiding bank stocks according to a piece in the Journal yesterday. From the article: Nearly 300 banks had reduced or discontinued their dividends since 2008, saving the industry …

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Which U.S. Banks Are Growing Revenues?

Some investors are completely avoiding stocks in the U.S. banking sector due to the recent credit crisis and the continuing failure of banks on a weekly basis. While there are many known unknowns with this industry such as further writedowns of real-estate loan losses, plenty of opportunities abound for astute investors. With thousands of banks …

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Bank Overdraft Fees: Another Example of Gotcha Capitalism

Overdraft fees charged by banks in the U.S. is another example of Gotcha Capitalism, a term coined by MSNBC’s Bob Sullivan who also wrote a book by the same name. The book shows how big businesses rip off billions of dollars from U.S. consumers in the form of hidden fees. Overdraft fees is an example …

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Five U.S. Banks With High Levels of Service Charge Income

As the Federal Reserve plans to implement new rules to regulate  banks’ service charges, an article titled TCF Risks Backdraft on Overdraft Fees today in the Journal mentioned five banks that have had high levels of service charges as a percentage of noninterest income. In this post, lets take a look some of the fees …

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