WBS - Bank OZK Leads Regional Banks Down
The S&P Regional Banks got battered once again on Monday, down 3.01%. But that is purely a continuation of what has been a rough Fall. The index has fallen 16.58% from its high back in early June and has fallen 7.05% since the start of October. The stocks in the index are down an average of 8.31% MTD. As shown below, the chart for regional banks has completely rolled over.
Of all 126 regional banks included in the index, only 6 have managed to see any gains MTD. Two of these, Independent Bank Corp. (INDB)