EGBN - U.S. Bank Stocks Weather April Tariff Storms
2025-05-08 02:30:00 ET
Summary
- US bank stocks recovered from April's tariff storms, during which they faced one of their worst weeks since 1990.
- The 212 banks in an S&P Global Market Intelligence analysis recorded a median total return of negative 3.2% for April, underperforming the S&P 500's 0.7% decline.
- The median price-to-adjusted tangible book value (TBV) for the 212 banks was 126.1% as of April 30, down from 134.6% at March 31 and 140.3% at the end of 2024.
US bank stocks recovered from April's tariff storms, during which they faced one of their worst weeks since 1990....
U.S. Bank Stocks Weather April Tariff Storms