Bank stocks led the market higher today after JPMorgan Chase reported earnings that exceeded expectations.  The KBW Bank Index rose 2.13% and the KBW Regional Banking Index rose 2.24%. The broader S&P 500 Index was up 1.55%.

The Bank Index was led by Regions Financial Corporation, Huntington Bancshares Incorporated, and Comerica Incorporated, which were up 34.00%, 8.17%, and 6.95%, respectively. Lagging on the day were Bank of New York Mellon, State Street Corporation, and People’s United Bank, which had losses of 4.15%, 3.92%, and 1.62%.

Leading the Regional Banking Index were Citizens Republic Bancorp, Central Pacific Financial Corp., and Sterling Financial Corporation, which were up 14.46%, 8.53%, and 7.31%, respectively. Offsetting these were Associated Banc-corp, Hudson City Savings Bank, and City National Corporation, which had losses of 1.76%, 0.93%, and 0.73%.