Bank stocks declined today, as the KBW Banking Index fell 5.41% and the KBW Regional Banking Index fell 5.69%. The broader S&P 500 Index was down 2.31%.

The Bank Index was led downward by SunTrust, Bank of New York Mellon, and Regions Financial Corporation, which were down 11.02%, 10.15%, and 8.72%, respectively.

Leading the Regional Banking Index lower were Citizens Republic Bancorp, TCF Financial Corporation, and Prosperity Bancshares, which were down 9.68%, 9.58%, and 9.53%, respectively.