Bank Stock Roundup - March 31, 2009
Mar.31, 2009 in
Bank Stocks
Stocks rebounded today, erasing some of yesterday’s losses. The KBW Banking Index rose 7.57% and the KBW Regional Banking Index rose 4.75%. The broader S&P 500 Index was up 1.31%.
The Bank Index was led by Fifth Third Bancorp, Huntington Bancshares Incorporated, and Synovus Financial, which were up 17.74%, 15.28%, and 13.64%, respectively. Leading the Regional Banking Index were Synovus Financial, Citizens Republic Bancorp, and Boston Private Financial Holdings, which were up 13.64%, 13.14%, and 11.08%, respectively.
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