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Reality Check for Bank Profits, Stock Rally.

Authors :
Gongloff, Mark
Source :
Wall Street Journal - Eastern Edition. 10/14/2009, Vol. 254 Issue 89, pC1-C1. 2/5p. 1 Graph.
Publication Year :
2009

Abstract

The article discusses prospects for shares of U.S. bank stocks. Since early March of 2009 an index of bank stocks has risen over 150%. However, influential analyst Meredith Whitney now considers bank shares to be fairly priced. Losses on credit cards and commercial real-estate loans could weigh on the shares of small and regional U.S. banks.

Details

Language :
English
ISSN :
00999660
Volume :
254
Issue :
89
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
44605140