Even as the vast majority of banks report better-than-expected Q1 earnings, bank stock indexes...

|By:, SA News Editor

Even as the vast majority of banks report better-than-expected Q1 earnings, bank stock indexes are underperforming the broader market since earnings season began. A big run-up in bank stocks prior to earnings is the likely culprit, but slimming net interest margins, and loan books barely growing are also worth noting.