Research and News

US banks were little changed in May as it did in April. In May BKX index increased by 1.0% MoM vs +2.2% of SPX index. In fact, in the first part of month banks demonstrated positive performance due to strong quarterly results, expectations of both rising...

06 September 2018, Arbat Capital

investment, banks;

US banks started the second quarter with relatively flat dynamics after two consecutive months of decline. In April US banks increased by 0.5% MoM vs +0.3% of SPX index. Currently, US banks are just 0.3% higher than it was at the end of 2017, despite the...

05 November 2018, Arbat Capital

investment, banks;

US banks finished the quarter in the red zone (-0.2% ytd) despite in January they demonstrated the most impressive start of the year since 2010. In March banks lost 5.5% MoM vs -2.7% MoM of SPX index, after -2.3% MoM decline in February. Banks significan...

04 2018, Arbat Capital

investment, banks;

US banks were sold off in February after they had demonstrated the most impressive start of the year since 2010. In February US banks decreased by 2.3% MoM vs -3.9% of SPX index. But banks added +5.6% YTD significantly outperforming S&P 500 which inc...

03 2018, Arbat Capital

investment, banks;

In December US Banks (BKX index) increased by 2.0% MoM vs +1.0% MoM of S&P 500 index after slight outperformance in November. Despite strong growth of banks quotes in the last four months (+14.8% in absolute terms) SPX index outperformed it during 20...

01 2018, Arbat Capital

investment, banks;

In November, US Banks increased by 3.1% MoM vs +2.8% MoM of S&P 500 Index after the flat performance (vs SPX index) in the previous month. Despite strong performance of banks in the last 3 month, SPX still continues to outperform financial sector YTD...

12 November 2017, Arbat Capital

investment, banks;

In October US Banks increased by 2.2% MoM, flat dynamics vs S&P 500 Index after the strong outperformance in the previous month due to positive perception of the September FOMC meeting. However, SPX still continues to outperform financial sector YTD:...

11 September 2017, Arbat Capital

investment, banks;

The best performance was showed by Signature (SBNY), Suntrust (STI) and Bank of America (BAC), each of which added more than 5%.

02 March 2017, Arbat Capital

banks;