Research and News

US banks underperformed the broad market slightly in September 2022, for the third time over the last four months. Moreover, BKX index ended September in the red again, for the 6th time out of the first 9 months of 2022. BKX index tumbled by 9.4% MoM in ...

10 October 2022, Arbat Capital

investment, banks;

US banks outperformed the broad market slightly in August 2022, for the first time over the last three months. However, BKX index ended the month in the red, for the 5th time out of the first 8 months of 2022. BKX index decreased by 2.4% MoM in August 20...

09 December 2022, Arbat Capital

investment, banks;

US banks underperformed the broad market significantly in June 2022, for the third time over the last four months. BKX index ended just two months in the green in the first half of 2022. Thus, BKX index tumbled by 13.3% MoM vs -8.4% MoM of SPX index. Abs...

07 November 2022, Arbat Capital

investment, banks;

US banks outperformed the broad market noticeably in May 2022, for the first time over the last three months. It was just the second month with positive absolute performance in 2022. Thus, BKX index increased by 5.9% MoM vs flat MoM dynamics of SPX index...

06 October 2022, Arbat Capital

investment, banks;

US banks underperformed the broad market noticeably in April 2022, for the second month in a row, after relatively strong dynamics in the first two months of the year. Thus, BKX index tumbled by 11.3% MoM vs -8.8% MoM of SPX index. Absolute April perform...

05 December 2022, Arbat Capital

investment, banks;

US banks underperformed the broad market significantly in March 2022 after two consecutive months of better dynamics, but it was again the month with negative performance in absolute terms. Thus, BKX index tumbled by 7.5% MoM vs +3.6% MoM of SPX index. A...

04 2022, Arbat Capital

investment, banks;

US banks outperformed the broad market again in February 2022 despite to their negative absolute performance, after three consecutive months of positive dynamics. Thus, BKX index decreased by 0.6% MoM vs -3.1% MoM of SPX index. Absolute February performa...

03 October 2022, Arbat Capital

investment, banks;

US banks outperformed the broad market significantly in January 2022 despite to not very strong absolute performance, after three consecutive months of underperformance. BKX index increased by 2.1% MoM vs -5.3% MoM of SPX index, the 5th month of growth i...

02 October 2022, Arbat Capital

investment, banks;

US banks underperformed noticeably in the last trading month of the year (as of December 23, 2021), the third consecutive month of underperformance despite to hawkish Fed and a growth of the rate expectations. Thus, BKX index decreased by 0.3% MtD vs +3....

01 October 2022, Arbat Capital

investment, banks;