5 Things to Expect From Bank Earnings in the First Quarter
The banking sector got off to a strong start in 2021, with the SPDR S&P Bank ETF (NYSEMKT: KBE) rising roughly 24% through the first three months of the year, compared to just a 6% gain for the S&P 500. And the rally likely still has a ways to go as the sector appears to have emerged stronger after a brutal 2020 due to the coronavirus pandemic.
Next week, several big banks will kick off earnings season by releasing reports and they should give investors a first peek under the hood of 2021, which could be a very interesting year for the sector given all of the different factors at play.
Here are five things to expect from first-quarter bank earnings reports.
Source Fool.com