1995: Best Banks' Multiyear Performance

This is a US news story, published by Yahoo Finance, that relates primarily to Brian Moynihan news.

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Why big banks are obsessed with 1995

Summary

Nutrition label

81% Informative

In 1995 , a Fed cut interest rates and a recession didn't follow, leading to one of the best multiyear periods for banks in US history.

An index broadly tracking the sector would finish the year up over 40% , outperforming the S&P 500.

This year , the same banking industry index (^BKX) is up more than 14% , while a regional bank-focused index is up 8% .

Lenders that benefited from high rates are likely to see less profits, while those that lagged are expecting a boost.

Even without a US recession, a repeat of 1995 would still require loan growth and the revival of investment banking.

Some bank executives, including Bank of America CEO Brian Moynihan and PNC CEO Bill Demchak , reiterated their expectations for better earnings in 2025 .

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Informative language

Neutral language

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formal

Language

English

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not offensive

Hate speech

not hateful