Bank Stocks Are Lagging the S&P 500 by the Most Since 1990

Impact · against what's priced in

The article's highlights are overwhelmingly priced in, as the market had already discounted the cyclical peak in earnings and the current margin pressures. The only potential catalyst is the long-term threat of AI-driven deposit migration, which could structurally raise the cost of funding beyond current assumptions.

BAC+0.00

Already priced in

The price assumes

A continuation of current consumer banking... revenue near $191.6 billion with minimal growth