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Ten years after the financial crisis, the return on equity of US banks is still 30% below pre-crisis levels. That seems strange—the economy is healthy and company profitability in many other sectors is close to an all-time high, so why aren’t banks doing better?
In the latest video in our 60 Seconds series, watch senior global equity opportunities analyst Julian Wellesley discuss the factors that have been weighing on bank stocks and his outlook from here.
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This blog post is provided for informational purposes only and should not be construed as investment advice. Any opinions or forecasts contained herein reflect the subjective judgments and assumptions of the authors only and do not necessarily reflect the views of Loomis, Sayles & Company, L.P. This information is subject to change at any time without notice.
